622 S Grant Avenue Fort Collins, CO $ 650,000
622 S Grant Avenue
$ 650,000
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622 S Grant Avenue

Fort Collins, CO, 80525
$ 650,000
Baths0.0 Sq 1,854

Monthly Estimate*

$ 4,320

Listed by Group Harmony
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Studio

Multi-Family Home for sale in Fort Collins, CO

for $650,000. This 1,854 square foot home was built in 1940 on a lot size of 0.2.

PRIME INVESTMENT OPPORTUNITY! Here is your opportunity to own two rental units, close to Old Town and right down the street from the CSU Dorms. This is a 1940's over-under duplex with 2 Bedrooms, 1 Bathroom on the upper level, and 2 Bedroom and 1 Bath on the lower level. This home features elegant cove ceilings and archways, bright rooms with natural light, high grade wood flooring and carpet throughout, built-in cabinetry, a separate entrance for lower level, walk-up attics, and garden level basements. Windows for the lower unit are all conforming. Bathrooms and carpet have been updated. In the back of the home, there is a spacious back deck and lawn space, a walk-in shed, and a detached garage with ample off street parking. This property is located seconds from CSU's Campus, and minutes from Laurel Street District and downtown providing great access to restaurants, public transportation, and Old Town Fort Collins.

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Multi-Family Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,230

Style

Lot Size

0.2

Year Built

1940

Town/City

Fort Collins

County/Region

Larimer

MLS | Web ID

IR1008982

Features
General
Sewer Public Sewer
Heating Baseboard
Utilities Cable Available Electricity Available Internet Access (Wired) Natural Gas Available
Possession Closing/DOD
Roof Composition
Zoning NCM
Patio/Porch Features Deck
Construction Materials Wood Frame
Exclusions Tenant's Personal Property
Year Built 1940
Tenant Pays Electricity Gas Water
Levels One
Property SubType Duplex
Percent Ownership Individual
Gross Income 2500
County Larimer
Net Operating Income 24371
Operating Expense 5629
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Westlawn
Facing Direction West
Possible Use Residential
Status Active
High School Poudre
City Fort Collins
Buyer Agent Compensation 3.00
Entry Location Exterior Access
High School District Poudre R-1
NumberOfUnitsTotal 2
Lot Size Square Feet 8893
Street Name Grant
Listing Terms Cash Conventional
Elementary School Dunn
Tax Annual Amount 3230
Middle/Junior High School Lincoln
Virtual Tour https://www.wellcomemat.com/mls/1el553c381811ll0m
Standard Status Active
Occupancy Type Tenant
Elementary School District Poudre R-1
Cap Rate 3.75
Buyer Agent Compensation Type %
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Interior
Basement Full
Flooring Wood
Fireplace Features Gas
Basement (Y/N) Y
Street Suffix Avenue
Laundry Features In Unit
Main Level Bedrooms 0
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Exterior
Lot Features Level
Water Source Public
Building Area Total 1854
Lot Size Acres 0.2
Road Surface Type Alley Paved Paved
Road Frontage Type Public
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Internal Only
Street Number 1 622
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* Excluded Features
List By
Group Harmony

Broker

(970) 481-5963

Phone

Affordability Calculator

$4,589
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,320
Monthly Property Taxes
$269
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3043864 Elementary School
3043362 Middle School
Poudre High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2024$650,000 Listed Price

Map


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622 S Grant Avenue, Fort Collins, CO, 80525 is a Multi-Family Home for sale at $650,000 with 1,854 sqft and a lot size of 0.2. 622 S Grant Avenue is a studio with 0.0 baths and was built in 1940. The property's zip code is 80525 which is in Fort Collins, CO