Fort Collins, CO 80524,724 Smith ST
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Fort Collins, CO 80524,724 Smith ST
Fort Collins, CO 80524,724 Smith ST
Fort Collins, CO 80524,724 Smith ST
Fort Collins, CO 80524,724 Smith ST

$870,000

Est. payment /mo

$849,000

2.5%
Est.Price: ?

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724 Smith ST Fort Collins, CO 80524

9,583 Sqft Lot

SOLD DATE : 04/05/2023

Key Details

Sold Price $870,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Subdivision Ftc

MLS Listing ID IR983058

Sold Date 04/05/23

HOA Y/N No

Originating Board recolorado

Year Built 1921

Annual Tax Amount $3,372

Tax Year 2022

Lot Size 9,583 Sqft

Acres 0.22

Property Description

Rare find! Fully legal tri-plex just 3 blocks from CSU and Old Town. Owning real estate in this location will never do you wrong! Always rented, never vacant. Charming home with classic Old Town character. Main unit has 3 bed/1 bath plus a bonus room for office or 4th bed. Upper unit is 1 bed/1bath with fresh updates. Basement unit is 1 bed/1 bath. Off-street parking for all units in the back w/ alley access. Large double lot (.22 acre) gives plenty of room to build a carriage house, garage/shop, etc. Buyer to verify all info with the City. Zoning is NCM. City recognizes this as a fully legal and conforming tri-plex, while many multi-units in FtCo are non-conforming. You won't have any future headaches as the City increases their regulation on multi-units. Gross rents are (Unit 1 = $2,250), (Unit 2 = $1,375), (Unit 3 = $1,345) for total of $4,970/mo. At $59,640/yr gross you have a 5.7 CAP. All units are currently leased through July 31st, 2023. SHOWINGS ONLY Sat 3/11 (1-4pm) and Wed 3/15 (1-4pm). You must schedule via ShowingTime to view.

Location

State CO

County Larimer

Zoning NCM

Interior

Heating Baseboard

Cooling Ceiling Fan(s)

Fireplace N

Appliance Dishwasher, Oven, Refrigerator

Exterior

Utilities Available Electricity Available, Natural Gas Available

Roof Type Composition

Total Parking Spaces 5

Building

Lot Description Level

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Wood Frame

Schools

Elementary Schools Laurel

Middle Schools Lesher

High Schools Fort Collins

School District Poudre R-1

Others

Ownership Individual

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

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REColorado (REColorado MLS)
Listed by eXp Realty - Northern CO • 9708890371
Bought with Keller Williams Realty NoCo

Jim Cavoto

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