$679,000

Estimated payment $4,028/month

Total Views 422
2 Beds
2 Baths
899 Sq Ft
$755 Price per Sq Ft

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Wood Frame Window
  • Dunn Elementary School Rated A-
  • No HOA
  • Eat-In Kitchen

About This Home

What a charming and profitable fully legal side by side duplex in the heart Old Town! This money maker is mostly leased out fully furnished in 6-12 month Lease terms to those visiting the Choice City! The perfect location right in the Heart of it all, is so close to City Park, Downtown, & CSU. Keep for the income OR live in one side and cover most of your mortgage with/the other side rents! Extremely darling, inviting & charming property that's dialed in. Offers a 360 sqft detached garage w/separate fully fenced backyard ares for each unit. Featuring refinished hardwood floors, fresh paint/textured walls, updated kitchens, tankless water heaters, updated plumbing and electrical, newer flat work & so much more! These units are the perfect size for this type of investment model. Each unit is a 1BR/1BA, with a living room, dining nook, closet, & each has their own washer/dryer. Turn-key with existing Leases in place. Phenomenal investment opportunity, run don't walk!

Listing Agent

Michael Jensen

Fort Collins Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,937

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Wood Fence

Parking

  • Alley Access

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 899 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Wood Frame Window
  • Wood Flooring
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Dunn Elementary School
  • Lincoln Middle School
  • Poudre High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number R0035246

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Prospect Place Subdivision

Building Details

  • Gross Income $46,444
  • Net Operating Income $35,164

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,937

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • Subdivision Name: Prospect Place
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Has Basement: Partial
  • Total Bedrooms: 2
  • Flooring: Wood Floors
  • Interior Amenities: Eat-in Kitchen, Cathedral/Vaulted Ceilings
  • Window Features: Window Coverings, Wood Frames
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

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 FTC
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

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

Schools

  • Elementary School: Dunn
  • HighSchool: Poudre
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning: MULTIFAM
  • Lot Size Sq Ft: 6098
  • Parcel #: R0035246
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2937

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 46443.6
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 11280

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,795 $34,297 $3,350 $30,947
2024 $2,795 $34,297 $3,350 $30,947
2022 $2,157 $22,841 $3,400 $19,441
2021 $2,228 $24,017 $3,575 $20,442
2020 $2,783 $29,744 $3,575 $26,169
2019 $2,795 $29,744 $3,575 $26,169
2018 $1,542 $16,920 $3,600 $13,320
2017 $1,537 $16,920 $3,600 $13,320
2016 $1,450 $15,880 $3,980 $11,900
2015 $1,439 $15,880 $3,980 $11,900
2014 $1,394 $15,280 $3,980 $11,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 For Sale $679,000 +68.7% $755 / Sq Ft
04/25/2021 04/25/21 Off Market $402,500 -- --
01/22/2021 01/22/21 Sold $402,500 -5.3% $428 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $425,000 -- $452 / Sq Ft
Source: IRES MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $402,500 Land Title Guarantee
Warranty Deed $395,000 First American
Special Warranty Deed -- None Available
Warranty Deed $183,000 Stewart Title
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $38,800 Unknown
Closed $386,650 Purchase Money Mortgage
Previous Owner $316,000 New Conventional
Previous Owner $180,000 Commercial
Previous Owner $30,000 Credit Line Revolving
Previous Owner $137,250 New Conventional
Source: Public Records

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Source: IRES MLS

MLS Number: 1031845

IRES MLS

APN: 97113-19-006