1018-1020 Akin Avenue Fort Collins, CO $ 659,000
1018-1020 Akin Avenue
$ 659,000
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1018-1020 Akin Avenue

Fort Collins, CO, 80521
$ 659,000
Baths0.0 Sq 899

Monthly Estimate*

$ 4,380

Listed by Fort Collins Real Estate, LLC
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Studio

Multi-Family Home for sale in Fort Collins, CO

for $659,000. This 899 square foot home was built in 1900 on a lot size of 0.14.

Legal side by side duplex in Old Town! 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! Turn-key w/ Leases in place. Detached 360sf garage. Phenomenal investment opportunity!

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Multi-Family Active

Price

$ 659,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,157

Style

Lot Size

0.14

Year Built

1900

Town/City

Fort Collins

County/Region

Larimer

MLS | Web ID

IR1007921

Features
General
Interior Features Eat-in Kitchen Vaulted Ceiling(s)
Sewer Public Sewer
Heating Forced Air
Cooling Ceiling Fan(s)
Utilities Electricity Available Natural Gas Available
Possession Closing/DOD
Roof Composition
Appliances Dishwasher Dryer Microwave Oven Refrigerator Washer
Zoning MULTIFAM
Patio/Porch Features Patio
Construction Materials Wood Frame
Year Built 1900
Levels One
Property SubType Triplex
Tax Year 2022
Percent Ownership Agent Owner
Gross Income 3990
County Larimer
Net Operating Income 37364.6
Operating Expense 9079
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Prospect Place
Possible Use Multi-Family
Status Active
High School Poudre
City Fort Collins
Buyer Agent Compensation 3.00
High School District Poudre R-1
Total Units 3
Lot Size Square Feet 6098
Street Name Akin
Listing Terms Cash Conventional Owner Will Carry
Elementary School Dunn
Tax Annual Amount 2157
Middle/Junior High School Lincoln
Standard Status Active
Occupancy Type Tenant
Elementary School District Poudre R-1
Cap Rate 5.67
Buyer Agent Compensation Type %
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Interior
Basement None
Flooring Wood
Basement (Y/N) N
Window Features Window Coverings
Street Suffix Avenue
Laundry Features In Unit
Main Level Bedrooms 0
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Exterior
Fencing Fenced
Water Source Public
Total Parking 2
Building Area Total 899
Lot Size Acres 0.14
Road Surface Type Alley Paved Paved
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Internal Only
Street Number 1 1018
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* Excluded Features
List By
Fort Collins Real Estate, Llc

Broker

(970) 691-5222

Phone

Affordability Calculator

$4,560
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,380
Monthly Property Taxes
$180
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3043864 Elementary School
3043362 Middle School
Poudre High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2024$659,000 Listed Price

Map


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1018-1020 Akin Avenue, Fort Collins, CO, 80521 is a Multi-Family Home for sale at $659,000 with 899 sqft and a lot size of 0.14. 1018-1020 Akin Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 80521 which is in Fort Collins, CO