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    205 E Plum St

    Fort Collins, CO 80524
    • $750,000
    • STATUS: Active Under Contract
    • ON SITE: 50 days
    • MLS #: 920566
    Under Contract
    UPDATED: 68 min ago
    $750,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,041
      SQFT
    • $186
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1898
    County:

    School Information

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

    Description

    Legal, over-under duplex in the Primary Short-Term Rental Zone! Prime investment location just 1 block from CSU, restaurants, coffee shops & Old Town FOCO.Now that the tenant has moved out of basement unit; it is being updated with new vinyl plank flooring, paint, new kitchen cabinets & new tile in bathroom. The downstairs is 1 bed/ 1 bath, full kitchen, laundry & 2 separate entrances. The mainfloor/upstairs unit has 7 bedrooms & 3 baths. Rent out this part of the duplex to 3 individuals and they each get their own office space! Rents - ESTIMATED based on market value. Only 2 tenants remain in the property on a month to month. Seller will be doing a 1031 exchange.

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    © 2020 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 Partners, LLC.. Data last updated: 2020-09-27T22:37:47.95.
    www.downtownre.com/homes/108667077
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    205 E Plum St Fort Collins, CO 80524

    • Price: $750,000
    • Status: Active Under Contract
    • Updated: 68 min ago
    • MLS #: 920566
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,041
    SQFT
    $186
    $/SQFT
    1898
    Built
    Neighborhood:
    Old Town
    County:
    Larimer
    Area:
    09 Fort Collins area
    Elementary School:
    Laurel
    Middle School:
    Lesher
    High School:
    Ft Collins
    School District:
    Poudre
    Property Description
    Legal, over-under duplex in the Primary Short-Term Rental Zone! Prime investment location just 1 block from CSU, restaurants, coffee shops & Old Town FOCO.Now that the tenant has moved out of basement unit; it is being updated with new vinyl plank flooring, paint, new kitchen cabinets & new tile in bathroom. The downstairs is 1 bed/ 1 bath, full kitchen, laundry & 2 separate entrances. The mainfloor/upstairs unit has 7 bedrooms & 3 baths. Rent out this part of the duplex to 3 individuals and they each get their own office space! Rents - ESTIMATED based on market value. Only 2 tenants remain in the property on a month to month. Seller will be doing a 1031 exchange.
    Exterior Features

    Construction Wood/FrameStucco Fences Partially Fenced Location Description Wooded LotEvergreen TreesLevel Lot Lot Improvements Street PavedCurbsGuttersSidewalksStreet LightAlley Outdoor Features Lawn Sprinkler SystemPatio Property Styles 2 Story Property Views City View Road Access City StreetAlley Type Victorian Waterfront No

    Interior Features

    Basement Foundation Full Basement50%+Finished Basement Cooling Central Air ConditioningWhole House Fan Design Features Eat-In KitchenSeparate Dining RoomWasher/Dryer HookupsKitchen Island Disabled Accessibility Features Level LotNear BusMain Floor BathMain Level Bedroom Heating Forced Air Inclusions Electric Range/OvenDishwasher Unit1 Bedrooms 7 Unit2 Bedrooms 1

    Property Features

    Capitalization Rate 4.79 Energy Features Southern ExposureDouble Pane WindowsHigh Efficiency Furnace Energy Star Certified No Gross Operating Income 42600.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status Backup Locale Fort Collins Nahb Certified No Net Operating Income 35937.0000 New Construction Status Not NewPreviously Owned New Financing CashConventional Ownership Private Owner Possible Usage Single FamilyMulti FamilyAdditional Units Tax Year 2019 Taxes 5026 Tenant Pays DepositGasElectric Total Operating Expense 6663.0000 Utilities Natural GasElectricCable Tv AvailableHigh Speed Avail Zoning Ncb

    Listing information © 2020 Information and Real Estate Services
    Listing provided courtesy of Mary Ann Michels of Group Mulberry.



    © 2020 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 Partners, LLC.. Data last updated: 2020-09-27T22:37:47.95.
     
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    Downtown Real Estate Partners, LLC.
    528 S. Howes St.
    Fort Collins CO, 80521