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Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Capital Hill
MLS Listing ID IR1002575
Sold Date 03/29/24
HOA Y/N No
Originating Board recolorado
Year Built 1947
Annual Tax Amount $3,052
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Legal over-under duplex in Old Town on a large corner lot. Remodeled in 2011 and well maintained since, this wonderful investment property boasts 2 bedrooms and 1 bathroom in each unit (one lower-level bedroom is non-conforming), ductless A/C in upper unit, large 2-car detached garage (each unit having access to one side) and plenty of off-street parking. The upper unit is currently leased on a month-to-month basis for $1,250 per month. The lower unit is leased for $1,050 per month through June 30, 2024. There is room for significant rent increases.
Location
State CO
County Larimer
Zoning NCM
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Air Conditioning-Room
Fireplace N
Appliance Oven, Refrigerator
Exterior
Utilities Available Electricity Available, Natural Gas Available
Roof Type Composition
Total Parking Spaces 4
Building
Lot Description Corner Lot, Level
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Wood Frame
Schools
Elementary Schools Putnam
Middle Schools Lincoln
High Schools Poudre
School District Poudre R-1
Others
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Group Mulberry
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Lanny Adleman
Broker Associate | License ID: FA.100100183
Broker Associate License ID: FA.100100183