$1,232,500
SOLD OCT 31, 2024

1012 Davidson Dr Fort Collins, CO 80526

10 Beds
12 Baths
5,170 Sq Ft
0.26 Acres

Recently Sold

$238 Per Sq Ft

5% Below List Price

49 Days on Market

Highlights

  • No HOA
  • Community Pool
  • Cooling Available
  • Beattie Elementary School Rated 9+
  • Walk-In Closet
  • Patio

About This Home

As of October 2024

Phenomenal investment opportunity. Fully rented 4-plex with a fantastic Ftc location near Drake & Shields. Very solid rental history. Two 3 bed, 2.5 bath units and two 2 bed 2.5 bath units. Each unit is a 2-story plan w/fireplace, in-unit laundry, pantry, primary bedrooms w/private bath, back patio, and 2-car attached garage! Neighborhood pool. Minimum of 24 hour notice for all showings- the more notice the better. For initial showings 1-2 units will be available for viewing & once under contract we will arrange for all units to be viewed.

Last Agent to Sell the Property

Dennis Schick

RE/MAX Alliance-FTC South

RE/MAX Alliance-FTC South

Last Buyer's Agent

Dennis Schick

RE/MAX Alliance-FTC South

RE/MAX Alliance-FTC South

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,413

Year Built

  • Built in 1979

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 5,170 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Sided Fireplace
  • Window Treatments
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Walk-In Closet
  • 12 Bathrooms

Schools

  • Beattie Elementary School
  • Blevins Middle School
  • Rocky Mountain High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Additional Features

  • Patio
  • 0.26 Acre Lot

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, trash collection
  • Assessor Parcel Number R0768111

Community Details

Overview

  • No Home Owners Association
  • Association fees include common amenities, trash, snow removal, ground maintenance, management
  • 4 Units
  • Cimarron Square Subdivision

Recreation

  • Community Pool
  • Park

Building Details

  • Gross Income $75,300
  • Net Operating Income $69,887

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,413

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Year Built: 1979
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.26
  • Subdivision Name: Cimarron Square
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: All Appliances
  • Has Basement: None
  • Total Bedrooms: 10
  • Fireplace Features: Double Sided
  • Fireplace: Yes
  • Interior Amenities: Pantry, Walk-In Closet(s)
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, City of Ftc
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Ft Collins
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Grounds, Management
  • Community Features: Pool, Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Beattie
  • HighSchool: Rocky Mountain
  • Junior High Dist: Poudre
  • Middle Or Junior School: Blevins

Lot Info

  • Zoning: MMN
  • Lot Size Sq Ft: 11445
  • Parcel #: R0768111
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Trash Collection

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5413

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 75300
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 5413

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $1,232,500 -5.2% $238 / Sq Ft
09/12/2024 09/12/24 For Sale $1,300,000 -- $251 / Sq Ft
Source: IRES MLS

Source: IRES MLS

MLS Number: 1018539

IRES MLS