722 Remington Street

Fort Collins, CO 80524

Incomes Property  $1,500,000  Under Contract

06-12-2017 09:24am

This 8 unit Victorian apartment building is an investors dream! All units were renovated by current owner. Updated kitchens with new appliances, updated bathrooms and refinished or new floors. Building also has a new roof, new windows and 2 new washer and dryer sets in the shared basement. 7 1 bed/1 bath units and 1 2 bed/1 bath unit - only ONE BLOCK from CSU! ZERO vacancy with amazing income potential. Units 1 and 8 available for showings. Do not miss this absolutely golden opportunity!!!

MLS#
9716801
MLS Originator
REcolorado (Denver)
Off Market Date
06-11-2017 12:00am
Original Price
$1,500,000
Nearby Attraction
Near Public Transit

Property
Income
Property Subtype
Income
Status
Under Contract
Status Conditions
None Known
Last Update
06-12-2017 09:24am
Bedrooms
9
Bathrooms
8
SqFt
4657
Year Built
1905
Der PSF Total
322.10

SqFt Lot
7000.00
SqFt Finished
4038
SqFt Basement
619
SqFt Above
4038

Previous Year Tax
$3,779
Terms and Conditions
Cash, Conventional, Jumbo, Private Financing, VA
Owner Paid Utilities
Gas,Water,Trash
Transaction Type
For Sale

Interior Features
Remodeled, Updated
Appliances
Refrigerator (Kitchen), Stove/Range/Oven
Flooring
Laminate
Cooling
None
Heating
Baseboard
Heating Fuel
Electric, Gas
Utilities
Cable TV, Telephone

Baths Full
0
Laundry Availability
Shared Laundry in Building

General
Near Public Transit
Base Type
Standard
Base Size
Full
Basement Finished %
25
Parking Spaces
1
Vehicle Spaces
6
Type
# of Space
L x W
Description
Off-Street
6
-
Lot View
City View

Building Type
5+ Plex (all units)
Structure
Multi-Story
Roof
Composition Shingles
Construction
Brick
Architectural Style
Victorian
Construction Method
Brick
Builder Source
County Records

School District
Poudre R-1
Elementary School
Laurel
Middle School
Lesher
High School
Fort Collins

Annual Actual Expenses
19097
Annual Projected Expenses
20000
Annual Actual Income
94740
Annual Projected Income
100000
Annual Actual Net Income
75643
Annual Projected Net Income
80000
Unit Furnished
0

PPA
9375000.00
Lot Width
0.00

Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 722 Remington Street, Fort Collins, CO 80524
- Property Type: Incomes Property, 9 beds, 8 baths, 4657 SqFT
- Selling Price: $1,500,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$1,500,000 (1)
$1,500,000 (1)
$1,500,000 (1)
$1,500,000 (1)
Area 2 (1-2 miles)
$1,500,000 (1)
$1,500,000 (1)
$1,500,000 (1)
$1,500,000 (1)
Area 3 (2-3 miles)
$1,500,000 (1)
$1,500,000 (1)
$1,500,000 (1)
$1,500,000 (1)
Area 4 (3-5 miles)
$1,500,000 (1)
$1,500,000 (1)
$1,500,000 (1)
$1,500,000 (1)

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