NOT LISTED FOR SALE

4125 Flag Dr Laporte, CO 80535

3 Beds
2 Baths
6,240 Sq Ft
0.56 Acres

Last Sold January 29, 2016

Last sale price $598,333 $96 Per Sq Ft

48 Days on Market

Highlights

  • 0.56 Acre Lot
  • Forced Air Heating System
  • Laundry Facilities
  • No HOA

About This Home

As of January 2016

Outstanding investment in Laporte, CO, minutes from Old Town Fort Collins. Investment is made up of three 8-plexes (4125, 4205 & 4213 Flag) each on their own parcel, with addl shop/garage. Solid, concrete slab construction, with new double-paned windows. Tenants pay gas & electric, coin-op laundry. Rents below the regional average, giving investor upside. NOTE: 24 hr notice to show. Do not disturb tenants. No showings after 5pm or weekends. ALL 3 FLAG DRIVE 8-PLEXES MUST BE PURCHASED TOGETHER.

Last Agent to Sell the Property

Brian Mannlein

Cushman Wakefield Listed on: 11/12/2015

Last Buyer's Agent

Brian Mannlein

Cushman Wakefield Listed on: 11/12/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,197

Year Built

  • Built in 1975

Lot Details

  • 0.56

Home Design

  • Flat Tile Roof
  • Concrete Siding

Interior Spaces

  • 6,240 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Cache La Poudre Elementary And Middle School
  • Poudre High School

Additional Features

  • 0.56 Acre Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0248169

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Sunset Ridge Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Gross Income $68,138
  • Net Operating Income $43,207

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,197

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Year Built: 1975
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.56
  • Subdivision Name: Sunset Ridge
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 6240
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Microwave
  • Has Basement: None
  • Total Bedrooms: 3

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Construction Type: Concrete
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Common Area
  • Heating Yn: Yes
  • Water Source: City Water, West FTC
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Cache La Poudre
  • HighSchool: Poudre
  • Junior High Dist: Poudre
  • Middle Or Junior School: Cache La Poudre

Lot Info

  • Zoning: M
  • Lot Size Sq Ft: 24410
  • Parcel #: R0248169
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2197

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 68138
  • Annual Operating Expense: 24931

Range of Values:

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Average Value
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List Price
Sold Price
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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 $598,333 -- --
01/29/2016 01/29/16 Sold $598,333 -3.0% $96 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
11/12/2015 11/12/15 For Sale $616,667 -- $99 / 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: 779221

IRES MLS