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608 Cowan St

Fort Collins, CO 80524
  • $1,200,000
  • STATUS: Active Under Contract
  • ON SITE: 30 Days
  • MLS #: 967652
Under Contract
UPDATED: 90 min ago
$1,200,000
  • 8
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,524
    SQFT
  • $341
    $/SQFT
Type:
Multi-Family
Built:
1960
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Legal triplex in old town.2 units are occupied w/ long term, almost 4 yrs, tenants. Leases until 7/31/22. 1 unit is available to show. Rents are below market. Local area rent comparables indicate potential for much higher rents. Units have separate meters for electric and gas. Owner pays water/sewer, Listing agent is seller and may do a 1031 exchange. Property is in good condition and being sold as-is. Roof in 2009, mostly newer vinyl windows. Newer water heaters, Lot is xeriscaped. 608 is 4 bed/2ba,hardwood floors, has own laundry. Tenant occupied till 7/31/22. 610 is 2bed/1ba,hardwood floors, shared laundry w/bsmt unit. Maple kitchen cabs, granite countertop, all new paint and resealed floors. 610 1/2 is 2bed/1ba basement, shared laundry w/main floor unit, Tenant occupied till 7/31/22. These are all large units and rent quickly.

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© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Plains. Data last updated: 2022-07-06T23:40:33.867.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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608 Cowan St Fort Collins, CO 80524

  • Price: $1,200,000
  • Status: Active Under Contract
  • On Site: 30 Days
  • Updated: 90 min ago
  • MLS #: 967652
8
Beds
0
Baths
0
½ Baths
0.13
Acres
3,524
SQFT
$341
$/SQFT
1960
Built
Neighborhood:
Eastside Park Neighborhood
County:
Larimer
Area:
09 Fort Collins area
Elementary School:
Laurel
Middle School:
Lesher
High School:
Ft Collins
School District:
Poudre
Property Description
Legal triplex in old town.2 units are occupied w/ long term, almost 4 yrs, tenants. Leases until 7/31/22. 1 unit is available to show. Rents are below market. Local area rent comparables indicate potential for much higher rents. Units have separate meters for electric and gas. Owner pays water/sewer, Listing agent is seller and may do a 1031 exchange. Property is in good condition and being sold as-is. Roof in 2009, mostly newer vinyl windows. Newer water heaters, Lot is xeriscaped. 608 is 4 bed/2ba,hardwood floors, has own laundry. Tenant occupied till 7/31/22. 610 is 2bed/1ba,hardwood floors, shared laundry w/bsmt unit. Maple kitchen cabs, granite countertop, all new paint and resealed floors. 610 1/2 is 2bed/1ba basement, shared laundry w/main floor unit, Tenant occupied till 7/31/22. These are all large units and rent quickly.
Exterior Features

Architectural Style Ranch Construction Materials Wood/FrameBrick/Brick Veneer Entry Location Outside Entry Horse YN No Lot Features CurbsGutters Other Parking Parking Per Unit(1.5 Spaces/Unit) Patio And Porch Features Patio Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No Structure Type Legal Conforming Waterfront YN No

Interior Features

Accessibility Features Level LotMain Floor BathMain Level Bedroom Appliances Gas Range/OvenDishwasherRefrigeratorWasherDryerDisposal Basement Full90%+ Finished Basement Flooring Wood Floors Heating Forced AirBaseboard Heating YN Yes Interior Features Eat-In KitchenOutside Entry Laundry Features Washer/Dryer Hookups Living Area Source Appraiser Unit1 Bedrooms 4 Unit1 Est Sq Ft 1762 Unit1 Total Baths 2 Unit2 Bedrooms 2 Unit2 Est Sq Ft 881 Unit2 Total Baths 1 Unit3 Bedrooms 2 Unit3 Est Sq Ft 881 Unit3 Total Baths 1 Window Features Window CoveringsDouble Pane Windows

Property Features

Association YN No Cap Rate 3.32 Ditches Active YN No Electric ElectricCity Exclusions Tenant Possessions Gas Natural GasXcel Gross Income 47700 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status Backup Listing Terms CashConventionalOwner May Carry Locale Fort Collins Net Operating Income 39940 New Construction YN No Operating Expense 7760 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Multi Family Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 3581 Tax Year 2021 Tenant Pays DepositGasElectricityTrash Collection Unit1 Rent 1650 Unit2 Rent 1225 Unit3 Rent 1100 Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity Zoning Ncm

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Pam Standen of : .



© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Plains. Data last updated: 2022-07-06T23:40:33.867.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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