Fort Collins, CO 80521 1343 Cherry St
$2,400,000
11 more
Presented By: Helix Properties, LLC; 9092382299
Beds • 16
Baths • 8
SQFT • 6,864
Home Details
Excellent investment opportunity just 5 minutes from Old Town and CSU! Two 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. Parking is available directly in front of each unit. Recent updates include a new roof (2019), new water heaters (last 5 years), and new balconies/decks (2024) on both buildings.
Presented By: Helix Properties, LLC; 9092382299
Interior Features for 1343 Cherry St
Bedrooms
Total Bedrooms16
Bathrooms
Total Baths8
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementNone, Crawl Space
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesEat-in Kitchen, Open Floorplan
Laundry FeaturesWasher/Dryer Hookups
Window FeaturesWindow Coverings
General for 1343 Cherry St
AppliancesElectric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
Attached Garage No
Cap Rate6.24
CityFort Collins
Construction MaterialsWood/Frame
CoolingCeiling Fan(s)
CountyLarimer
ElectricElectric, City of Fort Co
Elementary SchoolPutnam
ExclusionsSellers personal property
Garage Y/NNo
Gross Income167160
HOANo
HeatingBaseboard
High SchoolPoudre
High School DistrictPoudre
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet17860
Lot Size UnitsSquare Feet
MLS AreaFort Collins
Middle/Junior High SchoolLincoln
Net Operating Income149785
New ConstructionNo
Number Of Units Total8
Operating Expense17375
Patio/Porch FeaturesPatio
Possible UseMulti-Family
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameTennyson Heights
Tax Annual Amount11700
Tax Year2024
Tenant PaysDeposit, Electricity, Water, Sewer, Trash Collection
UtilitiesElectricity Available
Virtual TourClick here
Year Built1994
ZoningLMN
Exterior for 1343 Cherry St
Exterior AmenitiesBalcony
FencingFenced, Wood
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Corner Lot
Lot Size Acres0.41
Lot Size Area17860
Other ParkingParking Per Unit(2 Spaces/Unit)
Road Frontage TypeCity Street
Road Surface TypePaved, Asphalt
SpaNo
Water SourceCity Water, City of Fort Collins
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Putnam Elementary School
High School
Poudre High School
Middle School
Lincoln Middle School
