Income Property
1817 Lincoln Ave, Fort Collins, Colorado 80524
6,000 Sqft
$750,000
Property Description
OPPORTUNITY ZONE commercial/industrial property. Here is a great property to eliminate capital gains tax while enjoying a high rental return in a high traffic area of Fort Collins. Currently 6 rentals, two 2 bedroom houses, large garage and 4 mobile homes. The property has gross return of $4,660 monthly. Zoned Commercial, can change to Industrial. New sewer lines underground. Properties are grand-fathered. Op Zone allows deferral of current capital gain tax, and completely eliminate future gains
Income
5.54
$55,081
$41,570
6
$13,511
Facts and Features
: Forced Air
Resident Realty
E
202
202
From I-25 exit Mulberry (Hwy 14), heading west. Turn right on Airpark Dr., property is on the left at intersection of Lincoln Ave.
Other
: No Basement
: Wood/frame
: No Units Furnished
: Street Paved
: Cash
Other
Other
OTHER
: Business, Commercial Or Industrial
2 Spaces/Unit
: 1 Story/ranch
: Natural Gas, Electric
Commercial
No
08.29.2019 10:51:00
2019
1575.44
Basic Details
Property Type : Income Property
Price : $750,000
Total Square Feet : 6,000 Sqft
Year Built : 1910
Subdivision : NA
Zipcode : 80524
Listing Status : Active
Lot Size : 44,726 Sqft
