926 James Court

Fort Collins, CO 80521

$769,000
Price
4
Beds
4
Baths
2,580 Sq. Ft.
$298 / Sq. Ft.
2,580
Sq. Ft.
$298
per Sq. Ft.

Description

PRIME investment property, right on the CSU campus! Turn-key 4-plex with zero vacancy for many years running. At a CAP rate of over 6.0 and approaching $60k in annual income, this is a rare find in this prime Fort Collins location. This will be the gem of your investment portfolio for years to come, as Fort Collins and CSU continue to be one of the most sought after locations in the country. Very easy to manage 1 bed/1 bath units. Low maintenance brick exterior. Two units are garden level, the other...PRIME investment property, right on the CSU campus! Turn-key 4-plex with zero vacancy for many years running. At a CAP rate of over 6.0 and approaching $60k in annual income, this is a rare find in this prime Fort Collins location. This will be the gem of your investment portfolio for years to come, as Fort Collins and CSU continue to be one of the most sought after locations in the country. Very easy to manage 1 bed/1 bath units. Low maintenance brick exterior. Two units are garden level, the other two are above ground. Also a perfect investment if you have a student going to CSU. Currently managed by property management company if you want turn-key convenience, but buyer is not required to continue using management company if you don't want to. Call today for more information, rent rolls, and expense reports.
  1. Listed by The Mullenberg Team • eXp Realty - Northern CO • 9708890371
  2. Listed by Chris Mullenberg • eXp Realty - Northern CO

Amenities

  • Common Outdoor Space

Location

Listing Courtesy of eXp Realty - Northern CO, The Mullenberg Team; eXp Realty - Northern CO, Chris Mullenberg
Add your commute
LISTING UPDATED: 05/29/2024 11:34 PM

Property Details for 926 James Court

StatusActive / Backup
MLS #1008992
Days on Compass20
Taxes$4,214 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.15 AC / 6,534 SF
CountyLarimer County

Location

Listing Courtesy of eXp Realty - Northern CO, The Mullenberg Team; eXp Realty - Northern CO, Chris Mullenberg
Add your commute

Building Information for 926 James Court

Stories2Residences10Year Built1964Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$4,548 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,197

Property Taxes

$351

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 926 James Court

Summary
Location and General Information
  • Road Access 2: City Street
  • Longitude and Latitude: -105.09424, 40.57079
  • Latitude: 40.57
  • Longitude: -105.09
  • Elementary School District: Poudre
  • Middle Or Junior School District: Poudre
Parking
  • Total Parking: 8.00
Taxes and HOA Information
  • Tax Information: No
  • Tax Year: 2023
  • Tax Annual Amount: $4,214
  • Parcel Number: R0071439
Property
Lot Information
  • Lot Size Area: 6,534.00
  • Lot Size Units: Square Feet
  • Has Irrigation Water Rights: No
  • Has Improvements: No
Property and Assessments
  • Total Finished Area Source: Assessor
  • Total Finished Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Location Description 2: No
  • Are Ditches Active: No
  • Security Features: Smoke Detector(s)
  • New Construction YN: No
  • Property Styles: 2
  • Levels: Bi-Level
  • Home Warranty YN: No
Utilities
  • Utilities 1: No
  • Electric: Electric, Separate Meter Electricity
  • Sewer: City Sewer
  • Heating YN: Yes
Interior and Exterior Features
Interior Features
  • ViewYN: No
  • Spa YN: No
  • Window Features: Window Coverings
Multi Family
Multi-Family Information
  • Unit 1's Number of Bedrooms: 1
  • Unit 1's Number of Baths: 1.00
  • Number of 1 bedroom units: 10
  • Number of units in Unit 1: 1
  • Unit 1's Estimated Square Feet: 645
  • Unit 2's Number of Bedrooms: 1
  • Unit 2's Number of Baths: 1.00
  • Number of units in Unit 2: 2
  • Unit 2's Estimated Square Feet: 645
  • Unit 3's Number of Bedrooms: 1
  • Unit 3's Number of Baths: 1.00
  • Unit 3's Estimated Square Feet: 645
  • Number of units in Unit 3: 3
  • Unit 4's Number of Bedrooms: 1
  • Unit 4's Number of Baths: 1.00
  • Unit 4's Estimated Square Feet: 645
  • Number of units in Unit 4: 4
Rental
Rental Information
  • Rent Unit 1: $1,295.00
  • Rent Unit 2: $1,225.00
  • Rent Unit 3: $1,145.00
  • Rent Unit 4: $1,245.00
  • Lease Sq Ft Unit: Square Feet
  • Total Actual Rent: $4,910.00
  • Horse YN: No

Property History for 926 James Court

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 926 James Court

Taxable ValueLand$13,400Additions$36,448Total$49,848
Tax Record2023$4,214 ($351 / month)
Home Facts
Total Finished SqFt1,290 SqFtAbove Grade Finished SqFt1,290 SqFtStories3Lot Size6,534 SqFtStyleMulti-Family Res (5+ Units)Year Built1964CountyLARIMERAPN97143-07-001

Schools near 926 James Court

This home is within Poudre R-1 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Bennett Elementary School
PublicPK to 5

Blevins Middle School
Public6 to 8

Rocky Mountain High School
Public9 to 12

Polaris Expeditionary Learning School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty - Northern CO, The Mullenberg Team; eXp Realty - Northern CO, Chris Mullenberg

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.