614 Lesser Drive

Fort Collins, CO 80524
Square Ft.
2,600
$880,000
**TENANT OCCUPIED MUST HAVE 24 HOURS NOTICE FOR ALL SHOWINGS** Don't miss this exceptional opportunity to own a newly constructed, income-producing property in one of Fort Collins' most desirable locations. Ideally situated within walking distance of Old Town Square, this unique investment features two separate 2-bedroom, 1-bathroom residences, offering theRead MoreRead Less
Market LogoCourtesy of Henderson Management & Real Estate [email protected]
Listing Snapshot
Days Online
6
Last Updated
Property Type
Duplex
Square Ft.
2,600
Lot Size
0.11 Acres
Year Built
1921
MLS Number
IR1068782
30 Days Snapshot Of 80524
$848k
+8%
(avg) sold price
27
-44%
homes sold
153
+106%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: Public, Road Surface Type: Paved
Appliances & Equipment
Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
Basement
None, Bedrooms: 0
Building
Construction Materials: Frame, Levels: One, Two, Occupant Type: Tenant, Total Area: 2600, Unit Count: 2, Unit Types: Array, Array, Built in 1921, 2 total units
Cooling
Cooling: Central Air
Expenses
Operating Expense: $3,197
Heating
Heating: Forced Air
Heating & Cooling
Description: Central Air
Income
Gross Income: $4,390, Net Operating Income: $49,483, Projected Gross Operating Income: $52,680
Interior Features
Features: Eat-in Kitchen
Laundry
Features: In Unit
Lot
Acres: 0.11, Parcel Number: R0050423, Square Feet: 4737
Owner Pays
Ownership: Individual
Property
Possible Use: Multi-Family, Property Sub Type: Duplex, Zoning: NCB
Roof
Roof: Composition
Taxes
Annual Amount: 3197, Legal Description: LOT 16, LESSER'S, FTC; LESS POR PER DED @ 20190064449, Tax Year: 2025
Tenant Pays
Tenant Pays: Electricity, Gas, Trash Collection, Water
Utilities
Utilities: Electricity Available, Water Source: Public
Windows
Window Features: Window Coverings
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.