1200 Baker St
Fort Collins, CO 80524

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A great place to park your money! This all brick, low maintenance duplex is fully leased for both units through 5/31/23. Your tenants can enjoy the convenience of a great location that is close to Poudre Valley Hospital, the Poudre Trail system, and Old Town Fort Collins. They will also love the provided washer and dryer units and the sprinkler system in the fenced yard. Unit 1202 has an excellent rent rate at $1,525 that includes water and provides 792 square feet with 2 bedrooms, 1 fully updated bath & 1 car garage. Unit 1200 has a great opportunity to increase cash flow it is under leased at $750/mo. 764 square feet, 2 bedrooms, 1 bathroom and no garage. For both units, the tenant pays all utilities. Unit 1200 pays 25% of the water bill. Lots of updates have already been taken care of for you! New flooring in both units, a newer roof, newer water heaters, plus a new insulated garage door for the oversized garage. Please see the Seller's Property Disclosure for more details. Don't miss this little gem. Your portfolio will shine bright with this new asset. Seller is going through a 1031 exchange. May prefer a January 15th closing date.

  • $585,000
  • 2 Bedrooms
  • 1 Bathrooms
  • 764 Sq/ft
  • Lot 0.16 Acres
  • 1 Parking Spots
  • Built in 1964
  • MLS: 977963

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