Fairacres 1st Add Homes with Walk-Out Access Basement

Welcome to Fairacres 1st Addition, a charming neighborhood nestled in the heart of Greeley, Colorado. This delightful community is known for its friendly atmosphere, picturesque tree-lined streets, and a strong sense of belonging among residents. With its convenient access to local amenities, parks, and schools, Fairacres 1st Addition is an ideal place for families, young professionals, and retirees alike.

One of the standout features of homes in this neighborhood is the availability of walk-out access basements. These thoughtfully designed spaces not only provide additional living areas but also offer seamless access to the beautifully landscaped backyards. Imagine hosting summer barbecues, enjoying a quiet evening under the stars, or creating a personal oasis right outside your door. The walk-out basements enhance the overall functionality of the homes, allowing for versatile use as entertainment spaces, home offices, or guest suites.

Fairacres 1st Addition boasts a variety of architectural styles, ensuring there’s something for everyone. From charming ranch-style homes to modern two-story designs, the neighborhood showcases the perfect blend of character and contemporary living. Residents enjoy the convenience of nearby shopping, dining, and recreational facilities, with easy access to major highways for commuting.

In Fairacres 1st Addition, you’ll find not just a house, but a place to call home. With its welcoming community spirit and the added bonus of walk-out access basements, this neighborhood invites you to create lasting memories in a beautiful setting. Come discover the charm of Fairacres 1st Addition and see why it’s the perfect place to plant your roots!

Newest Fairacres 1st Add Homes with Walk-Out Access Basement

$474,500

IR1056928 MLS

Create or grow your investment portfolio with this solid all-brick duplex offering immediate income and excellent flexibility. Duplex-style investment opportunity with strong rental upside. All-brick duplex with two spacious units totaling approximately 3,040 sq. ft. Upper unit offers 3 bedrooms and 1 bath; lower unit offers 2 bedrooms and 1 bath. Both units are freshly painted, and the lower unit has newer cabinets, updated flooring, and is clean and ready for occupancy or lease-up. Property offers a shared attached 2-car garage, shared backyard, separate electric meters, and owner currently pays water, with gas split between units. Roof has hail-resistant shingles.Current rental analysis supports estimated market rents of approximately $1,475/month for the lower 2 bed/1 bath unit and approximately $1,825/month for the upper 3 bed/1 bath unit, for a projected total market rent of approximately $3,300/month. Seller/owner rents appear to be below current market potential, creating upside for an investor or owner-occupant. Buyer could live in one unit and rent the other, or lease both units as part of an investment portfolio. Buyer and buyer's agent to verify rental rates, expenses, lease terms, and all income projections to their satisfaction.

1706 17th Avenue, Greeley

Courtesy of Realty One Group Fourpoints . 9704055061

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