1100 Constitution AVE Save Request In-Person Tour Request Virtual Tour
Fort Collins,CO 80521
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Fairview
MLS Listing ID IR1026823
Year Built 1969
Annual Tax Amount $3,018
Tax Year 2023
Lot Size 10,454 Sqft
Property Sub-Type Duplex
Property Description
This meticulously maintained purpose-built brick duplex offers a fantastic investment opportunity in a prime location just a short walk from CSU and close to public transportation options. Both units have been recently updated, featuring modern upgrades including updated appliances package and beautiful new LVP flooring in 2023. Additionally, six new window air conditioning units were installed in 2024. The new 6' privacy fenced backyard built in 2022, provides ample space for outdoor enjoyment and privacy. Each unit benefits from two covered carports, with additional parking available in the driveway and on the street. With a low-maintenance brick exterior, this duplex offers peace of mind for years to come. For 2024, the property boasts a strong actual net operating income (NOI) of $45,296.07, with an established stream of incoming tenants through a sorority that has been renting for years. The duplex is pre-leased for 2025-2026 at $900 per room, making it an even more enticing option for investors looking for a reliable income stream. Don't miss the chance to own this updated and turn-key, highly sought-after duplex in a prime location near CSU!
Location
State CO
County Larimer
Zoning MMN
Interior
Heating Forced Air
Cooling Air Conditioning-Room
Laundry In Unit
Exterior
Fence Fenced
Utilities Available Cable Available,Electricity Available,Internet Access (Wired),Natural Gas Available
Roof Type Membrane
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Wood Frame
Schools
Elementary Schools Bennett
Middle Schools Blevins
High Schools Rocky Mountain
School District Poudre R-1
Others
Acceptable Financing Cash,Conventional,VA Loan
Listing Terms Cash,Conventional,VA Loan