A unique turn key investment opportunity seconds away from the University of Northern Colorado and easy access to business highway 85! This high performing tri-level duplex is ready with 7 total bedrooms , 3 bathrooms and 2 full kitchens, complete with several private parking spaces. and an oversized 2 car detached garage. The property was fully renovated in 2015, given a new roof and furnace in 2018, and updated within the last year with brand new granite countertops and filled fixtures. Central A/C, keyless door locks, and fully automated landscape sprinklers make this low-maintenance college rental a great addition to any investment portfolio. Tenant occupied. **NEW LEASE JUST SIGNED** Leased through 2023. With a 7% cap rate, this is a rare opportunity too good to pass up! Owner open to creative financing!
Listing courtesy of VIP REAL ESTATE CO
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MLS# 3178838 —
The Building
Year Built:
1903
Construction Materials:
Frame
Structure Type:
Duplex
Entry Location:
Exterior Access
Entry Level:
2
Exterior Features:
Garden, Rain Gutters
Patio And Porch Features:
Covered, Front Porch, Patio
Security Features:
Carbon Monoxide Detector(s), Smoke Detector(s)
Roof:
Composition
Basement:
true
Levels:
Tri-Level
Building Area Total:
2035
Building Area Source:
Public Records
Above Grade Finished Area:
1275
Below Grade Finished Area:
760
Interior
Interior Features:
Granite Counters, High Ceilings, Pantry, Smoke Free
Flooring:
Carpet, Tile
Laundry Features:
Common Area
Room Dimensions
Living Area:
2035
Location
Latitude:
40.41625524
Longitude:
-104.69600512
The Property
Property Type:
Residential
Property Subtype:
Multi-Family
Parcel Number:
R3256186
Property Condition:
Updated/Remodeled
Lot Number:
4
Lot Size Area:
9680
Lot Size Acres:
0.22
Lot Size SqFt:
9680
Lot Size Units:
Square Feet
Exclusions:
Tenant personal property
Fencing:
Partial
Road Responsibility:
Public Maintained Road
Road Frontage Type:
Public
Road Surface Type:
Gravel
Listing Agent
Contact info:
Agent phone:
(970) 939-6520
Office phone:
(303) 495-5565
Taxes
Tax Year:
2021
Tax Annual Amount:
1924
Tax Legal Description:
GR 5658 ALL L4 & S5' L5 & PT L8 LYING S OF N195' BLK155 CRANFORD
Beds
Bedrooms Total:
7
Main Level Bedrooms:
1
Upper Level Bedrooms:
4
Lower Level Bedrooms:
2
Baths
Total Baths:
3
Full Baths:
3
Main Level Baths:
2
Lower Level Baths:
1
The Listing
Buyer's Brokerage Compensation:
2.8
Heating & Cooling
Heating:
Forced Air, Natural Gas
Cooling:
Central Air
Utilities
Utilities:
Electricity Available, Natural Gas Available
Sewer:
Public Sewer
Water Source:
Public
Appliances
Appliances:
Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Trash Compactor, Washer
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Multifamily
Sold
on 7/18/2022
$600,000
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Listing provided by broker:
Demetriece Langston
VIP REAL ESTATE CO
Listing Agents and Buyer’s Agents represent the two sides of a real estate transaction. As a Seller of a home, your Listing Agent represents your interests and will advise, consult and follow your instructions to sell your property at the best possible price and terms.
If you’re a Buyer, a Buyer’s Agent advises you throughout the transaction, helping you get the best deal and advocating for you. The Buyer’s Agent commission is also paid by the Seller, so the Buyer never sees a bill for their service.
Many first time Buyers believe they can work without a Buyer’s Agent and instead use the same agent as the Seller. When both Buyer and Seller use the same agent, known as “dual agency”, it can sometimes save on fees, but it also puts the agent in a conflict of interest, not fully representing either party.
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