$1,700,000

Estimated payment $10,226/month

Total Views 2,576
22 Beds
12 Baths
8,410 Sq Ft
$202 Price per Sq Ft

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • West Facing Home
  • No HOA
  • Baseboard Heating
  • Wood Fence

About This Home

Come tour this rare gem investment property in tranquil LaPorte. This 7 plex overlooks a 32 acre farm to the east, views of the mountains to the west. Ride your bike to Watson Lake or quick access to the Poudre Canyon. 6 units are 3 bedroom w/1 Car garage. Most units have 1.5 baths. 7th unit is a 3 bedroom w/1.5 baths and has a carport. Several long term tenants so room for rent increases in the coming years. All have separate back yards. Perfect move-up property for your 1031 exchange.

Listing Agent

Erin Brandt

Brandt Realty

Co-Listing Agent

Dane Brandt

Brandt Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,851

Year Built

  • Built in 1978

Lot Details

  • 0.89 Acre Lot
  • West Facing Home
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Sprinkler System

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 8,410 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 12 Bathrooms

Location

  • Near Farm

Schools

  • Cache La Poudre Elementary And Middle School
  • Poudre High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R1140396

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • Cotton Willow Estates Subdivision

Building Details

  • Gross Income $141,996
  • Net Operating Income $126,307

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,851

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Year Built: 1978
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.89
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: 9BRND
  • Subdivision Name: Cotton Willow Estates
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Has Basement: None
  • Total Bedrooms: 22
  • Flooring: Wood Floors
  • Interior Amenities: Eat-in Kitchen
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood, Chain Link
  • Lot Features: Lawn Sprinkler System, Level, Abuts Farm Land
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: West
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, xcel
  • Heating: Hot Water, Baseboard
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Water Source: City Water, City of Fort Collins
  • 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: Cache La Poudre
  • HighSchool: Poudre
  • Junior High Dist: Poudre
  • Middle Or Junior School: Cache La Poudre

Lot Info

  • Zoning: M
  • Lot Size Sq Ft: 38798
  • Parcel #: R1140396
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8851

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 141996.36
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 15689

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
04/01/2025 04/01/25 For Sale $1,700,000 +30.8% $202 / Sq Ft
11/08/2021 11/08/21 Off Market $1,300,000 -- --
08/10/2021 08/10/21 Sold $1,300,000 +8.3% $179 / Sq Ft
06/16/2021 06/16/21 For Sale $1,200,000 -- $165 / Sq Ft
Source: IRES MLS

Source: IRES MLS

MLS Number: 1029857

IRES MLS