1625-1627 Azalea Drive

Fort Collins, CO 80526

Incomes Property  $465,000  Sold

04-09-2019 02:01pm

Property Description

Fantastic investment opportunity to acquire a side-by-side brick DUPLEX with solid leases in place! Each unit has 2 bedrooms/1 bathroom with an attached 1 car garage and fully fenced private yards. NEWER roof (July 2018) and newer garage doors. Unit 1625 has updated vinyl wood look flooring. 5 minute drive or 15 minute bike ride to CSU. Includes a First American Home Warranty. Great rental rates...each unit is leased for $1,400/month, both through July 2019

Listing Details

MLS#
9926834
MLS Originator
REcolorado (Denver)
Off Market Date
03-05-2019 12:00am
Original Price
$475,000

Property Details

Property
Income
Property Subtype
Income
Status
Sold
Status Conditions
None Known
Last Update
04-09-2019 02:01pm
Bedrooms
4
Bathrooms
2
SqFt
1808
Year Built
1969
Der PSF Total
257.19

Map

Property Level and Sizes

SqFt Lot
8800.00
SqFt Finished
1808
SqFt Above
1808

Financial Details

Sold Price
$465,000
Previous Year Tax
$2,267
Terms and Conditions
Cash, Conventional, VA
Transaction Type
For Sale

Interior Details

Interior Features
Handicap Accessible, Window Coverings
Appliances
Dishwasher, Dryer, Range Hood, Refrigerator (Kitchen), Washer
Flooring
Laminate
Cooling
Other
Heating
Forced Air
Heating Fuel
Gas, Hot Water
Utilities
Cable TV, Internet Access (Wired)

Room Details

Laundry Availability
W/D Hookups in Unit

Exterior Details

Features
Fence, Patio
Base Size
None
Parking Spaces
2
Parking Features
Driveway-Asphalt
Vehicle Spaces
2
Type
# of Space
L x W
Description
Garage (Attached)
1
-
Garage (Attached)
1
-

Exterior Construction

Building Type
Duplex (all units)
Structure
Ranch/1 Story
Roof
Composition Shingles
Construction
Brick, Wood Siding
Architectural Style
Contemporary
Exterior Features
Fence, Patio
Construction Method
Frame

Schools

School District
Poudre R-1
Elementary School
Bauder
Middle School
Blevins
High School
Rocky Mountain

Condominium Projections

Annual Actual Expenses
6592
Annual Projected Expenses
6592
Annual Actual Income
27008
Annual Projected Income
27008
Annual Actual Net Income
20416
Annual Projected Net Income
20416
Unit Furnished
0

Land Details

PPA
2325000.00
Lot Width
0.00
Road Surface
Paved Road

Contact Agent

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