Sold
1619-1701 Palm Dr
Fort Collins CO, 80526
$2,725,000
$89.37 per sqft
Sold
2 Beds
1 Bath
30,492 sqft
Multi-family
Built in 1970
Amazing opportunity to purchase 3 - Fort Collins 4 plexes just west of CSU. In place 6 CAP and room to increase rents 10% + come August. 9 of the 12 units have been fully updated in 2022 including new kitchens, appliances, bathrooms, doors/trim, LVP floors, paint. All 12 units are 810 SF 2 BR/1 BA units and have brand new windows, concrete patios and walk ways. Several new furnaces, water heaters and AC's! New asphalt parking lot has 24 off street parking spots. Over $600k in renovations!!! Professionally managed. Each 4 plex is separately deeded and qualifies for 1-4 unit financing yet the properties are next door to one another. Leases run through 7/31/23. 3 tenants have been at the property for years and would like to stay.
977743
MLSⓇ ID
October 24, 2022
Listed
February 16, 2024
Updated
Map
1619-1701 Palm Dr
Fort Collins CO, 80526
Interior Features
Total Stories
1
Bedrooms
2
Total Bathrooms
1
Interior Features
High Speed Internet
Appliances
Electric Range/Oven, Dishwasher, Refrigerator
Laundry Description
Washer/Dryer Hookups
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.7 Acres
Lot Features
Curbs, Sidewalks, Fire Hydrant within 500 Feet
Architectual Style
Ranch
Roof
Composition
Sewer
City Sewer
School Information
School District
Poudre
High School
Rocky Mountain
Elementary School
Bauder
Other Property Details
Area Name
Fort Collins
Taxes
$15,120
Tax Frequency
Annually
Days on Market
100
Garage
No
View
No
County
Larimer
Water Source
City Water, City of Fort Collins
Pool
No
Zoning
NC
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
5/13/2023 | Sold | $2,725,000 |
Listed by David Lund with Noble Venture
Listing Contact: 9704203021
The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 2/16/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 2/16/2024 at 5:51 AM UTC