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For sale
  • $1,124,000

    1602 11th Avenue, Greeley, CO 80631

    22beds
    8baths
    5,105sqft
    : 
    Duplex
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $220/sqft
    $-- HOA

    What's special

    High incomeJoint and several lease
    This specialty property, a frat house, offers high income, the benefit of a single joint and several net lease with 11 co-signers. If you think such a property presents risk, think again. The joint and several lease provides much greater security than a comparable property like a 4-plex. The bottom line, the property offers unique security of the income stream compared to conventional housing products. The 3.625% loan is fully assumable with fixed interest through September 2027, and with interest rate stops to ensure that the interest will not spike with the increase. Give us a call for your personal tour of this great asset.
    57 days
    on Zillow
    |
    259
    |
    17
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 05, 2025 at 06:28pm

    Listed by:

    William Sheridan 720-900-5872 william@sfinvest.com,

    SFinvest Real Estate

    Source: REcolorado,MLS#: 5767539MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1602 11th Avenue.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 22
    • Bathrooms: 8
    Heating
    • Baseboard
    Cooling
    • None
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Dryer, Range, Washer
    • Laundry: In Unit
    Features
    • Basement: Finished
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 5,105
    • Total interior livable area: 5,105 sqft
    • Finished area above ground: 3,450
    • Finished area below ground: 1,655

    Property

    Parking
    • Total spaces: 11
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Front Porch
    • Exterior features: Private Yard
    • Fencing: None
    Lot
    • Size: 10,018.8 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: R3283186
    • Zoning: R-H
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Brick, Frame
    • Foundation: Concrete Perimeter
    Condition
    • Updated/Remodeled
    • Year built: 1915

    Utilities & green energy

    • Electric: 110V, 220 Volts
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected

    Community & HOA

    Community
    • Subdivision: University District
    HOA
    • Has HOA: No
    Location
    • Region: Greeley

    Financial & listing details

    • Price per square foot: $220/sqft
    • Tax assessed value: $601,069
    • Annual tax amount: $3,241
    • Date on market: 7/2/2025
    • Listing terms: Cash
    • Exclusions: Tenant Personal Property. Possession Subject To Existing Tenant Lease.
    • Ownership: Corporation/Trust
    • Tenant pays: Cable TV, Electricity, Gas, Grounds Care, Internet, Telephone, Trash Collection, Water
    • Electric utility on property: Yes
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