About 1602 11th Avenue
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.
Features of 1602 11th Avenue
| MLS® # | 5767539 |
|---|---|
| Price | $1,124,000 |
| Bedrooms | 11 |
| Bathrooms | 4.00 |
| Square Footage | 5,105 |
| Acres | 0.23 |
| Year Built | 1915 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 1602 11th Avenue |
|---|---|
| Subdivision | University District |
| City | Greeley |
| County | Weld |
| State | CO |
| Zip Code | 80631 |
Amenities
| Utilities | Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected |
|---|---|
| Parking Spaces | 11 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Cooktop, Dishwasher, Disposal, Dryer, Range, Washer |
|---|---|
| Heating | Baseboard |
| Cooling | None |
| Fireplace | No |
| Stories | Two |
Exterior
| Exterior Features | Private Yard |
|---|---|
| Lot Description | Corner Lot |
| Roof | Shingle |
| Foundation | Concrete Perimeter |
School Information
| District | Greeley 6 |
|---|---|
| Elementary | Maplewood |
| Middle | Heath |
| High | Greeley Central |
Additional Information
| Date Listed | July 2nd, 2025 |
|---|---|
| Zoning | R-H |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | SFinvest Real Estate |
|---|