$860,000
$900,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
0.32 Acres Lot
SOLD DATE : 08/30/2023
Key Details
Sold Price $860,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Subdivision Harrison Ave Twnhms 2Nd Filing
MLS Listing ID 988107
Sold Date 08/30/23
Bedrooms 2
HOA Y/N false
Originating Board IRES MLS
Year Built 1980
Annual Tax Amount $5,968
Lot Size 0.320 Acres
Acres 0.32
Property Description
Stabilized high-performing rental 4-plex in a growing area! 6+ CAP rate with current rents. Recent appraisal at $1.1M! Minimal expenses with xeriscaped front yards and all utilities billed to tenants with separate meters. Easy access to I-25 & only 15 minutes from Fort Collins. Each unit is a 2-story townhome style with a 1-car detached garage with alley access. Private backyards for every unit, 2 bedrooms upstairs. 1 1/2 bath, with stackable washer and dryers in each unit. Tenants all pay $1600/mo on month-to-month leases. All tenants have been long-term tenants.
Location
State CO
County Larimer
Area Fort Collins
Zoning RES
Direction From I-25 and Cleveland Ave, head north on I-25 N. Take exit 278 for Co-1 S toward Wellington. Turn left onto W. Cleveland Ave. Turn right onto 5th St. Turn left at the 1st cross street onto Harrison Ave. Property will be on the right.
Rooms
Basement None, Crawl Space
Interior
Interior Features High Speed Internet
Heating Hot Water
Cooling Ceiling Fan(s)
Fireplaces Type 2+ Fireplaces
Fireplace true
Window Features Double Pane Windows
Appliance Electric Range/Oven, Refrigerator, Washer, Dryer
Exterior
Fence Fenced, Wood
Utilities Available Natural Gas Available, Electricity Available, Cable Available
Waterfront false
Roof Type Composition
Street Surface Paved,Asphalt
Handicap Access Level Lot
Porch Patio
Building
Lot Description Curbs, Gutters, Sidewalks, Level
Story 2
Sewer City Sewer
Water City Water, Town of Wellington
Level or Stories Two
Structure Type Wood/Frame,Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Eyestone
Middle Schools Wellington
High Schools Poudre
School District Poudre
Others
Senior Community false
Tax ID R1652261
SqFt Source Other
Special Listing Condition Private Owner
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201 Coffman Street # 1902, Longmont, Colorado, 80502, United States