1817 E Lincoln Ave

    Fort Collins, CO 80524
    • $750,000
    • STATUS: Active
    • ON SITE: 278 days
    • MLS #: 892677
    UPDATED: 40 min ago
    $750,000
    • 0
      BEDS
    • 1.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,000
      SQFT
    • $125
      $/SQFT
    Neighborhood:
    Na
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Information

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

    Description

    OPPORTUNITY ZONE commercial/industrial property. Here is a great property to eliminate capital gains tax while enjoying a high rental return in a high traffic area of Fort Collins. Currently 6 rentals, two 2 bedroom houses, large garage and 4 mobile homes. The property has gross return of $4,660 monthly. Zoned Commercial, can change to Industrial. New sewer lines underground. Properties are grand-fathered. Op Zone allows deferral of current capital gain tax, and completely eliminate future gains

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    © 2020 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: 2020-06-03T21:37:48.197.
    www.thedanielsgrouprealestate.com/homes/98454151

    1817 E Lincoln Ave Fort Collins, CO 80524

    • Price: $750,000
    • Status: Active
    • Updated: 40 min ago
    • MLS #: 892677
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.03
    Acres
    6,000
    SQFT
    $125
    $/SQFT
    1910
    Built
    Neighborhood:
    Na
    County:
    Larimer
    Area:
    09 Fort Collins area
    Elementary School:
    Other
    Middle School:
    Other
    High School:
    Other
    School District:
    OTHER
    Property Description
    OPPORTUNITY ZONE commercial/industrial property. Here is a great property to eliminate capital gains tax while enjoying a high rental return in a high traffic area of Fort Collins. Currently 6 rentals, two 2 bedroom houses, large garage and 4 mobile homes. The property has gross return of $4,660 monthly. Zoned Commercial, can change to Industrial. New sewer lines underground. Properties are grand-fathered. Op Zone allows deferral of current capital gain tax, and completely eliminate future gains
    Exterior Features

    Construction Wood/Frame Lot Improvements Street Paved Parking Per Unit 2 Spaces/Unit Property Styles 1 Story/Ranch Road Access City Street Waterfront No

    Interior Features

    Basement Foundation No Basement Heating Forced Air Inclusions No Units Furnished Unit1 Bedrooms 2 Unit2 Bedrooms 2 Unit3 Bedrooms 2 Unit4 Bedrooms 2 Unit5 Bedrooms 2 Unit6 Bedrooms 3

    Property Features

    Capitalization Rate 5.54 Energy Star Certified No Gross Operating Income 55081.2000 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 41569.7600 New Construction Status Not NewPreviously Owned New Financing Cash Ownership Licensed Owner Possible Usage BusinessCommercial Or Industrial Tax Year 2019 Taxes 1575.44 Tenant Pays Deposit Total Operating Expense 13511.4400 Utilities Natural GasElectric Zoning Commercial

    Listing information © 2020 Information and Real Estate Services
    Listing provided courtesy of Matt Ackerman of Resident Realty.



    © 2020 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: 2020-06-03T21:37:48.197.
     
    J2 Real Estate Group at Remax Alliance
    4703 Boardwalk Dr.
    Fort Collins CO, 80525