NOT LISTED FOR SALE
12 Beds
5 Baths
3,952 Sq Ft
9,852 Sq Ft Lot

Last Sold June 23, 2023

Last sale price $1,035,000 $262 Per Sq Ft

291 Days on Market

Highlights

  • 0.23 Acre Lot
  • Deck
  • No HOA
  • Rocky Mountain High School Rated A-
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of June 2023

Building is a FABULOUS BRICK 4 unit investment property located close to CSU, near the heart of Fort Collins. Exceptional rental history, fully leased (one unit is month to month) with extremely low turnover. Unique layout that features three of the units with 3 bedrooms and 1 bathroom; and one unit with 3 bedrooms plus a bonus room and 1.5 bathrooms. Includes 8 off street parking spots, and a separate coin operated laundry facility for tenants. Water heaters replaced in 2018. 2 Units just had brand new tiled bathrooms installed. New Deck installed for UNIT 1 in January. Tenants pay electricity. Owner pays gas/water/sewer/trash/laundry area utilities.

Last Agent to Sell the Property

Kevin Cox

Resident Realty Listed on: 08/12/2022

Resident Realty

Co-Listed By

Kory Cox

Resident Realty

Last Buyer's Agent

Janet Holmes

The Denver 100 LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,306

Year Built

  • Built in 1969

Lot Details

  • 9,852 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 3,952 Sq Ft Home
  • 2-Story Property
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • Bauder Elementary School
  • Blevins Middle School
  • Rocky Mountain High School

Utilities

  • Air Conditioning
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0175820

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Elliott Miller Foothills West Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Gross Income $74,200
  • Net Operating Income $58,629

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,306

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Year Built: 1969
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.23
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: 0RERE
  • Subdivision Name: Elliott Miller Foothills West
  • Directions: From Prospect and Taft, west on Prospect, south on Azalea
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3952
  • 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: 12
  • Interior Amenities: Eat-in Kitchen
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Corner Lot
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, City of Fort Co
  • Heating: Hot Water
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Common Area
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Fort Collins
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Bauder
  • HighSchool: Rocky Mountain
  • Junior High Dist: Poudre
  • Middle Or Junior School: Blevins

Lot Info

  • Zoning: MMN
  • Lot Size Sq Ft: 9852
  • Parcel #: R0175820
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5306

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 74200
  • Income Includes: ["Lease/Rents","Laundry"]
  • Annual Operating Expense: 15571

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
06/23/2023 06/23/23 Sold $1,035,000 -1.4% $262 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $1,050,000 0.0% $266 / Sq Ft
04/29/2023 04/29/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $1,050,000 0.0% $266 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/09/2023 03/09/23 Price Changed $1,050,000 -2.3% $266 / Sq Ft
03/02/2023 03/02/23 Price Changed $1,075,000 0.0% $272 / Sq Ft
03/02/2023 03/02/23 For Sale $1,075,000 +3.9% $272 / Sq Ft
10/17/2022 10/17/22 Off Market $1,035,000 -- --
09/21/2022 09/21/22 Price Changed $1,050,000 -8.7% $266 / Sq Ft
09/09/2022 09/09/22 Price Changed $1,150,000 -4.2% $291 / Sq Ft
08/18/2022 08/18/22 For Sale $1,200,000 +41.2% $304 / Sq Ft
06/08/2020 06/08/20 Off Market $850,000 -- --
03/10/2020 03/10/20 Sold $850,000 +3.7% $215 / Sq Ft
02/08/2020 02/08/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $820,000 +113.0% $207 / Sq Ft
01/28/2019 01/28/19 Off Market $385,000 -- --
07/30/2012 07/30/12 Sold $385,000 -3.7% $97 / Sq Ft
06/30/2012 06/30/12 Pending -- -- --
06/22/2012 06/22/12 For Sale $399,900 -- $101 / 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: 973285

IRES MLS

APN: 97212-06-006