Fort Collins, CO 80526 1720 Azalea Ct
$2,195,000
13 more
Presented By: Helix Properties, LLC; 9092382299
Beds • 16
Baths • 10
SQFT • 10,668
Home Details
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! The 3-bedroom units feature in-unit washer/ dryer and a private garage, plus an ample first come first serve parking lot and street parking for the other units. There are 5 ground level units that feature private fenced-in backyards, while the three upstairs units enjoy private balconies! All units have access to a shared coin-op laundry facility in the basement with steady monthly revenue. This property is located close to Horsetooth Reservoir and its surrounding trails and just a few minutes' drive or bike from Old Town!
Presented By: Helix Properties, LLC; 9092382299
Interior Features for 1720 Azalea Ct
Bedrooms
Total Bedrooms16
Bathrooms
Total Baths10
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementUnfinished
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesEat-in Kitchen, Pantry
Laundry FeaturesCommon Area
Window FeaturesWindow Coverings
General for 1720 Azalea Ct
AppliancesElectric Range/Oven, Refrigerator, Washer, Dryer, Disposal
Attached Garage No
Cap Rate6.09
CityFort Collins
Construction MaterialsBrick/Brick Veneer
CoolingRoom Air Conditioner, Ceiling Fan(s)
CountyLarimer
ElectricElectric
Elementary SchoolBauder
ExclusionsSeller's personal property.
Garage Y/NNo
Gas Y/NNatural Gas
Gross Income172158.4
HOANo
HeatingForced Air
High SchoolRocky Mountain
High School DistrictPoudre
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet21344
Lot Size UnitsSquare Feet
MLS AreaFort Collins
Middle/Junior High SchoolBlevins
Net Operating Income133607
New ConstructionNo
Number Of Units Total8
Operating Expense38551.4
Patio/Porch FeaturesPatio, Deck
Possible UseMulti-Family
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofTar/Gravel
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameELLIOTT MILLER FOOTHILLS WEST
Tax Annual Amount9353.88
Tax Year2024
Tenant PaysDeposit, Gas, Electricity, Water, Sewer, Trash Collection
UtilitiesNatural Gas Available, Electricity Available
Waterfront Y/NNo
Year Built1970
ZoningM-M-N
Exterior for 1720 Azalea Ct
FencingFenced, Wood
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Lawn Sprinkler System, Cul-De-Sac
Lot Size Acres0.49
Lot Size Area21344
Other ParkingParking Per Unit(1.5 Spaces/Unit)
Parking FeaturesAlley Access
Road Frontage TypeCity Street
Road Surface TypePaved, Gravel
SpaNo
Water SourceCity Water, City of Fort Collins
Additional Details
Price History
Schools
Elementary School
Bauder Elementary School
Middle School
Blevins Middle School
High School
Rocky Mountain High School
