PRIME investment property, right on the CSU campus! Turn-key 4-plex with zero vacancy for many years running. At a CAP rate of over 6.0 and approaching $60k in annual income, this is a rare find in this prime Fort Collins location. This will be the gem of your investment portfolio for years to come, as Fort Collins and CSU continue to be one of the most sought after locations in the country. Very easy to manage 1 bed/1 bath units. Low maintenance brick exterior. Two units are garden level, the other two are above ground. Also a perfect investment if you have a student going to CSU. Currently managed by property management company if you want turn-key convenience, but buyer is not required to continue using management company if you don't want to. Call today for more information, rent rolls, and expense reports.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Appliances
- Electric Range/Oven
- Refrigerator
Heating and Cooling
- Heating Features: Baseboard
- Heating: Yes
Interior Features
- Window Features: Window Coverings
Other Rooms
- Basement Description: Partial
Land Info
- Lot Size Acres: 0.15
- Lot Size Square Feet: 6534
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- Elementary School: Bennett
- Elementary School District: Poudre
- High School: Rocky Mountain
- High School District: Poudre
- Middle School: Blevins
- Middle or Junior School District: Poudre
Multi-Unit Info
- Number of Units: 10
- Bedrooms in Unit-1: 1
- Bedrooms in Unit-2: 1
- Bedrooms in Unit-3: 1
- Bedrooms in Unit-4: 1
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 1
- Total Bathrooms in Unit-4: 1
- Unit-1 Square Feet: 645
- Unit-2 Square Feet: 645
- Unit-3 Square Feet: 645
- Unit-4 Square Feet: 645
- Unit 1 Total Actual Rent: 1295
- Unit 2 Total Actual Rent: 1225
- Unit 3 Total Actual Rent: 1145
- Unit 4 Total Actual Rent: 1245
Amenities and Community Features
Other Property Info
- Annual Tax Amount: 4214.4
- Source Listing Status: Active-Backup
- County: Larimer
- Tax Year: 2023
- Source Property Type: Residential Income
- Possible Use: Multi-Family
- Inclusions: Window Coverings, Electric Range/Oven, Refrigerator, Smoke Alarm(s)
- Source Neighborhood: CAMPUS GARDENS
- Subdivision: CAMPUS GARDENS
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 2580
- Year Built: 1964
- Construction Materials: Brick/Brick Veneer
- Levels: Bi-Level
- Property Age: 60
- Property Condition: Not New, Previously Owned
- Roof: Composition
Utilities
- Electric: Electric, Separate Meter Electricity
- Sewer: City Sewer
- Electricity Available
- Cable Available
- Water Source: City Water, City of Fort Collins
Home Features
- Security Features: Smoke Detector(s)
