NOT LISTED FOR SALE
8 Beds
4 Baths
3,168 Sq Ft
9,801 Sq Ft Lot

Last Sold December 06, 2022

Last sale price $900,000 $284 Per Sq Ft

10 Days on Market

Highlights

  • 0.23 Acre Lot
  • Open Floorplan
  • No HOA
  • Rocky Mountain High School Rated A-
  • Contemporary Architecture
  • Eat-In Kitchen

About This Home

As of December 2022

Fantastic Investment Opportunity! Continue renting out all four units or live in one unit and rent out the other three units, great option for residential owner occupant financing! This single-story updated brick 4-plex in West Fort Collins is conveniently located just 2 miles from CSU, close to the bus line, and just a few minutes walk to multiple foothills open areas. Each unit features 2 bedrooms, 1 full bath, an open concept living, kitchen, dining area and in-unit washer and dryer (included), and new windows. Three units are fully updated with low-maintenance, landlord-preferred LVP flooring, new countertops, kitchen appliances, cabinets, vanities, lighting, and shower surrounds! Updated units are renting for $1395 per month currently, non updated unit is in great shape, just dated, rented at $985 monthly, room for increases for all. Property comes with reserved parking, and ample off and on street parking. All the hard work has been done!

Last Agent to Sell the Property

Ian Johnston

C3 Real Estate Solutions, LLC Listed on: 10/06/2022

C3 Real Estate Solutions, LLC

Co-Listed By

Peter Clay

C3 Real Estate Solutions, LLC

Last Buyer's Agent

Danielle Spitz Barela

RE/MAX Alliance-FTC South

RE/MAX Alliance-FTC South

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,040

Year Built

  • Built in 1971

Lot Details

  • 9,801 Sq Ft Lot
  • Level Lot
  • Sprinkler System

Parking

  • Driveway Level

Home Design

  • Contemporary Architecture
  • Property Attached
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,168 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Dining Room

Kitchen

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

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Schools

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

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R0176621

Community Details

Overview

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

Building Details

  • Gross Income $62,040
  • Net Operating Income $54,503

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,040

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Property Sub Type: Attached Dwelling
  • 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: JCSRE
  • Subdivision Name: Elliot Miller Foothills West
  • Directions: From Prospect and S Overland Trail - Go West on Prospect Rd., Take a left onto S Overland Trail, Take a left onto Sumac Street. Property is the second building on the left - 3024 Sumac Street.
  • Architectural Style: Contemporary/Modern, Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Accessibility Features: Level Lot, Level Drive, Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Separate Dining Room, Open Floorplan
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Level, Within City Limits
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Direction Faces: North,South
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, City of FC
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of FC
  • Gas Company: Natural Gas, Xcel

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: 9801
  • Parcel #: R0176621
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5040

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 62040
  • Annual Operating Expense: 7537

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
12/06/2022 12/06/22 Sold $900,000 0.0% $284 / Sq Ft
10/06/2022 10/06/22 For Sale $900,000 +70.8% $284 / Sq Ft
01/28/2019 01/28/19 Off Market $527,000 -- --
03/13/2017 03/13/17 Sold $527,000 +2.3% $166 / Sq Ft
02/11/2017 02/11/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $515,000 -- $163 / 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: 976711

IRES MLS