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$400,000   Price Analysis
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841 Franklin Ave
Berthoud, CO 80513
4 bed 2 bath 1,440 SqFt ($277/SqFt)
7,004SqFt lot. Built 1961
Listed 2024-06-28, Taxes $2,163
USDA Eligible
near Berthoud, CO
 

Your Own ATM - Mailbox Money!

* Has Contingent Offer *

As y ou already know, duplexes are hard to find, so don't miss this one. Since 2015, the seller of this property has effortlessly collected income while enjoying excellent tax deductions, without ever having seen the property. This nearly maintenance-free brick duplex boasts newer soffits and gutters and is located in downtown Berthoud. Great leases are already in place: Unit 841, occupied by a tenant for 3 years, is leased through 5/25 and Unit 843, occupied by a tenant for 20 years, is leased through 5/26.Each unit in this easily rentable duplex features 2 bedrooms, 1 bathroom, in-unit washers and dryers and a private fenced outdoor space.

Additionally, tenants have access to a concrete-floored, cinderblock-walled storage building for bikes, tools and outdoor equipment. Plus, there are no HOA fees associated with this proprty. If you need to see it in person, a 24-hour showing notice is required.


Presented by Tara Tooley at
Tara Tooley.
Listing Agent Photo

Property MLS #1013219 from IRES

Bedrooms: 4

Total Bathrooms: 2
Full Bathrooms: 2

Eat-in Kitchen
Interior Amenities: Eat-in Kitchen

Electric Range/Oven
Refrigerator
Washer
Dryer

Heating Features: Forced Air
Heating: Yes

Other Structures: Storage
Street Additional Info: 843

Lot Description: Level
Lot Size Acres: 0.1607897
Lot Size Square Feet: 7004

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Berthoud
Elementary School District: Thompson R2-J
High School: Berthoud
High School District: Thompson R2-J
Middle School: Turner
Middle or Junior School District: Thompson R2-J

Turner Middle School is a public middle school located approximately 0.2 miles away.
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Berthoud Elementary School is a public elementary school located approximately 0.3 miles away.
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Berthoud High School is a public high school located approximately 0.7 miles away.
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Campion Academy is a private high school located approximately 2.7 miles away.
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Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit 1 Total Actual Rent: 1300
Unit 2 Total Actual Rent: 1320

Annual Tax Amount: 2469
Source Listing Status: Active-Backup
County: Larimer
Tax Year: 2023
Source Property Type: Residential Income
Possible Use: Multi-Family
Inclusions: Electric Range/Oven, Refrigerator, Clothes Washer, Clothes Dryer
Source Neighborhood: Lakeside
Subdivision: Lakeside
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$19,883 + $2,679
$22,562
$2,163
2021$20,907 + $2,817
$23,724
$2,273
2020$21,321 + $2,817
$24,138
$2,314
2019$21,321 + $2,817
$24,138
$2,248
2018$16,466 + $2,837
$19,303
$1,896
2017$16,466 + $2,837
$19,303
$1,672
2016$10,913 + $3,136
$14,049
$1,255
2015$10,913 + $3,136
$14,049
$1,249
2014$8,730 + $3,140
$11,870
$1,104
2013$8,730 + $3,140
$11,870
$1,104
2012$9,690 + $3,140
$12,830
$1,202
2010$9,690 + $3,140
$12,830
$1,247
2009$10,040 + $3,140
$13,180
$1,242
2008$10,040 + $3,140
$13,180
$1,241
2007$10,200 + $3,140
$13,340
$1,247

Listed 2024-06-28
$400,000
IRES
Sold 2015-07-14
$240,500
Public Record
Sold 2007-09-07
$153,000
Public Record
Sold 1992-07-01
$137,000
Public Record

Total Square Feet Living: 1440
Year Built: 1961
Construction Materials: Brick/Brick Veneer
Levels: One
Property Age: 63
Property Attached: Yes
Property Condition: Not New, Previously Owned
Roof: Composition
Structure Type: Duplex
Architectural Style: Ranch

Electric: Electric, Xcel
Gas: Natural Gas, Xcel
Sewer: City Sewer
Natural Gas Available
Electricity Available
Water Source: City Water, Town of Berthoud

Accessibility Features: Level Lot
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.