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615 Remington St Fort Collins, CO 80524
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Key Details
Sold Price $2,075,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Subdivision Ftc
MLS Listing ID 795900
Sold Date 11/01/16
Style Colonial
Bedrooms 26
HOA Y/N false
Originating Board IRES MLS
Year Built 1905
Annual Tax Amount $5,935
Lot Size 0.350 Acres
Acres 0.35
Property Description
Exceptional investment opportunity. Across the street from CSU, each building has 3 bedroom units in 4-plex, 2 studio cottages and a 3-bay brick garage (two bays leased, varied) Leased from 8/1/16-7/30/17. 10 units all together with a total of 26 beds and 15 baths. Current Gross Income = $193,000, Projected Expenses = $44,000, NOI = $150,000 with a 7% cap rate. All tenants on one year leases.
Location
State CO
County Larimer
Area Fort Collins
Zoning Res
Direction From College and Mulberry one block, East on Mulberry, south on Remington two blocks to property on the right.
Rooms
Other Rooms Storage, Carriage House
Basement Full
Interior
Interior Features High Speed Internet
Heating Forced Air
Cooling Central Air, Room Air Conditioner
Appliance Dishwasher, Refrigerator, Washer, Dryer, Some Appliances
Exterior
Exterior Feature Balcony
Garage Alley Access
Fence Wood
Utilities Available Natural Gas Available, Electricity Available, Cable Available
Waterfront false
View City
Roof Type Composition
Street Surface Paved,Asphalt
Porch Deck
Parking Type Alley Access
Building
Lot Description Curbs, Gutters, Sidewalks, Level, Within City Limits
Faces East
Story 3
Sewer City Sewer
Water City Water, City of FC
Level or Stories Three Or More
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Laurel
Middle Schools Lesher
High Schools Ft Collins
School District Poudre
Others
Senior Community false
Tax ID R0053341
Special Listing Condition Private Owner
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Bought with LC Real Estate Group, LLC
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