$525,000    ♡   Fort Collins, CO 80521 4 bed 2 bath 1,386 SqFt ($378/SqFt) 5,228SqFt lot. Built 1947 Listed 2024-02-02, Taxes $2,627 | Ⓧ USDA Ineligible due to location near Fort Collins |
Legal over-under duplex in Old Town on a large corner lot.
* No Longer For Sale *
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Remodeled in 2011 and well maintai ned since, this wonderful investment property boasts 2 bedrooms and 1 bathroom in each unit (one lower-level bedroom is non-conformng), ductless A/C in upper unit, large 2-car detached garage (each unit having access to one side) and plenty of off-street parking.
The upper unit is currently leased on a month-to-month basis for $1, 250 per month. The lower unit is leased for $1, 050 per month through June 30, 2024. There is room for significant rent increases.
Presented by Matt Nesbitt at
The Group- Mulberry.
Property MLS #1002575 from IRES
Full Bathrooms: 2
Gas Range/Oven
Refrigerator
Heating Features: Forced Air
Heating: Yes
Road Surface Type: Paved, Asphalt
Lot Size Acres: 0.1200184
Lot Size Square Feet: 5228
Calculated Total Monthly Association Fees: 0
Elementary School District: Poudre
High School: Poudre
High School District: Poudre
Middle School: Lincoln
Middle or Junior School District: Poudre
Map directions Map directions Map directions Map directionsBedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit-1 Square Feet: 693
Unit-2 Square Feet: 693
Unit 1 Total Actual Rent: 1250
Unit 2 Total Actual Rent: 1050
Tenant Pays: Deposit, Gas, Electricity
Source Listing Status: Closed
County: Larimer
Tax Year: 2023
Source Property Type: Residential Income
Possible Use: Multi-Family
Inclusions: Electric Range/Oven, Gas Range/Oven, Refrigerator
Source Neighborhood: Capital Hill
Subdivision: Capital Hill
Zoning: NCM
Property Subtype: Income Property
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $22,726 + $5,100 $27,826 | $2,627 |
| 2021 | $23,895 + $5,363 $29,258 | $2,713 |
| 2020 | $19,391 + $5,363 $24,754 | $2,316 |
| 2019 | $19,391 + $5,363 $24,754 | $2,326 |
| 2018 | $11,110 + $5,400 $16,510 | $1,504 |
| 2017 | $11,110 + $5,400 $16,510 | $1,499 |
| 2016 | $10,117 + $5,970 $16,087 | $1,468 |
| 2015 | $10,117 + $5,970 $16,087 | $1,458 |
| 2014 | $11,120 + $3,980 $15,100 | $1,377 |
| 2013 | $11,120 + $3,980 $15,100 | $1,378 |
| 2012 | $9,710 + $3,980 $13,690 | $1,277 |
| 2010 | $9,710 + $3,980 $13,690 | $1,351 |
| 2009 | $11,260 + $3,820 $15,080 | $1,304 |
| 2008 | $11,260 + $3,820 $15,080 | $1,353 |
| 2007 | $11,830 + $3,820 $15,650 | $1,357 |
$525,000
IRES
Listing removed 2024-03-15
$0
REcolorado
Listed 2024-03-07
$525,000
REcolorado
Price Changed 2024-02-21
$525,000
IRES
Listed 2024-02-02
$550,000
IRES
Sold 2011-03-01
$188,500
IRES
Listed 2010-11-17
$209,000
IRES
Year Built: 1947
Construction Materials: Wood/Frame, Composition Siding
Direction Faces: South
Levels: One
Property Age: 77
Property Condition: Not New, Previously Owned
Roof: Composition
Architectural Style: Ranch
Gas: Natural Gas, Xcel
Sewer: City Sewer
Natural Gas Available
Electricity Available
Water Source: City Water, City of FTC
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.