Rare opportunity for an under/over duplex just east of CSU campus. This property has been lovingly care for and managed by the same owner for over 25 years. Leases in place with stable tenants through summer of 2026. Rents have room for significant improvement in the future. Driveway is shared with neighbor to the west and garages are connected at a firewall. Garage is an oversized tandem. Utilities are currently split by tenants. Showings will need to be approved by tenants, please call agent for further information. Floor plans, Matterport Tour, Video and Pictures provided.
Property Features
Bedrooms
Appliances
- No Units Furnished
- Electric Range
- Dishwasher
- Refrigerator
- Washer
- Dryer
Other Rooms
Heating and Cooling
- Cooling Features: Central Air
- Fireplace Features: Insert
- Heating Features: Forced Air, Baseboard
- Heating: Yes
Bathrooms
Exterior and Lot Features
- Tandem Garage
- Fencing: Fenced
Land Info
- Land Lease Amount Frequency: Fixed Term
- Lot Description: Paved, Curbs, Gutters, Sidewalks
- Lot Size Acres: 0.17
- Lot Size Square Feet: 7405
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- Elementary School: Laurel
- High School: Ft Collins
- High School District: Poudre
- Middle School: Lesher
- School District: Poudre
Rental Info
- Gross Income: 30000
- Income Includes: Lease/Rents
- Tenant Pays: Deposit, Gas, Electricity, Water, Sewer
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: 1
- Total Bathrooms in Unit-2: 1
- Unit-1 Square Feet: 1000
- Unit-2 Square Feet: 1000
Other Property Info
- Annual Tax Amount: 3235
- Source Listing Status: Active
- County: Larimer
- Cap Rate: 3.99
- Tax Year: 2024
- Source Property Type: Residential Income
- Exclusions: Tenants personal property
- Possible Use: Single Family, Multi-Family
- Area: Fort Collins
- Property Subtype: condo
- Source Neighborhood: Ftc
- Parcel Number: R0054984
- Subdivision: Ftc
- Zoning: NCM
- Property Subtype: Duplex
Farm Info
- Irrigation Water Rights: No
Commercial Info
- Net Operating Income: 24765
- Operating Expense: 5235
Building and Construction
- Total Square Feet Living: 2000
- Year Built: 1920
- Construction Materials: Frame, Metal Siding
- Levels: One
- Living Area Source: Assessor
- Property Age: 106
- Property Condition: Not New, Previously Owned
- Roof: Composition
- Levels or Stories: One
- Structure Type: Duplex
Utilities
- Electric: City of Fort Collins
- Sewer: Public Sewer
- Natural Gas Available
- Electricity Available
- Cable Available
- Master Meter-Electric
- Master Meter-Gas
- Satellite Avail
- High Speed Avail
- Underground Utilities
- Water Source: City
