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403 E Thunderbird Dr

Fort Collins, CO 80525
  • $840,000
  • STATUS: Closed
  • ON SITE: 59 Days
  • MLS #: 961506
Sold - 05/20/2022
$840,000
SOLD - 05/20/2022
  • 2
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,464
    SQFT
  • $242
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1970
County:

School Information

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

Description

Back on the market, Buyer failed to deliver EM, no fault of Seller or property. Buyer wrote offer sight unseen, was scheduled to view units this weekend with inspection next week but failed to deliver EM prior. Fantastic 4-plex, great investment opportunity!! 2 bedroom 1 bath each unit. 2 units have private fenced patio area, 2 units have private fenced back yards. Kitchens & bathrooms updated in 2009, new roof in 2009. Both water heaters replaced in 2021. Common laundry room, could add coin operated machines to generate additional income. Seller is disclosing one tenant has frequent late payments. All units on month-to-month lease. Buyer to conduct own research on potential monthly rent amount, current rents are under market value. Listing agent is related to Seller. Seller is not providing a "cap rate" due to current low market rents. Landlord pays water/sewer, trash, gas, and pays electric in common areas, tenants pay electric in individual units.

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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 Find Colorado Real Estate - Northern Colorado Team. Data last updated: 2022-05-23T23:40:47.65.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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403 E Thunderbird Dr Fort Collins, CO 80525

  • Price: $785,000
  • Status: Closed
  • On Site: 59 Days
  • MLS #: 961506
2
Beds
0
Baths
0
½ Baths
0.29
Acres
3,464
SQFT
$242
$/SQFT
1970
Built
Neighborhood:
Thunderbird Plaza
County:
Larimer
Area:
09 Fort Collins area
Elementary School:
Odea
Middle School:
Boltz
High School:
Ft Collins
School District:
Poudre
Property Description
Back on the market, Buyer failed to deliver EM, no fault of Seller or property. Buyer wrote offer sight unseen, was scheduled to view units this weekend with inspection next week but failed to deliver EM prior. Fantastic 4-plex, great investment opportunity!! 2 bedroom 1 bath each unit. 2 units have private fenced patio area, 2 units have private fenced back yards. Kitchens & bathrooms updated in 2009, new roof in 2009. Both water heaters replaced in 2021. Common laundry room, could add coin operated machines to generate additional income. Seller is disclosing one tenant has frequent late payments. All units on month-to-month lease. Buyer to conduct own research on potential monthly rent amount, current rents are under market value. Listing agent is related to Seller. Seller is not providing a "cap rate" due to current low market rents. Landlord pays water/sewer, trash, gas, and pays electric in common areas, tenants pay electric in individual units.
Exterior Features

Architectural Style Ranch Construction Materials Wood/Frame Fencing Fenced Horse YN No Other Parking Parking Per Unit(1.5 Spaces/Unit) Property Attached YN Yes Road Surface Type Paved Roof Composition Spa YN No Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigerator Basement None Cooling Room Air Conditioner Cooling YN Yes Heating Hot Water Heating YN Yes Interior Features Satellite Avail Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Total Baths 1

Property Features

Association YN No Cap Rate 7.64 Ditches Active YN No Electric Electric Gas Natural Gas Gross Income 60000 Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Fort Collins Net Operating Income 60000 New Construction YN No Operating Expense 0 Property Condition Not NewPreviously Owned Property Sub Type Condominium Special Listing Conditions Private Owner Tax Year 2021 Tenant Pays DepositElectricity Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity Of Ft Collins Zoning Mmn

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Mari Wildt of C3 Real Estate Solutions, Llc: 970-225-5152.



© 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 Find Colorado Real Estate - Northern Colorado Team. Data last updated: 2022-05-23T23:40:47.65.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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Find Colorado Real Estate - Northern Colorado Team
201 Camino Real
Fort Collins CO, 80524