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1629 Azalea Dr

Fort Collins, CO 80526
  • $1,050,000
  • STATUS: Active
  • ON SITE: 54 Days
  • MLS #: 973285
UPDATED: 41 min ago
$1,050,000
  • 12
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,952
    SQFT
  • $266
    $/SQFT
Type:
Multi-Family
Built:
1969
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

FABULOUS BRICK 4 unit investment property located close to CSU, near the heart of Fort Collins. Exceptional rental history, fully leased (room for rent increases) with extremely low turnover. Unique layout that features three of the units with 3 bedrooms and 1 bathroom; and one unit with 3 bedrooms plus a bonus room and 1.5 bathrooms. Includes 8 off street parking spots, and a separate coin operated laundry facility for tenants. Water heaters replaced in 2018. Tenants pay electricity/gas. Owner pays water/sewer/trash/laundry area utilities.

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© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Brokers, LLC.. Data last updated: 2022-10-06T15:43:30.297.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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1629 Azalea Dr Fort Collins, CO 80526

  • Price: $1,050,000
  • Status: Active
  • On Site: 54 Days
  • Updated: 41 min ago
  • MLS #: 973285
12
Beds
0
Baths
0
½ Baths
0.23
Acres
3,952
SQFT
$266
$/SQFT
1969
Built
Neighborhood:
Elliott Miller Foothills West
County:
Larimer
Area:
09 Fort Collins area
Elementary School:
Bauder
Middle School:
Blevins
High School:
Rocky Mountain
School District:
Poudre
Property Description
FABULOUS BRICK 4 unit investment property located close to CSU, near the heart of Fort Collins. Exceptional rental history, fully leased (room for rent increases) with extremely low turnover. Unique layout that features three of the units with 3 bedrooms and 1 bathroom; and one unit with 3 bedrooms plus a bonus room and 1.5 bathrooms. Includes 8 off street parking spots, and a separate coin operated laundry facility for tenants. Water heaters replaced in 2018. Tenants pay electricity/gas. Owner pays water/sewer/trash/laundry area utilities.
Exterior Features

Construction Materials Brick/Brick Veneer Horse YN No Levels Two Lot Features CurbsGuttersSidewalksCorner Lot Other Parking Parking Per Unit(2 Spaces/Unit) Patio And Porch Features PatioDeck Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigeratorWasherDryer Basement None Cooling Room Air Conditioner Cooling YN Yes Heating Hot Water Heating YN Yes Interior Features Eat-In Kitchen Laundry Features Common Area Living Area Source Assessor Unit1 Bedrooms 3 Unit1 Est Sq Ft 969 Unit1 Total Baths 1 Unit2 Bedrooms 3 Unit2 Est Sq Ft 969 Unit2 Total Baths 1 Unit3 Bedrooms 3 Unit3 Est Sq Ft 1093 Unit3 Total Baths 2 Unit4 Bedrooms 3 Unit4 Est Sq Ft 969 Unit4 Total Baths 1 Window Features Window Coverings

Property Features

Association YN No Cap Rate 5.8 Ditches Active YN No Electric ElectricCity Of Fort Co Exclusions Tenants Personal Property Gas Natural GasXcel Energy Gross Income 71800 Has Improvements No Has Water Rights No Income Includes Lease/RentsLaundry Listing Sub Status None Listing Terms CashConventional Locale Fort Collins Net Operating Income 60994 New Construction YN No Operating Expense 10806 Possible Use Multi-Family Property Condition Not NewPreviously Owned Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 5306 Tax Year 2021 Tenant Pays DepositGasElectricity Unit1 Rent 1100 Unit2 Rent 1400 Unit3 Rent 1600 Unit4 Rent 1400 Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity Of Fort Collins Zoning Mmn

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Kevin Cox of Resident Realty: 9702828585.



© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Brokers, LLC.. Data last updated: 2022-10-06T15:43:30.297.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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Fort Collins CO, 80521