1343 Cherry Street
Fort Collins, CO 80521
3432 sqft | 0.21 acres | #IR1031787
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 1349 Cherry St is also available and can be purchased separately or together-perfect for expanding your portfolio in a prime Fort Collins location.
Property Details
- InteriorEat-in Kitchen, Open Floorplan
- Utility FeaturesElectricity Available
- BasementCrawl Space, None
- SubdivisionTennyson Heights
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Lot DescriptionCorner Lot
- School DistrictPoudre R-1
- Original List Price$1,200,000
- MLS #IR1031787
- MLS #IR1031787
- Property SubtypeQuadplex
- Exterior MaterialsBalcony
- Middle SchoolLincoln
- CountyLarimer
- Cost1200000
- Utility SourcePublic
- Elementary SchoolPutnam
- High SchoolPoudre
- Taxes Annual$5,850
- Acres0.21
- Square Feet3432
- Year Built1994
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Emily Mack (#RECIRP32803)
Listing Office: Helix Properties, LLC (#RECIRIHELX)
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