$632,500
$645,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,750 SqFt
SOLD DATE : 03/15/2024
Key Details
Sold Price $632,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $361
Subdivision East Dale
MLS Listing ID 7237874
Sold Date 03/15/24
Bedrooms 4
HOA Y/N No
Originating Board recolorado
Year Built 1923
Annual Tax Amount $2,628
Tax Year 2022
Lot Size 9,583 Sqft
Acres 0.22
Property Description
**4 Bedroom 2 Bathroom Legal Duplex** Incredible opportunity to own up/down duplex just minutes from Old Town Fort Collins! This duplex is overflowing with character- from the original hardwood floors, to the tongue and groove wood ceilings, you're sure to fall in love the moment you open the front door. The upstairs unit boasts three large, sun-drenched bedrooms along with a bathroom. A full kitchen with separate dining room offer plenty of space for entertaining. The lower, garden-level unit has its own exterior access, along with one large bedroom plus one additional nonconforming bedroom, as well as a living room, full kitchen, and bathroom. There are multiple additional spaces that could be finished into additional bedrooms, currently used as shared storage rooms (350+ sqft). Shared laundry onsite. This duplex sits on a HUGE lot- almost a quarter acre, and is fully landscaped with large front/back patios, along with 3 off-street parking spots.
This is a fantastic investment opportunity, or perfect house hack situation: Live in one unit and rent the other to help pay your mortgage! Primary short term rentals allowed per current city zoning. The opportunities for value adds are endless as well, given unused and unfinished bonus spaces. Schedule your showing today!
Current leases total $3330/month. Lower unit leased through 5/31/24, upper unit leased through 2/29/24. Tenants are respectful and have history of all on time rent payments during term. Not currently used as a student rental. Both units have individual furnaces, hot water heaters, metering. Tenants pay all utilities. Separate electric and gas meters, tenants are billed back for water/sewer monthly. Tenants pay all grounds maintenance directly to service provider. Buyer to verify all zoning. Inspection and clean sewer scope available for review.
Location
State CO
County Larimer
Zoning NCM
Rooms
Basement Exterior Entry, Finished
Interior
Interior Features Eat-in Kitchen, Laminate Counters, Smoke Free
Heating Forced Air
Cooling None
Flooring Carpet, Tile, Wood
Fireplaces Number 2
Fireplaces Type Family Room
Fireplace Y
Appliance Dishwasher, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
Laundry Common Area, In Basement
Exterior
Exterior Feature Private Yard, Rain Gutters
Garage Driveway-Gravel
Utilities Available Electricity Connected
Roof Type Membrane
Parking Type Driveway-Gravel
Total Parking Spaces 3
Garage No
Building
Lot Description Landscaped, Level, Near Public Transit
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Concrete,Stone,Stucco
Schools
Elementary Schools Laurel
Middle Schools Lesher
High Schools Fort Collins
School District Poudre R-1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with C3 Real Estate Solutions LLC
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