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1032 Sycamore St

Fort Collins, CO 80521
  • $525,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 1002575
Price Reduced
UPDATED: 27 min ago
$525,000
  • 4
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,386
    SQFT
  • $379
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Legal over-under duplex in Old Town on a large corner lot. Remodeled in 2011 and well maintained since, this wonderful investment property boasts 2 bedrooms and 1 bathroom in each unit (one lower-level bedroom is non-conforming), ductless A/C in upper unit, large 2-car detached garage (each unit having access to one side) and plenty of off-street parking. The upper unit is currently leased on a month-to-month basis for $1,250 per month. The lower unit is leased for $1,050 per month through June 30, 2024. There is room for significant rent increases.

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© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Daniels Group Real Estate. Data last updated: 2024-02-24T10:42:45.937.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.thedanielsgrouprealestate.com/homes/147218031
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1032 Sycamore St Fort Collins, CO 80521

  • Price: $525,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 27 min ago
  • MLS #: 1002575
4
Beds
2
Baths
0
½ Baths
0.12
Acres
1,386
SQFT
$379
$/SQFT
1947
Built
Neighborhood:
Capital Hill
County:
Larimer
Area:
09 Fort Collins area
Elementary School:
Putnam
Middle School:
Lincoln
High School:
Poudre
School District:
Poudre
Property Description
Legal over-under duplex in Old Town on a large corner lot. Remodeled in 2011 and well maintained since, this wonderful investment property boasts 2 bedrooms and 1 bathroom in each unit (one lower-level bedroom is non-conforming), ductless A/C in upper unit, large 2-car detached garage (each unit having access to one side) and plenty of off-street parking. The upper unit is currently leased on a month-to-month basis for $1,250 per month. The lower unit is leased for $1,050 per month through June 30, 2024. There is room for significant rent increases.
Exterior Features

Architectural Style Ranch Construction Materials Wood/FrameComposition Siding Direction Faces South Horse YN No Levels One Lot Features CurbsGuttersSidewalksCorner LotLevel Other Parking Parking Per Unit(2 Spaces/Unit) Patio And Porch Features Deck Road Surface Type PavedAsphalt Roof Composition Spa YN No Waterfront YN No

Interior Features

Appliances Electric Range/OvenGas Range/OvenRefrigerator Basement Full90%+ Finished Basement Cooling Room Air Conditioner Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 693 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 693 Unit2 Total Baths 1

Property Features

Association YN No Cap Rate 6.27 Ditches Active YN No Electric ElectricCity of FTC Exclusions Tenant's personal property Gas Natural GasXcel Gross Income 36000 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional Locale Fort Collins Net Operating Income 32948 New Construction YN No Operating Expense 3052 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 3052 Tax Year 2023 Tenant Pays DepositGasElectricity Unit1 Rent 1250 Unit2 Rent 1050 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of FTC Zoning NCM

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Matt Nesbitt of Group Mulberry: 9706907155.



© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Daniels Group Real Estate. Data last updated: 2024-02-24T10:42:45.937.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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Daniels Group Real Estate
4703 Boardwalk Dr.
Fort Collins CO, 80525