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Fort Collins,CO 80524
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Subdivision Ftc
MLS Listing ID IR1030095
HOA Y/N No
Originating Board recolorado
Year Built 1912
Annual Tax Amount $4,765
Tax Year 2024
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Quadplex
Property Description
This is a unique opportunity to purchase a well-established four-plex with excellent rental history in a prime old town/downtown Fort Collins location. The property consists of four 1 bed/1 bath units. This coveted location is only one block from Old Town Square and one block from the library. In addition, it's located in the City of Fort Collins primary short term rental area. There are good long-term tenants - two may want to stay on and two plan to vacate. The property is extremely well maintained including a newer boiler for heating (hot water radiators), updated electrical throughout, updated plumbing, and all have remodeled kitchens and baths. Along with good mechanicals there are charming features like exposed brick, hardwood floors, even radiant floor heat in two of the units. Tenants share the clothes washer/dryer in the basement and the detached garage and shed provides shared storage. Sellers are participating in a 1031 exchange and the sale will be contingent upon finding a replacement property. Buyers to verify all information.
Location
State CO
County Larimer
Zoning OT-C
Rooms
Basement Partial,Sump Pump
Interior
Heating Hot Water
Cooling Air Conditioning-Room,Ceiling Fan(s)
Flooring Wood
Fireplace N
Appliance Dishwasher,Dryer,Oven,Refrigerator,Washer
Exterior
Fence Partial
Utilities Available Electricity Available,Natural Gas Available
Roof Type Composition
Total Parking Spaces 1
Building
Lot Description Sprinklers In Front
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Stucco
Schools
Elementary Schools Laurel
Middle Schools Lesher
High Schools Fort Collins
School District Poudre R-1
Others
Ownership Individual
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional