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1113 Cypress Dr Fort Collins, CO 80521
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Key Details
Sold Price $510,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Subdivision Elliott Miller
MLS Listing ID 923566
Sold Date 10/15/20
Style Ranch
Bedrooms 5
HOA Y/N false
Originating Board IRES MLS
Year Built 1968
Annual Tax Amount $2,870
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Have you been waiting for a multifamily opportunity? Well here is one close to CSU, a zero vacancy history, and numbers that make this a unique investment in west Fort Collins. This duplex features a newer roof, updates in both units, and a location that can't be beat. Gross rents of $2895 (plus chargebacks for utilities) deliver a cap rate of just above 6% based on real maintenance and upkeep costs. Remodeled bathroom in one unit, as well as some new flooring, this property has been well maintained and is ready for your investment portfolio!
Location
State CO
County Larimer
Area Fort Collins
Zoning RES
Rooms
Basement None, Crawl Space
Interior
Interior Features Satellite Avail
Heating Forced Air
Fireplaces Type None
Fireplace false
Window Features Window Coverings
Appliance Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
Exterior
Fence Fenced
Utilities Available Natural Gas Available, Electricity Available, Propane, Cable Available
Waterfront false
Roof Type Composition
Street Surface Paved,Concrete
Porch Patio
Building
Lot Description Curbs, Sidewalks, Level
Story 1
Sewer City Sewer
Water City Water, FC Utilities
Level or Stories One
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Bauder
Middle Schools Blevins
High Schools Rocky Mountain
School District Poudre
Others
Senior Community false
Tax ID R0171832
SqFt Source Other
Special Listing Condition Private Owner
Read Less
Bought with Group Mulberry