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1018 Akin Ave

Fort Collins, CO 80521
  • $699,500
  • STATUS: Active
  • ON SITE: 138 Days
  • MLS #: 959033
UPDATED: 47 min ago
$699,500
  • 2
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 899
    SQFT
  • $778
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Information

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

Description

Small but mighty a 6.6 CAP RATE! Legal side by side duplex in Old Town! The numbers actually work & make financial sense! This money maker is leased out fully furnished in 1-6 month Lease terms to Zoom workers, traveling nurses, & others visiting the Choice City for a while. The perfect location Right in the heart of it all, so close to City Park, CSU & Downtown FTC. OR live in one side and cover most of your mortgage w/ the other!? Extremely inviting & charming property that's totally dialed in w/ separate fully fenced back yards. Featuring refinished hardwood floors, fresh paint/textured walls, updated kitchens, tankless water heaters, newer flat work, updated plumbing/electrical fixtures & so much more! These units are the perfect size for this investment model. Each unit is 1BR/1BA, living room, dining nook, closet, & W/D in each unit too! Turn-key w/ Leases in place. Detached 360sf garage could be leased as well for more income. Dunn Elementary is right around the corner too!

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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 SW Team | RE/MAX Alliance. Data last updated: 2022-07-04T09:40:28.17.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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1018 Akin Ave Fort Collins, CO 80521

  • Price: $699,500
  • Status: Active
  • On Site: 138 Days
  • Updated: 47 min ago
  • MLS #: 959033
2
Beds
0
Baths
0
½ Baths
0.14
Acres
899
SQFT
$778
$/SQFT
1900
Built
Neighborhood:
Prospect Place
County:
Larimer
Area:
09 Fort Collins area
Elementary School:
Dunn
Middle School:
Lincoln
High School:
Poudre
School District:
Poudre
Property Description
Small but mighty a 6.6 CAP RATE! Legal side by side duplex in Old Town! The numbers actually work & make financial sense! This money maker is leased out fully furnished in 1-6 month Lease terms to Zoom workers, traveling nurses, & others visiting the Choice City for a while. The perfect location Right in the heart of it all, so close to City Park, CSU & Downtown FTC. OR live in one side and cover most of your mortgage w/ the other!? Extremely inviting & charming property that's totally dialed in w/ separate fully fenced back yards. Featuring refinished hardwood floors, fresh paint/textured walls, updated kitchens, tankless water heaters, newer flat work, updated plumbing/electrical fixtures & so much more! These units are the perfect size for this investment model. Each unit is 1BR/1BA, living room, dining nook, closet, & W/D in each unit too! Turn-key w/ Leases in place. Detached 360sf garage could be leased as well for more income. Dunn Elementary is right around the corner too!
Exterior Features

Architectural Style Farm HouseRanch Construction Materials Wood/FrameWood SidingPainted/Stained Direction Faces South Fencing FencedWood Horse YN No Lot Features CurbsGuttersSidewalksLevelWithin City Limits Other Parking Parking Per Unit(1 Space/Unit) Other Structures Outbuildings Patio And Porch Features Patio Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No Waterfront YN No

Interior Features

Accessibility Features Level LotNear BusMain Floor BathMain Level BedroomStall Shower Appliances Gas Range/OvenDishwasherRefrigeratorWasherDryerDisposal Basement PartialUnfinished Heating Forced Air Heating YN Yes Interior Features High Speed InternetEat-in KitchenOpen Floorplan Living Area Source Assessor Unit1 Bedrooms 1 Unit1 Total Baths 1 Unit2 Bedrooms 1 Unit2 Total Baths 1 Window Features Window CoveringsWood Frames

Property Features

Association YN No Cap Rate 6.6 Ditches Active YN No Electric ElectricCity Of Ftc Exclusions Furniture Negotiable Gas Natural GasXcel Energy Gross Income 55290 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventionalOwner May CarryLease Purchase Locale Fort Collins Net Operating Income 46140.31 New Construction YN No Operating Expense 9149.69 Possible Use Single FamilyMulti-Family Property Condition Not NewPreviously Owned Property Sub Type Multi Family Sewer City Sewer Special Listing Conditions Licensed Owner Tax Annual Amount 2227.69 Tax Year 2021 Tenant Pays Deposit Unit1 Rent 2750 Unit2 Rent 2250 Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity Of Ftc Zoning Ncl

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Michael Jensen of Fort Collins Real Estate, Llc: 970-224-1411.



© 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 SW Team | RE/MAX Alliance. Data last updated: 2022-07-04T09:40:28.17.

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