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Key Details
Sold Price $396,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $275
Subdivision Lakeside
MLS Listing ID IR1013219
Year Built 1961
Annual Tax Amount $2,469
Tax Year 2023
Lot Size 7,004 Sqft
Property Sub-Type Duplex
Property Description
Your Own ATM - Mailbox Money! As you already know, duplexes are hard to find, so don't miss this one. Since 2015, the seller of this property has effortlessly collected income while enjoying excellent tax deductions, without ever having seen the property. This nearly maintenance-free brick duplex boasts newer soffits and gutters and is located in downtown Berthoud. Great leases are already in place: Unit 841, occupied by a tenant for 3 years, is leased through 5/25, and Unit 843, occupied by a tenant for 20 years, is leased through 5/26.Each unit in this easily rentable duplex features 2 bedrooms, 1 bathroom, in-unit washers and dryers, and a private fenced outdoor space. Additionally, tenants have access to a concrete-floored, cinderblock-walled storage building for bikes, tools, and outdoor equipment. Plus, there are no HOA fees associated with this property. If you need to see it in person, a 24-hour showing notice is required.
Location
State CO
County Larimer
Zoning Res
Interior
Heating Forced Air
Exterior
Utilities Available Electricity Available, Natural Gas Available
Roof Type Composition
Building
Lot Description Level
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Berthoud
Middle Schools Turner
High Schools Berthoud
School District Thompson R2-J
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with C3 Real Estate Solutions, LLC
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