$565,000
$585,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
1200-1202 Baker ST Fort Collins, CO 80524
1,552 SqFt
Key Details
Sold Price $565,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,552 sqft
Price per Sqft $364
Subdivision Highlander Heights
MLS Listing ID IR977963
Sold Date 01/03/23
HOA Y/N No
Year Built 1964
Annual Tax Amount $2,612
Tax Year 2021
Lot Size 6,969 Sqft
Acres 0.16
Property Description
A great place to park your money! This all brick, low maintenance duplex is fully leased for both units through 5/31/23. Your tenants can enjoy the convenience of a great location that is close to Poudre Valley Hospital, the Poudre Trail system, and Old Town Fort Collins. They will also love the provided washer and dryer units and the sprinkler system in the fenced yard. Unit 1202 has an excellent rent rate at $1,525 that includes water and provides 792 square feet with 2 bedrooms, 1 fully updated bath & 1 car garage. Unit 1200 has a great opportunity to increase cash flow it is under leased at $750/mo. 764 square feet, 2 bedrooms, 1 bathroom and no garage. For both units, the tenant pays all utilities. Unit 1200 pays 25% of the water bill. Lots of updates have already been taken care of for you! New flooring in both units, a newer roof, newer water heaters, plus a new insulated garage door for the oversized garage. Please see the Seller's Property Disclosure for more details. Don't miss this little gem. Your portfolio will shine bright with this new asset. Seller is going through a 1031 exchange. May prefer a January 15th closing date.
Location
State CO
County Larimer
Zoning RL
Direction From Riverside Ave and Prospect Rd, north on Riverside to Pitkin. Left (W) on Pitkin, then right (N) on Baker St. Home is on the right (east side of the street).
Rooms
Basement None
Interior
Heating ForcedAir
Cooling CeilingFans
Equipment SatelliteDish
Fireplace false
Appliance Dryer, Oven, Refrigerator, Washer
Laundry InUnit
Exterior
Utilities Available CableAvailable, ElectricityAvailable, NaturalGasAvailable
Roof Type Composition
Street Surface Paved
Porch Patio
Road Frontage PublicRoad
Total Parking Spaces 5
Building
Lot Description SprinklersInFront, Level
Faces West
Story 1
Sewer PublicSewer
Water Public
Architectural Style Cottage
Level or Stories One
Structure Type Brick,WoodFrame
New Construction No
Schools
Elementary Schools Riffenburgh
Middle Schools Lesher
High Schools Fort Collins
School District Poudre R-1
Others
Tax ID R0001732
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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