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Address:
1429 MEADOW DR
Type: Multifamily
Style:
Multiplex
Development Level: Built
Garage: Double, Detached
Year Built: 1875 "approx"
Taxes: $3,286.00 (2021)
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Great opportunity to diversify your portfolio with two Residential Units and two Commercial Units! Sitting on 1.1 acres, this property is located just behind a main intersection in popular Greely, but still maintains an uber flexible VM3 zoning - ideal for a bed & breakfast, day care, home based business, office, brewery, restaurant and training center (the list continues!) Currently valued at a 5.3 cap, this property CASH FLOWS and has all major systems updated and in good health. The main home is a duplex with one 1 Bedroom Unit and one 4 Bedroom Unit with excellent tenants. Outside there is a oversized 3 bay garage currently rented out to a small business, as well as a commercial grade Quonset in the rear of the property also rented out to another small business. If you've been looking to get involved in some Commercial Investing then this mixed use building is the perfect start! |
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Brokered and Advertised by:
RE/MAX
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Information is deemed to be correct but not guaranteed.
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