1817 E Lincoln Ave

    Fort Collins, CO 80524
    • $850,000
    • STATUS: Active
    • ON SITE: 55 days
    • MLS #: 892677
    UPDATED: 92 min ago
    $850,000
    • 0
      BEDS
    • 1.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Na
    Type:
    Commercial
    Built:
    1910
    County:

    School Ratings & Info

    Description

    OPPORTUNITY ZONE property, eliminate over $600K in capital gains while enjoying a 5 CAP. Op Zone properties allow tax payer to defer current capital gain tax owed, and completely eliminate future gains. Currently 6 units with net $3,500 per month, gross $4,660. Enjoy a healthy return while maneuvering plans through the city. Currently zoned Commercial and can be changed to Industrial. New sewer lines underground and one of 2 houses recently renovated. Trailers are not owned.

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    © 2019 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 J2 Real Estate Group at Remax Alliance. Data last updated: 2019-10-23T23:38:38.63.
    www.thedanielsgrouprealestate.com/homes/98454151

    1817 E Lincoln Ave Fort Collins, CO 80524

    • Price: $850,000
    • Status: Active
    • Updated: 92 min ago
    • MLS #: 892677
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.03
    Acres
    1910
    Built
    Neighborhood:
    Na
    County:
    Larimer
    Area:
    09 Fort Collins area
    Property Description
    OPPORTUNITY ZONE property, eliminate over $600K in capital gains while enjoying a 5 CAP. Op Zone properties allow tax payer to defer current capital gain tax owed, and completely eliminate future gains. Currently 6 units with net $3,500 per month, gross $4,660. Enjoy a healthy return while maneuvering plans through the city. Currently zoned Commercial and can be changed to Industrial. New sewer lines underground and one of 2 houses recently renovated. Trailers are not owned.
    Exterior Features

    Construction Wood/Frame Lot Improvements Street Paved Road Access City Street Waterfront No

    Interior Features

    Cooling No Cooling Heating Forced Air

    Property Features

    Capitalization Rate 5.08 Commercial Industrial Type Unincorporated Area Energy Star Certified No Gross Operating Income 56742.4000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Fort Collins Nahb Certified No Net Operating Income 43230.9600 New Construction Status Not NewPreviously Owned New Financing Cash Ownership Licensed Owner Possible Usage BusinessCommercial Or Industrial Tax Year 2018 Taxes 1575.44 Tenant Pays Deposit Total Operating Expense 13511.4400 Utilities Natural GasElectric Zoning Commercial

    Listing information © 2019 Information and Real Estate Services
    Listing provided courtesy of Matt Ackerman of Resident Realty.



    © 2019 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 J2 Real Estate Group at Remax Alliance. Data last updated: 2019-10-23T23:38:38.63.
     
    J2 Real Estate Group at Remax Alliance
    4703 Boardwalk Dr.
    Fort Collins CO, 80525