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Greeley, CO 80634 705 26th Ave

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Presented By: The Station Real Estate; 9702197096
  • MLS# 1048003
  • 12/02/2025
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  • Beds • 32
  • Baths • 16
  • SQFT • 15,440

Home Details

This fully remodeled 16-unit multi-family property at 705/711 26th Avenue in Greeley presents a rare and highly attractive investment opportunity. Each unit features two bedrooms and one bathroom, thoughtfully designed to offer functional and comfortable living spaces. A standout feature is in-unit laundry, an amenity that is uncommon in this area and highly valued by tenants, providing a competitive advantage that supports strong occupancy and long-term tenant retention. Off-street parking further enhances tenant convenience, with the lot recently resurfaced and professionally striped to maximize usability and appeal.Every unit has been updated in recent years with modern finishes, including new flooring, fresh paint, central air conditioning, and stainless-steel appliances. Open floor plans and generously sized bedrooms create a sense of space and comfort, while contemporary features such as dishwashers in each unit add convenience and elevate the living experience. All major mechanical systems are in good working order, minimizing near-term capital expenditures and providing a turnkey solution for investors seeking stable income from day one.Strategically located just off Hwy 34 Business Route, this property offers tenants easy access to shopping, dining, and everyday essentials, increasing its appeal and supporting consistent occupancy. Greeley is positioned for some of the highest population and economic growth in the country over the next several years, further enhancing the long-term potential and value of this asset. With modern updates, thoughtful amenities, and a prime location in a rapidly expanding market, this 16-unit property delivers reliable cash flow and long-term appreciation potential. Investors seeking a well-maintained, highly marketable multi-family property will find that 705/711 26th Avenue combines immediate income with lasting value in one of Colorado's fastest-growing communities.
Presented By: The Station Real Estate; 9702197096

Interior Features for 705 26th Ave

Bedrooms

Total Bedrooms32

Bathrooms

Total Baths16

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesEat-in Kitchen
Window FeaturesWindow Coverings

General for 705 26th Ave

AppliancesElectric Range/Oven, Dishwasher, Refrigerator, Microwave, Some Appliances, Disposal
Attached Garage No
Cap Rate6.79
CityGreeley
Construction MaterialsBrick/Brick Veneer
CoolingCentral Air, Ceiling Fan(s)
CountyWeld
ElectricElectric, Separate Meter Electricity, Xcel
Elementary SchoolMadison
Energy EfficientSouthern Exposure
ExclusionsTenant's personal property.
Garage Y/NNo
Gas Y/NNatural Gas, Master Meter-Gas, Atmos
Gross Income254248.21
HOANo
HeatingForced Air
High SchoolNorthridge
High School DistrictGreeley 6
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet32028
Lot Size UnitsSquare Feet
MLS AreaGreeley/Weld
Middle/Junior High SchoolOTHER
Net Operating Income182382.21
New ConstructionNo
Number Of Units Total16
Operating Expense71866
Patio/Porch FeaturesPatio
Possible UseSingle Family
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Stories Count2
Structure TypeLegal Conforming
Subdivision NameGeist Watkins 1st Fg
Tax Annual Amount11051
Tax Year2024
Tenant PaysDeposit, Gas, Electricity, Water
UtilitiesNatural Gas Available, Electricity Available, Cable Available
ViewCity
Year Built1983
ZoningMulti Unit

Exterior for 705 26th Ave

Building Area Total15540
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Level
Lot Size Acres0.74
Lot Size Area32028
Other ParkingParking Per Unit(2 Spaces/Unit)
Road Frontage TypeCity Street
Road Surface TypePaved, Asphalt
SpaNo
Water SourceCity Water, City Of Greeley
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Northridge High School
Elementary School Madison Elementary School
Middle School N/A

Nathan Washam

Broker/Owner
Price $2,688,000
MLS#1048003
List Date 12/02/2025
Property Type Income
Phone 970.988.8295
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