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414 E Elizabeth St

Fort Collins, CO 80524
  • $580,000
  • STATUS: Active Under Contract
  • ON SITE: 36 Days
  • MLS #: 1028970
Under Contract
UPDATED: 84 min ago
$580,000
  • 5
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,947
    SQFT
  • $298
    $/SQFT
Neighborhood:
Ftc
Type:
Multi-Family
Built:
1923
County:

School Information

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

Description

Located just 4 blocks east of CSU campus, this over/under duplex has 10 years of rental history with zero vacancy. Great opportunity to own a legal duplex in the heart of Fort Collins, with opportunities to live in one unit and rent the other or have a full investment property. The 3 bedroom unit upstairs currently rents for $1700 and the 2 bedroom unit downstairs rents for $1300, both units pay flat rate utility reimbursement and are responsible for their own trash. Both units share laundry facilities, located downstairs, separate from either unit. Leases Expire 7/28/25. Contact broker for Due Diligence Documents and additional information. Property is professionally managed, do not disturb tenants, showings with licensed real estate professionals only.

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© 2025 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 Sears Real Estate. Data last updated: 2025-04-25T23:41:36.437.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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414 E Elizabeth St Fort Collins, CO 80524

  • Price: $580,000
  • Status: Active Under Contract
  • On Site: 36 Days
  • Updated: 84 min ago
  • MLS #: 1028970
5
Beds
2
Baths
0
½ Baths
0.12
Acres
1,947
SQFT
$298
$/SQFT
1923
Built
Neighborhood:
Ftc
County:
Larimer
Area:
09 Fort Collins area
Elementary School:
Laurel
Middle School:
Lesher
High School:
Ft Collins
School District:
Poudre
Property Description
Located just 4 blocks east of CSU campus, this over/under duplex has 10 years of rental history with zero vacancy. Great opportunity to own a legal duplex in the heart of Fort Collins, with opportunities to live in one unit and rent the other or have a full investment property. The 3 bedroom unit upstairs currently rents for $1700 and the 2 bedroom unit downstairs rents for $1300, both units pay flat rate utility reimbursement and are responsible for their own trash. Both units share laundry facilities, located downstairs, separate from either unit. Leases Expire 7/28/25. Contact broker for Due Diligence Documents and additional information. Property is professionally managed, do not disturb tenants, showings with licensed real estate professionals only.
Exterior Features

Architectural Style Ranch Construction Materials Stucco Entry Location Outside Entry Fencing Partial Horse YN No Levels One Property Attached YN Yes Road Frontage Type City Street Road Surface Type Asphalt Roof Composition Spa YN No Structure Type Legal ConformingDuplex Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigeratorWasherDryer Basement None Heating Forced AirBaseboard Heating YN Yes Interior Features Outside Entry Laundry Features Washer/Dryer Hookups Living Area Source Other Unit1 Bedrooms 3 Unit1 Est Sq Ft 1014 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 933 Unit2 Total Baths 1 Window Features Window Coverings

Property Features

Association YN No Cap Rate 5.36 Ditches Active YN No Electric ElectricCity of FTC Exclusions Tenants Personal Property Gas Natural GasXcel Energy Gross Income 34920 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status Backup Listing Terms CashConventional1031 Exchange Locale Fort Collins Net Operating Income 31113 New Construction YN No Number Of2 Bedroom Units 1 Number Of3 Bedroom Units 1 Operating Expense 3807 Possible Use Single FamilyMulti-Family Property Condition Not NewPreviously Owned Property Sub Type Attached Dwelling Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 3807 Tax Year 2024 Tenant Pays GasElectricityWaterSewerTrash Collection Unit1 Rent 1700 Unit2 Rent 1300 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of FTC Zoning NCM

Listing information © 2025 Information and Real Estate Services
Listing provided courtesy of Kevin Anstett of Group Harmony: 9704813066.



© 2025 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 Sears Real Estate. Data last updated: 2025-04-25T23:41:36.437.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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