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926 James Fort Collins, CO 80521
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Key Details
Sold Price $760,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 2,580 sqft
Subdivision Campus Gardens
MLS Listing ID IRE1008992
Sold Date 06/28/24
HOA Y/N No
Year Built 1964
Annual Tax Amount $4,214
Tax Year 2023
Lot Size 6,534 Sqft
Acres 0.15
Source ires
Property Description
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.
Location
State CO
County Larimer
Community Campus Gardens
Area Fort Collins
Zoning MR
Rooms
Basement Partial
Interior
Heating Baseboard
Appliance Electric Range, Refrigerator, Fire Alarm
Exterior
Community Features Park
Utilities Available Electricity Available, Cable Available, Separate Meter Electricity
View Y/N No
Roof Type Composition
Improvements No
Garage No
Building
Lot Description Paved
Sewer Public Sewer
Water City
Level or Stories Bi-Level
Structure Type Brick
New Construction false
Schools
Elementary Schools Bennett
Middle Schools Blevins
High Schools Poudre
School District Poudre
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Private Owner
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