1429 MEADOW DRIVE Greely

1429 MEADOW DRIVE, Greely

$1,399,000

  • 5
  • 3
Great low-maintenance investment opportunity! Beautifully renovated multifaceted income property that provides multiple avenues for income generation. This fully tenanted property features 2 residential units, a garage rental and quonset that sit on a huge 1.1 acre parcel of land in the beautiful town of Greely. The main house features a 4bd unit (A) grossing $2345 and a 1 bedroom unit (B) grossing $1640. Additional sources of income include the insulated 3 bay garage at $1130 and a commercial-grade insulated Quonset rented at $1921. Producing a cap rate of just over 4%. VM-3 zoning allows for even more potential with a plethora of permitted uses. Conveniently located close to amenities, schools and parks.The perfect property to broaden your investment portfolio. (id:38738)
  • Listing ID: 1274684
  • Property Type: Single Family
  • Year Built: 1875
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Rooms

LevelTypeDimensions
Second LevelDining Room13'11" x 7'9"
Second LevelKitchen13'11" x 11'9"
Second LevelPrimary Bedroom19'6" x 13'1"
Second LevelBedroom11'4" x 10'4"
Second LevelBedroom10'3" x 9'5"
Second LevelBedroom11'5" x 11'4"
Second LevelBathroomMeasurements not available
Second LevelBathroomMeasurements not available
Main LevelLiving Room20'11" x 20'2"
Main LevelLiving Room19'3" x 10'2"
Main LevelDining Room13'8" x 8'6"
Main LevelKitchen13'8" x 9'2"
Main LevelBedroom15'8" x 13'8"
Main LevelBathroomMeasurements not available

Details

  • Amenities Nearby: Recreation Nearby, Shopping
  • Ownership: Freehold
  • Parking Spaces: 10
  • Transaction: For sale
  • Zoning Description: VM3

Building

  • Appliances: Refrigerator, Dishwasher, Dryer, Stove, Washer
  • BasementType: Crawl space (Not Applicable)
  • Basement Development: Not Applicable
  • Bedrooms Main Level: 5
  • Constructed Date: 1875
  • Construction Style Attachment: Detached
  • Cooling: Central air conditioning
  • Exterior Finish: Brick, Siding
  • Fireplace Present: True
  • Fireplace Total: 1
  • Flooring: Wall-to-wall carpet, Hardwood, Tile
  • Foundation: Poured Concrete, Stone
  • Bathrooms (Total): 3
  • Heating: Baseboard heaters, Heat Pump
  • Heating Fuel: Natural gas
  • Stories Total: 2
  • Type: House
  • Utility Water: Drilled Well

Land

  • Amenities: Recreation Nearby, Shopping
  • Sewer: Septic System
  • Size Frontage: 184 ft ,11 in
  • Size Irregular: 184.95 ft X 0 ft (Irregular Lot)

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    This property for sale located at 1429 MEADOW DRIVE in Greely was last modified on January 13th 2022. Contact Maggie Horne today and schedule a viewing or subscribe to other properties for sale in Greely.

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