1349 Cherry ST new to site

Fort Collins,CO 80521

$ 1200000

- Bed

- Bath

3432 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,432 sqft

Price per Sqft $349

Subdivision Tennyson Heights

MLS Listing ID IR1039842

HOA Y/N No

Year Built 1994

Annual Tax Amount $5,850

Tax Year 2024

Lot Size 0.253 Acres

Acres 0.25

Property Sub-Type Quadruplex

Source recolorado

Property Description

Excellent investment opportunity just 5 minutes from Old Town and CSU! This fully leased, low-maintenance 4-plex offers strong annual income with no HOA and a consistent rental history. Each unit features 2 bedrooms, 1 bath, in-unit washer/dryer, private storage, individual hot water heaters, and either a fenced backyard or balcony. Parking is available directly in front of each unit. Recent updates include a new roof (2019), new water heaters (last 5 years), and new balconies/decks (2024). The adjacent 4-plex at 1343 Cherry St is also available and can be purchased separately or together-perfect for expanding your portfolio in a prime Fort Collins location.

Location

State CO

County Larimer

Zoning LMN

Rooms

Basement None

Interior

Interior Features Eat-in Kitchen,Open Floorplan

Heating Baseboard

Fireplace Y

Exterior

Exterior Feature Balcony

Fence Fenced,Partial

Utilities Available Electricity Available

Roof Type Composition

Total Parking Spaces 8

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type 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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