1349 Cherry Street

Fort Collins, CO 80521
Square Ft.
3,432
$1,100,000
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.Read MoreRead Less
Market LogoCourtesy of Helix Properties, LLC [email protected]
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Square Ft.
3,432
Lot Size
0.25 Acres
Year Built
1994
MLS Number
IR1064372
30 Days Snapshot Of 80521
$788k
+21%
(avg) sold price
31
+24%
homes sold
65
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: Public, Road Surface Type: Paved
Appliances & Equipment
Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
Basement
None, Bedrooms: 0
Building
Construction Materials: Frame, Levels: Two, Occupant Type: Tenant, Total Area: 3432, Unit Count: 2, Unit Types: "Array", "Array", Built in 1994, 4 total units
Disclosures
Exclusions: Seller and Tenant personal property
Expenses
Operating Expense: $16,995
Exterior Features
Features: Balcony, Patio And Porch Features: Patio
Fence
Fencing: Partial
Heating
Heating: Baseboard
Income
Gross Income: $3,500, Income Includes: Rent Only, Net Operating Income: $68,145, Projected Gross Operating Income: $85,140
Interior Features
Features: Eat-in Kitchen
Laundry
Features: In Unit
Lot
Acres: 0.25, Parcel Number: R1412701, Square Feet: 11009
Owner Pays
Ownership: Individual
Parking
Parking Total: 8
Property
Possible Use: Multi-Family, Property Sub Type: Quadruplex, Zoning: LMN
Roof
Roof: Composition
Security Features
Features: Smoke Detector(s)
Sewer
Sewer: Public Sewer
Taxes
Annual Amount: 6104, Legal Description: PT LOT 12, TENNYSON HTS, FTC DESC: BEG AT PT ON E LN SDLOT WH BEARS S 125.30 FT FROM NE COR SD LOT, TH W 94.50FT, N 95.30 FT, W 20 FT, S 174.80 FT, E 114.50 FT, N 79.50 FT TPOB (SPLIT FROM 97101 09 041), Tax Year: 2025
Tenant Pays
Tenant Pays: "Electricity", "Trash Collection"
Utilities
Utilities: Electricity Available, Water Source: Public
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Scott Castro
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.