1012 Driftwood Drive

Fort Collins, CO 80525
Square Ft.
4,500
$995,000
Fully Leased! Incredible 4-plex Investment opportunity with great up-side potential! In the heart of the highly desirable Fort Collins community. Amazing location, adjacent to Warren Park, Warren Lake, lots of close amenities. 4 units total, Two - 2 bed/2bath, One, 2bed/1bath, and a 1bed/1bath with unfished basement ready to addRead MoreRead Less
Market LogoCourtesy of Group Harmony [email protected]
Listing Snapshot
Days Online
148
Last Updated
Property Type
Quadruplex
Square Ft.
4,500
Lot Size
0.28 Acres
Year Built
1980
MLS Number
IR1034916
30 Days Snapshot Of 80525
$592k
+3%
(avg) sold price
60
-6%
homes sold
62
-24%
(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", Other Equipment: "Satellite Dish"
Basement
Basement, "Full", "Unfinished", Bedrooms: 0
Building
Architectural Style: "Contemporary", Construction Materials: "Other", "Frame", "Wood Siding", Direction Faces: South, Entry Location: Exterior Access, Levels: "Two", Occupant Type: Tenant, Total Area: 4500, Unit Count: 4, Unit Types: "Array", "Array", "Array", "Array", Built in 1980, 4 total units
Disclosures
Exclusions: Seller and Tenants non-attached personal property, Restrictions Covenants
Expenses
Operating Expense: $16,800
Exterior Features
Patio And Porch Features: "Deck", "Patio"
Heating
Heating: "Baseboard"
Home Owner's Association
Home Owners Association, Association Name: NorthStar Homeowners associati, Association Fee: $315, Association Fee Total Annual: $3,780, Association Fee Annual: 3780.00, Association Fee Frequency: Monthly, Association Fee Includes: "Reserves", "Maintenance Grounds", "Trash", Association Amenities: "Laundry"
Income
Gross Income: $6,720, Income Includes: "Laundry", "Rent Only", Net Operating Income: $61,300, Projected Gross Operating Income: $78,100
Interior Features
Features: "Eat-in Kitchen", "Open Floorplan", "Smart Thermostat", "Vaulted Ceiling(s)"
Laundry
Features: "In Unit"
Lot
Acres: 0.28, Features: "Corner Lot", "Cul-De-Sac", "Level", "Open Space", Parcel Number: R0751600, Square Feet: 12026
Owner Pays
Ownership: Individual
Parking
Parking Total: 10
Property
Possible Use: "Multi-Family", Property Sub Type: Quadruplex, Vegetation: "Grassed", "Wooded", Zoning: 4-Plex
Roof
Roof: "Composition", "Other"
Security Features
Features: "Smoke Detector(s)"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 5800, Legal Description: LOT 3, REPLAT OF FP OF NORTH SHORE PUD, FTC, - all improvements and a parcel of land containing approximately .28 acres, more or less, Tax Year: 2025
Tenant Pays
Tenant Pays: "Electricity", "Gas"
Utilities
Utilities: "Cable Available", "Electricity Available", "Internet Access (Wired)", "Natural Gas Available", Utility Metering: Separate Electric, Separate Gas, Water Source: "Public"
Windows
Window Features: "Double Pane Windows", "Window Coverings"
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Sarah Manshel
Team Leader / Realtor
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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.