1720 Azalea Court

Fort Collins, CO 80526

$2,395,000
Price
16
Beds
10
Baths
10,668 Sq. Ft.
$225 / Sq. Ft.
10,668
Sq. Ft.
$225
per Sq. Ft.

Description

Don't miss this RARE turnkey investment opportunity! This spacious multifamily building is composed of 8 extra-roomy units that rent themselves on size alone. This professionally managed property features lush landscaping, refurbished and updated units throughout and a new roof as of 2019. This property has an exceptional rental history! The 3-bedroom units feature in-unit washer/ dryer and a private garage, plus an ample first come first serve parking lot and street parking for the other units....Don't miss this RARE turnkey investment opportunity! This spacious multifamily building is composed of 8 extra-roomy units that rent themselves on size alone. This professionally managed property features lush landscaping, refurbished and updated units throughout and a new roof as of 2019. This property has an exceptional rental history! The 3-bedroom units feature in-unit washer/ dryer and a private garage, plus an ample first come first serve parking lot and street parking for the other units. There are 5 ground level units that feature private fenced-in backyards, while the three upstairs units enjoy private balconies! All units have access to a shared coin-op laundry facility in the basement with steady monthly revenue. This property is located close to Horsetooth Reservoir and its surrounding trails and just a few minutes' drive or bike from Old Town! Leased through June 2025!
  1. Listed by Emily Mack • LoKation Real Estate • 9092382299

Amenities

  • Air Conditioning
  • Basement
  • Common Laundry
  • Common Outdoor Space
  • Dryer
  • Forced Air
  • Garage
  • Laundry
LISTING UPDATED: 12/16/2024 10:22 AM

Property Details for 1720 Azalea Court

StatusActive
MLS #1017198
Days on Compass118
Taxes$8,900 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeIncome Property
Year Built1970
Lot Size0.49 AC / 21,344 SF
CountyLarimer County

Building Information for 1720 Azalea Court

Stories2Residences8Year Built1970Building Size-Lot Size0.49 AC / 21,344 SF

Property Information for 1720 Azalea Court

Summary
Location and General Information
  • Road Access 2: City Street
  • Longitude and Latitude: -105.131779, 40.564858
  • Latitude: 40.56
  • Longitude: -105.13
  • Elementary School District: Poudre
  • Middle Or Junior School District: Poudre
Parking
  • Parking Features: Alley Access
Taxes and HOA Information
  • Tax Information: No
  • Tax Year: 2023
  • HOA Transfer Fee: No
  • HOA 2 Transfer Fee: No
  • Has Association Fee: No
  • Has Association 2 Fee: No
  • Has Association Reserve: No
  • Has Association 2 Reserve: No
  • Tax Annual Amount: $8,900
  • Parcel Number: R0176028
Property
Lot Information
  • Lot Improvements: Curbs, Sidewalks, Lawn Sprinkler System, Cul-De-Sac
  • Lot Size Area: 21,344.00
  • Lot Size Units: Square Feet
  • Has Irrigation Water Rights: No
  • Has Improvements: No
  • Vegetation: Evergreen Trees, Deciduous Trees
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: Two
  • Home Warranty YN: No
Utilities
  • Cooling: Yes
  • Utilities 1: No
  • Electric: Electric
  • Gas: Natural Gas
  • Heating YN: Yes
Interior and Exterior Features
Exterior Features
  • Exterior Features: Lighting, Balcony
Interior Features
  • ViewYN: No
  • Interior Features: Eat-in Kitchen, Pantry
  • Laundry Features: Common Area
  • Spa YN: No
Multi Family
Multi-Family Information
  • Unit 1's Number of Bedrooms: 3
  • Unit 1's Number of Baths: 2.00
  • Number of 1 bedroom units: 2
  • Unit 1's Estimated Square Feet: 1480
  • Unit 2's Number of Bedrooms: 3
  • Unit 2's Number of Baths: 2.00
  • Number of 2 bedroom units: 4
  • Unit 2's Estimated Square Feet: 1480
  • Unit 3's Number of Bedrooms: 2
  • Unit 3's Number of Baths: 1.00
  • Number of 3 bedroom units: 2
  • Unit 3's Estimated Square Feet: 994
  • Unit 4's Number of Bedrooms: 1
  • Unit 4's Number of Baths: 1.00
  • Unit 4's Estimated Square Feet: 804
  • Unit 5's Number of Bedrooms: 2
  • Unit 5's Number of Baths: 1.00
  • Unit 5's Estimated Square Feet: 994
Rental
Rental Information
  • Rent Unit 1: $1,800.00
  • Rent Unit 2: $2,150.00
  • Rent Unit 3: $1,650.00
  • Rent Unit 4: $1,550.00
  • Rent Unit 5: $1,795.00
  • Lease Sq Ft Unit: Square Feet
  • Total Actual Rent: $8,945.00
  • Horse YN: No

Property History for 1720 Azalea 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 1720 Azalea Court

Taxable ValueLand$26,800Additions$74,370Total$101,170
Tax Record2023$8,900 ($742 / month)
Home Facts
Total Finished SqFt8,535 SqFtAbove Grade Finished SqFt8,535 SqFtStories2Lot Size21,780 SqFtStyleMulti-Family Res (5+ Units)Year Built1970CountyLARIMERAPN97212-10-024

Schools near 1720 Azalea 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
Bauder 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.

Similar Homes

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1720 Azalea Court is a multi-family home for sale in Fort Collins, CO 80526. This property was listed for sale on August 23, 2024 by LoKation Real Estate, it's currently listed at $2,395,000. It has been on the market for a total of 118 days and was last sold on May 7, 2019. This listing's school district is Poudre R-1 School District. Nearby schools include Bauder Elementary School, Blevins Middle School and Rocky Mountain High School. 1720 Azalea Court is a 16-bed, 10-bath, 10,668 sqft multi-family home built in 1970.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LoKation Real Estate, Emily Mack

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.