NOT LISTED FOR SALE
9 Beds
5 Baths
3,618 Sq Ft
0.4 Acres

Last Sold November 06, 2023

Last sale price $920,000 $254 Per Sq Ft

57 Days on Market

Highlights

  • Multiple Fireplaces
  • No HOA
  • Baseboard Heating
  • Tavelli Elementary School Rated A-
  • Patio
  • Laundry Facilities

About This Home

As of November 2023

Check this out!! Introducing an incredible investment opportunity, this 4-plex offers four units in an ideal up and coming location. With three (3) 2-bed, 1-bath units and one (1) 3-bed, 2-bath unit, this property presents a lucrative option for investors. With excellent curb appeal, new roof in '22, new windows throughout, all "newer" hot water heaters (all replaced since 2019), and cosmetic updates done on 3 of 4 units, this property is sure to captivate tenants and investors alike. The well-maintained facade, huge backyard and amazing pergola covered patio enhance the overall appeal.Conveniently situated, this property provides easy access to a range of amenities, including schools, parks, shopping centers, and entertainment options. Excellent transportation links make commuting a breeze, appealing to a broader tenant base.

Last Agent to Sell the Property

Kevin Bolin

West and Main Homes Listed on: 07/08/2023

West and Main Homes

Co-Listed By

Aaron Everitt

Group Mulberry

Last Buyer's Agent

Jarred Peterson

C3 Real Estate Solutions, LLC

C3 Real Estate Solutions, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,527

Year Built

  • Built in 1979

Lot Details

  • 0.4 Acre Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,618 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Window Treatments

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Tavelli Elementary School
  • Lincoln Middle School
  • Poudre High School

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R0730033

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Evergreen Park Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Gross Income $63,900
  • Net Operating Income $52,562

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,527

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Year Built: 1979
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.4
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: 9GRPN
  • Subdivision Name: Evergreen Park
  • Directions: From College and Mulberry, Drive North on College to Conifer St. Head East on Conifer past Redwood St. Muddler Ct will be on the South side of the street.
  • Unit Levels: Bi-Level
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Legal Conforming
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3618
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Total Bedrooms: 9
  • Fireplace Features: 2+ Fireplaces
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Level
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Fort Collins
  • Heating: Baseboard
  • Utilities: Electricity Available, Cable Available
  • Laundry Features: Common Area
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Fort Collins

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Tavelli
  • HighSchool: Poudre
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning: LMN
  • Lot Size Sq Ft: 17286
  • Parcel #: R0730033
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4526.74

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 63900
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 11338.34

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold $920,000 -7.9% $254 / Sq Ft
08/02/2023 08/02/23 Price Changed $999,000 -4.9% $276 / Sq Ft
07/11/2023 07/11/23 For Sale $1,050,000 +106.7% $290 / Sq Ft
01/28/2019 01/28/19 Off Market $508,032 -- --
12/29/2014 12/29/14 Sold $508,032 -5.0% $148 / Sq Ft
11/29/2014 11/29/14 Pending -- -- --
10/22/2014 10/22/14 For Sale $535,000 -- $156 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 991728

IRES MLS

APN: 97011-38-008