1343 Cherry St

Fort Collins, CO 80521
$1,200,000
Excellent investment opportunity just 5 minutes from Old Town and CSU! This fully leased, low-maintenance 4-plex offers strong annual income with no HOA and a consistent rental history. Each unit features 2 bedrooms, 1 bath, in-unit washer/dryer, private storage, individual hot water heaters, and either a fenced backyard or balcony.Read MoreRead Less
Courtesy of Emily Mack, Helix Properties, LLC, 9092382299.
Listing Snapshot
Days Online
10
Last Updated
Property Type
Income Property
Lot Size
0.21 Acres
Year Built
1994
MLS Number
1039844
30 Days Snapshot Of 80521
$559k
-15%
(avg) sold price
23
-34%
homes sold
50
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: "City Street", Road Surface Type: "Paved", "Asphalt"
Appliances & Equipment
"All Appliances"
Basement
Basement: "None"
Building
3432 total sqft, Has Improvements: No, Construction Materials: "Wood/Frame", Levels: "Two", Stories: 2, Year Built: 1994
Expenses
Operating Expense: $13,288
Exterior Features
Exterior: "Balcony", Patio/Porch: "Patio", "Deck"
Fence
"Partial"
Fireplaces
"None"
Water Features
Has Water Rights: No, Water Source: "City Water", "City of Fort Collins"
Heating
"Baseboard"
Home Owner's Association
HOA Transfer Fee: No
Income
Gross Income: $84,840, Income Includes: "Lease/Rents", Net Operating Income: $71,552
Interior Features
"Eat-in Kitchen", "Open Floorplan"
Lot
0 acres, 8930 sqft, Area: 8930, Features: "Curbs", "Gutters", "Sidewalks"
Parking
Other Parking: Parking Per Unit(2 Spaces/Unit)
Property
Parcel Number: R0016276, Possible Use: "Multi-Family", Property Condition: "Not New, Previously Owned"
Roof
"Composition"
Sewer
"City Sewer"
Taxes
Tax Annual Amount: 5850, Tax Year: 2024
Tenant Pays
Tenant Pays: "Deposit", "Electricity", "Water", "Sewer", "Trash Collection"
Unit One
Rent: $1,750, Bedrooms: 2, Total Baths: 1, 850 estimated sqft
Unit Two
Number 2 Bedroom Units: 4
Utilities
Electric: "Electric", "City of Fort Co", Utilities: "Electricity Available"
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