Discover a rare opportunity at 1200 Pomona St-a beautifully renovated duplex offering Old Town convenience without the Old Town price tag. Tucked beside peaceful natural space with pathways leading to the Poudre River, and the convenience of being a stones throw from Old Town, this property is a wonderful balance of the right price in a great location. Both units have been fully updated with fresh paint, new LVP flooring, carpet, painted kitchen cabinets, updated bathrooms, and modern lighting and switches. Major improvements include a new roof, new blown-in attic insulation, and high-efficiency heat pumps for both heat and AC, and even a new parking lot, so all the heavy lifting is done. For owner-occupants, live in one unit and let the other pay a chunk of your mortgage. With flexible zoning, you can short-term rent (Airbnb), mid-term rent to traveling professionals, or go the traditional long-term route, offering excellent potential to offset your housing costs. For investors, it's turn-key from day one: updated systems, low-maintenance finishes, and strong rental demand in one of Fort Collins' most desirable locations. Modern, efficient, and ideally located.
Property Features
Bedrooms
Interior Features
- Eat-in Kitchen
- Window Features: Window Coverings
Appliances
- Electric Range
- Refrigerator
- Washer
- Dryer
- Fire Alarm
Other Rooms
- Basement Features: Crawl Space
Heating and Cooling
- Cooling Features: Ductless
- Heating Features: Heat Pump, Baseboard
Bathrooms
Exterior and Lot Features
- Sprinkler System
- Fencing: Partial
- Patio And Porch Features: Patio
- Road Frontage Type: City Street
- Road Surface Type: Asphalt, Concrete
- Patio: Yes
Land Info
- Land Lease Amount Frequency: Year Lease
- Lot Description: Level, Abuts Public Open Space, House Faces South, Paved, Curbs, Gutters, Sidewalks, Street Light
- Lot Size Acres: 0.15
- Lot Size Square Feet: 6534
Garage and Parking
- Other Parking: 2 Spaces/Unit
- Parking Total: 8
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- Elementary School: Putnam
- High School: Poudre
- High School District: Poudre
- Middle School: Lincoln
- School District: Poudre
Rental Info
- Gross Income: 40116
- Income Includes: Lease/Rents
- Tenant Pays: Gas, Electricity, Water, Sewer, Trash Collection
Multi-Unit Info
- Number of Units: 2
- Number of 2 Bedroom Units: 2
- Bedrooms in Unit-1: 2
- Bedrooms in Unit-2: 2
- Total Bathrooms in Unit-1: 2
- Total Bathrooms in Unit-2: 2
- Unit-1 Square Feet: 1016
- Unit-2 Square Feet: 1016
Other Property Info
- Annual Tax Amount: 2298
- Source Listing Status: Active
- County: Larimer
- Cap Rate: 5.63
- Directions: From Vine and Shields. Head west on Vine. Right on Hanna Dr. Property is on the corner of Hanna and Pomona. Park either on the street or in the parking lot and access the 2 story building.
- Tax Year: 2024
- Source Property Type: Residential Income
- Possible Use: Multi-Family
- Area: Fort Collins
- Property Subtype: condo
- Source Neighborhood: Granada Heights 3rd Sub
- Parcel Number: R1685559
- Subdivision: Granada Heights 3rd Sub
- Zoning: LMN
- Property Subtype: Duplex
Farm Info
- Irrigation Water Rights: No
Commercial Info
- Net Operating Income: 33778
- Operating Expense: 6338
Building and Construction
- Total Square Feet Living: 2032
- Year Built: 1979
- Construction Materials: Frame
- Levels: Two
- Living Area Source: Assessor
- Property Age: 47
- Property Condition: Not New, Previously Owned
- Roof: Composition
- Levels or Stories: Two
- Structure Type: Duplex
Utilities
- Electric: City of Fort Collins
- Sewer: Public Sewer
- Electricity Available
- Cable Available
- Satellite Avail
- High Speed Avail
- Water Source: City
