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NAV Real Estate
1325 Darrell Rd, Evans, CO 80620
- $175,000
- 3
- BD
- 3
- BA
- 1,440
- SqFt
Courtesy of eXp - Greeley . 9703010266
- List Price
- $175,000
- Type
- Condo
- Property Sub Type
- Condominium
- Status
- ACTIVE UNDER CONTRACT
- MLS Number
- IR1070462
- Structural Style
- Contemporary
- Bedrooms
- 3
- Bathrooms
- 3
- Baths Half
- 1
- Sqft Total
- 1,440
- Year Built
- 1998
Property Description
*Under Contract prior to published listing* $125 per square foot for a fully remodeled 3-bedroom, 3-bath townhome-style condo in Evans. That math doesn't show up often.This 1,440 sqft unit was renovated with new flooring, fresh paint, plush carpet, and an updated kitchen - meaning a buyer can close, list it for rent, and be cash-flowing within 30 days. Zillow's rent estimate puts it at $1,876/month against a sub-$180K purchase price, which is a cap rate that most NoCo investors haven't seen in years.Three bedrooms, three bathrooms, partial finished basement, attached garage, and an HOA of $350/month covering management. Easy access to Highway 85 and the 34 Bypass.A note for buyers: This property is non-warrantable, which means conventional financing through Fannie Mae or Freddie Mac is not available. Cash, portfolio loans, and DSCR loans are the typical path. If you're an investor with capital or a HELOC, this property's been priced specifically for you - and at $125/sqft with rental demand this strong, it pencils.
Additional Information
- Tax Amount
- $1,469
- Water Source
- Public
- Sewer
- Public Sewer
- Basement Type
- Full
- Heating
- Forced Air
- Cooling
- Central Air
- School District
- Greeley 6
- Elementary School
- Centennial
- Middle Or Junior School
- Prairie Heights
- High School
- Greeley West
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