Fort Collins, CO 80521 1018 Akin Ave
$649,000
7 more
Presented By: Fort Collins Real Estate, LLC; 9702228136
Beds • 2
Baths • 2
SQFT • 899
Home Details
What a charming and profitable fully legal side by side duplex in the heart Old Town! This money maker is mostly leased out fully furnished in 6-12 month Lease terms to those visiting the Choice City! The perfect location right in the Heart of it all, is so close to City Park, Downtown, & CSU. Keep for the income OR live in one side and cover most of your mortgage with/the other side rents! Extremely darling, inviting & charming property that's dialed in. Offers a 360 sqft detached garage w/separate fully fenced backyard ares for each unit. Featuring refinished hardwood floors, fresh paint/textured walls, updated kitchens, tankless water heaters, updated plumbing and electrical, newer flat work & so much more! These units are the perfect size for this type of investment model. Each unit is a 1BR/1BA, with a living room, dining nook, closet, & each has their own washer/dryer. Turn-key with existing Leases in place. Phenomenal investment opportunity, run don't walk!
Presented By: Fort Collins Real Estate, LLC; 9702228136
Interior Features for 1018 Akin Ave
Bedrooms
Total Bedrooms2
Bathrooms
Total Baths2
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementPartial
Fireplace Y/NNo
FlooringWood Floors
Heating Y/NYes
Interior AmenitiesEat-in Kitchen, Cathedral/Vaulted Ceilings
Laundry FeaturesWasher/Dryer Hookups
Window FeaturesWindow Coverings, Wood Frames
General for 1018 Akin Ave
AppliancesElectric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
Architectural StyleRanch
Attached Garage No
Cap Rate5.41
CityFort Collins
Construction MaterialsWood/Frame
CoolingCeiling Fan(s)
CountyLarimer
ElectricElectric, City of FTC
Elementary SchoolDunn
Garage Y/NNo
Gas Y/NNatural Gas, Xcel
Gross Income46443.6
HOANo
HeatingForced Air
High SchoolPoudre
High School DistrictPoudre
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet6098
Lot Size UnitsSquare Feet
MLS AreaFort Collins
Middle/Junior High SchoolLincoln
Net Operating Income35163.6
New ConstructionNo
Number Of Units Total2
Operating Expense11280
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
Stories Count1
Subdivision NameProspect Place
Tax Annual Amount2937
Tax Year2024
Tenant PaysDeposit
UtilitiesNatural Gas Available, Electricity Available
Year Built1900
ZoningMULTIFAM
Exterior for 1018 Akin Ave
Exterior AmenitiesLighting
FencingFenced, Wood
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet
Lot Size Acres0.14
Lot Size Area6098
Other ParkingParking Per Unit(2 Spaces/Unit)
Parking FeaturesAlley Access
Road Surface TypePaved
SpaNo
Water SourceCity Water, City of FTC
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Dunn Elementary School
High School
Poudre High School
Middle School
Lincoln Middle School
