Fort Collins, CO 80525 1012 Driftwood Dr

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Presented By: Group Harmony; 9702173131
  • MLS# 1034916
  • 05/23/2025
  • Request Tour
  • Request Info
  • Beds • 7
  • Baths • 6
  • SQFT • 4,500

Home Details

Incredible 4-plex Investment opportunity with great up-side potential! In the heart of the highly desirable Fort Collins community. Amazing location, adjacent to Warren Park, Warren Lake, lots of close amenities. 4 units total, Two - 2 bed/2bath, One, 2bed/1bath, and a 1bed/1bath with unfished basement ready to add value and increase rents! Property is professionally managed with great history. Open, bright, inviting layouts, lots of natural light, desirable floor plans, loft setups about 4,500 total sqft. Convenient outside entrances on the main level to the beautiful Colorado setting. Established welcoming community, mature trees, trails, quiet, & peaceful. Lower maintenance income property, on .28 acre! Great street appeal, perfect yard off the nice walkout decks. Inviting patios expands into the yard, great for entertaining, playing or just relaxing. Spacious family room w/ open dining & kitchen area great for entertaining. Plenty of on-site parking. Come retreat to one of the primary suites, featuring nice layouts, vaulted ceilings, and more, lots of potential and opportunity. Basements with lots of potential/options, w/lots of storage & room to expand. Easy access to the foothills, plains, lots of parks, trails, reservoirs, Fort Collins, I-25, shopping, services, & all Northern Colorado. This amazing 4plex, great rental history, with beautiful curb appeal and character, doesn't come available often, this is a must see! Don't miss the opportunity to make this stunning income property yours.
Presented By: Group Harmony; 9702173131

Interior Features for 1012 Driftwood Dr

Bedrooms

Total Bedrooms7

Bathrooms

Total Baths6

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
BasementFull, Unfinished, Partially Finished
Fireplace Features2+ Fireplaces
Fireplace Y/NYes
Heating Y/NYes
Interior AmenitiesSatellite Avail, High Speed Internet, Eat-in Kitchen, Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan, Loft, Outside Entry, 9ft+ Ceilings, Beamed Ceilings, Sun Space
Laundry FeaturesWasher/Dryer Hookups, Common Area
Window FeaturesWindow Coverings, Double Pane Windows

General for 1012 Driftwood Dr

AccessibilityLevel Lot, Level Drive, Near Bus, Low Carpet
AppliancesElectric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Some Appliances, All Appliances, Disposal
Architectural StyleContemporary/Modern
Assoc Fee Paid PerMonthly
Association Fee IncludesCommon Amenities, Trash, Maintenance Grounds, Management
Attached Garage No
Cap Rate5.57
CityFort Collins
Construction MaterialsWood/Frame, Wood Siding, Painted/Stained, Other
CountyLarimer
ElectricElectric, Separate Meter Electricity, City of FTC
Elementary SchoolKruse
Energy EfficientSouthern Exposure, Thermostat
Entry LocationOutside Entry
ExclusionsSeller and Tenants non-attached personal property
Facing DirectionSouth
Garage Y/NNo
Gas Y/NNatural Gas, Separate Meter Gas, Xcel Energy
Gross Income78100
HOAYes
HOA Fee$315
HeatingBaseboard
High SchoolFt Collins
High School DistrictPoudre
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet12026
Lot Size UnitsSquare Feet
MLS AreaFort Collins
Middle/Junior High SchoolBoltz
Net Operating Income61300
New ConstructionNo
Number Of Units Total4
Operating Expense16800
Patio/Porch FeaturesPatio, Deck
Possible UseMulti-Family, Additional Units
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition, Other
Senior Community Y/NNo
SewerCity Sewer, Other Water/Sewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameNorth Shore
Tax Annual Amount5800
Tax Year2025
Tenant PaysDeposit, Gas, Electricity, Interior Maintenance
UtilitiesNatural Gas Available, Electricity Available, Other, Cable Available, Underground Utilities
Year Built1980
Zoning4-Plex

Exterior for 1012 Driftwood Dr

Exterior AmenitiesLighting
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Cul-De-Sac, Corner Lot, Level, Abuts Park, Abuts Public Open Space, Within City Limits
Lot Size Acres0.28
Lot Size Area12026
Other ParkingParking Per Unit(2 Spaces/Unit)
Road Frontage TypeCity Street
Road Surface TypePaved, Asphalt
SpaNo
Water SourceCity Water, Other Water/Sewer, City of FTC
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Ft Collins High School
Middle School Boltz Middle School
Elementary School Kruse Elementary School

Jon Holsten

Price $1,100,000
MLS#1034916
List Date 05/23/2025
Property Type Income
Phone 970.237.2752
Request Tour
Request Info
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