1720 Azalea Ct

Fort Collins, CO 80526
$2,195,000
Don't miss this RARE turnkey investment opportunity! This spacious multifamily building is composed of 8 extra-roomy units that rent themselves on size alone. This professionally managed property features a sprinkler system, refurbished and updated units throughout and a new roof as of 2019. This property has an exceptional rental history!Read MoreRead Less
Courtesy of Emily Mack, Helix Properties, LLC, 3038170643.
Listing Snapshot
Days Online
19
Last Updated
Property Type
Income Property
Lot Size
0.49 Acres
Year Built
1970
MLS Number
1027276
30 Days Snapshot Of 80526
$485k
-1%
(avg) sold price
33
-10%
homes sold
60
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Appliances: "Electric Range/Oven", "Refrigerator", "Washer", "Dryer", "Disposal"
Basement
Basement: "Unfinished"
Building
Construction Materials: "Brick/Brick Veneer", Has Improvements: No, Total Sq Ft: 10668, Levels: "Two", Living Area Source: Assessor, Living Area Units: Square Feet, Stories: 2, Year Built: 1970
Cooling
Cooling: "Room Air Conditioner", "Ceiling Fan(s)", Cooling YN: t
Utilities
Electric: "Electric", Gas: "Natural Gas", Is Water Meter Installed: Yes, Utilities: "Natural Gas Available", "Electricity Available"
Fence
Fencing: "Fenced", "Wood"
Income
Gross Income: 172158.4, Income Includes: "Lease/Rents", "Laundry", Net Operating Income: 133607
Heating
Heating: "Forced Air", Heating YN: t
Unit One
Bedrooms Unit 1: 3, Est Sq Ft Unit 1: 1480, Number 1 Bedroom Units: 2, Total Baths Unit 1: 2
Unit Two
Bedrooms Unit 2: 2, Est Sq Ft Unit 2: 994, Number 2 Bedroom Units: 4, Total Baths Unit 2: 1
Unit Three
Bedrooms Unit 3: 1, Est Sq Ft Unit 3: 804, Number 3 Bedroom Units: 2, Total Baths Unit 3: 1
Home Owner's Association
Has Association 2 Fee: No, Has Association 2 Reserve: No, Has Association Fee: No, Has Association Reserve: No, HOA 2 Transfer Fee: No, HOA Transfer Fee: No
Taxes
Has Metro Tax District: No, Tax Annual Amount: 9353.88, Tax Year: 2024
Water Features
Has Water Rights: No, Water Source: "City Water", "City of Fort Collins"
Interior Features
Interior Features: "Eat-in Kitchen", "Pantry"
Laundry
Laundry Features: "Common Area"
Lot
Lot Features: "Curbs", "Gutters", "Sidewalks", "Lawn Sprinkler System", "Cul-De-Sac", Lot Size Acres: 0.49, Lot Size Area: 21344, Lot Size Square Feet: 21344, Lot Size Units: Square Feet
Expenses
Operating Expense: 38551.4
Parking
Other Parking: Parking Per Unit(1.5 Spaces/Unit), Parking Features: "Alley Access"
Property
Parcel Number: R0176028, Possible Use: "Multi-Family", Property Condition: "Not New, Previously Owned", Property Sub Type: Income Property, Property Type: Residential Income, Road Frontage Type: "City Street", Road Surface Type: "Paved", "Gravel"
Exterior Features
Patio And Porch Features: "Patio", "Deck"
Tenant Pays
Tenant Pays: "Deposit", "Gas", "Electricity", "Water", "Sewer", "Trash Collection"
Windows
Window Features: "Window Coverings"
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