Multi-Family: MLS #IR1047965 , $ 650,000
Multi-Family: MLS #IR1047965
$ 650,000
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Multi-Family: MLS #IR1047965

,
$ 650,000
Baths0.0 Sq 1,836

Monthly Estimate*

$ 4,055

Listed by Micky Ashby Realty
MLS #/Web ID: IR1047965 - Image 1
MLS #/Web ID: IR1047965 - Image 2
MLS #/Web ID: IR1047965 - Image 3
MLS #/Web ID: IR1047965 - Image 4
MLS #/Web ID: IR1047965 - Image 5
MLS #/Web ID: IR1047965 - Image 6
Studio Multi-Family Home for sale for $650,000. This 1,836 square foot home was built in 1921 on a lot size of 0.15.

Looking for a good investment property. This 2 unit bungalow is located just north Colorado State University off of Mulberry in Fort Collins Colorado. Units have had good rental history with tenants paying all utilities except water and trash. All showings are contingent on 24 hour notice with no showings after 5:00 PM.Property has been in the same ownership for past 13 years and property management company has coordinated all leasing and maintenance with ownership.

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Multi-Family Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,521

Style

Cottage

Lot Size

0.15

Year Built

1921

County/Region

LARIMER

MLS | Web ID

IR1047965

Features
Interior
Interior Amenities Open Floorplan
Basement (Y/N) Y
Main Level Bedrooms 0
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General
Sewer Public Sewer
Heating Forced Air
Utilities Cable Available Electricity Available Natural Gas Available
Possession Closing/DOD
Roof Composition
Appliances Oven Refrigerator
Zoning NCM
Architectural Style Cottage
Construction Materials Frame
Exclusions Any and all tenants personal belongings
Year Built 1921
Tenant Pays Gas
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Levels One
Property Subtype Duplex
Tax Year 2024
Ownership Individual
Gross Income 2890
County Larimer
Net Operating Income 21305.2
Operating Expense 8711
Property Type Residential Income
HOA N
Subdivision Name Westlawn
Possible Use Multi-Family
Status Active
High School Poudre
High School District Poudre R-1
Number Of Units Total 2
Lot Size Square Feet 6353
Listing Terms Cash Conventional
Elementary School Dunn
Tax Annual Amount 3521
Middle/Junior High School Lincoln
Concessions No
Standard Status Active
Occupancy Type Tenant
Elementary School District Poudre R-1
Cap Rate 3.28
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Exterior
Fencing Partial
Lot Features Flood Zone Level Sprinklers In Front
Water Source Public
Total Parking 1
Building Area Total 1836
Lot Size Acres 0.15
Road Surface Type Paved
Road Frontage Type Public
Builder Model Bungalow
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* Excluded Features
List By
Micky Ashby Realty

Broker

(970) 988-2059

Phone

Affordability Calculator

$4,349
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,055
Monthly Property Taxes
$293
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
3043864 Elementary School
3043362 Middle School
Poudre High School High School
Pricing History
DatePricePrice ChangeDescription
12/1/2025$650,000 Listed Price

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