$397,000
SOLD OCT 7, 2013

223 W Mulberry St Fort Collins, CO 80521

University North Neighborhood
6 Beds
4 Baths
3,689 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$108 Per Sq Ft

2% Below List Price

382 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Partially Fenced Property
  • Dunn Elementary School Rated A-
  • Brick Veneer
  • Gravity Heating System

About This Home

As of November 2017

Fully Leased Multi-Family Investment Property by Mason St Corridor! Building has seen some plumbing and electrical updates, Newer Roof and great tenants are in place thru 2013 and would like to stay. Leased for 3200/mo and Tenants pay all utilities, lawn care, snow removal. Easy to lease zero vacancy, see other adjacent properties that could be purchased together as an assembledge. Community Commercial Zoning, Designated "Rooming House" by county.

Last Agent to Sell the Property

Cyrus Green

Cyrus Green Independent Broker Listed on: 08/21/2012

Last Buyer's Agent

Rose Merkey

RE/MAX Alliance-FTC South

RE/MAX Alliance-FTC South

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,673

Year Built

  • Built in 1909

Lot Details

  • 4,792 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,689 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • Dunn Elementary School
  • Lincoln Middle School
  • Poudre High School

Utilities

  • Gravity Heating System

Listing and Financial Details

  • Tenant pays for gas, electricity, water, sewer, exterior maintenance, trash collection
  • Assessor Parcel Number R0066753

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Harrison Subdivision

Building Details

  • Gross Income $38,340
  • Net Operating Income $34,927

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,673

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Year Built: 1909
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: Harrison
  • Above Grade Finished Sq Ft: 3689
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3689
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family, Multi-Family, Commercial, Commercial or Industrial
  • Private Spa: No
  • Appliances: Electric Range/Oven
  • Has Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 3689
  • Window Features: Window Coverings
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 12
  • Master Bedroom Features: Wood Floor
  • Room Kitchen Features: Wood Floor
  • Room Kitchen Area: 144
  • Room Master Bedroom Area: 144

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Fenced
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • IRESDS_GarageType: None

Utilities

  • Electric: Electric, City
  • Heating: Gravity
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

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

Lot Info

  • Zoning: CC
  • Lot Size Sq Ft: 4792
  • Parcel #: R0066753
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity, Water, Sewer, Exterior Maintenance, Trash Collection

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 2673

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 38340
  • Annual Operating Expense: 3413

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
01/28/2019 01/28/19 Off Market $850,000 -- --
01/28/2019 01/28/19 Off Market $397,000 -- --
11/17/2017 11/17/17 Sold $850,000 -10.5% $216 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
10/02/2017 10/02/17 For Sale $950,000 +139.3% $241 / Sq Ft
10/07/2013 10/07/13 Sold $397,000 -2.0% $108 / Sq Ft
09/07/2013 09/07/13 Pending -- -- --
08/21/2012 08/21/12 For Sale $405,000 -- $110 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rose Merkey

    Seller's Agent in 2017

    Rose Merkey

    RE/MAX

    (970) 219-4859

    78 Total Sales

    Section Image
  • Cyrus Green

    Seller's Agent in 2013

    Cyrus Green

    Cyrus Green Independent Broker

    (970) 581-8440

    8 Total Sales

    Section Image
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Map

Source: IRES MLS

MLS Number: 689498

IRES MLS

Colorado Larimer County Fort Collins 80521 University North

223 W Mulberry St, Fort Collins, CO

This home is located at 223 W Mulberry St, Fort Collins, CO 80521 and is currently priced at $397,000, approximately $107 per square foot. This property was built in 1909. 223 W Mulberry St is a home located in Larimer County with nearby schools including Dunn Elementary School, Lincoln Middle School, and Poudre High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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