Movoto Real Estate
Sold on 07/31/2024

841 Franklin Ave, Berthoud, CO 80513

  • $396,500

    Last sold 07/31/2024 after 33 Days

  • bed

  • bath

Multi-family not for sale
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About 841 Franklin Ave

Property type Multi-family
Year built 1961
HOA fee $0/month
Lot size 6,970 Sqft
Rental estimate
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.
Listed by
Listing Agent - Tara Tooley
Listing Agent Contact: 9706907252
Listing Office - Tara Tooley
Source: IRESMLS mls logo
MLS#1013219 • last updated 6 months ago
Movoto checked IRESMLS for data 16 minutes ago
Overview
Heating Forced Air
Levels/Style One
MLS # 1013219
Type Residential Income
Status Sold
SubType Duplex
Lot Size (Acres) 0.16
Annual Tax 2469
Interior
Basement None
Accessibility Features Level Lot
Interior Features Eat-in Kitchen
Exterior
Roof Composition
Construction Brick
Structure Duplex
Lot Features Level, Paved
Other Structures Storage
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available
Sewer/ Septic Public Sewer
Electricity Xcel
Water Source City
Appliances Electric Range, Refrigerator, Washer, Dryer
Location
County Larimer
Subdivision Lakeside
Middle School Turner
High School District Thompson R2-J
APN R0477869
Multifamily Details
Tenant Pays Deposit, Gas, Electricity
Total # of Units 2
Cap Rate 5.14
Operating Expense 12507.63
Income Includes Lease/Rents
Gross Income 33072
Lot/ Land Details
Possible Use Multi-Family
Road Frontage City Street
We are not permitted to show value estimates for this property.
  • Jul 2024
    mls logo MLS # 1013219
  • Jul 31, 2024 Sold
    $396,500 (-0.9%)
  • Jun 28, 2024 Listed
    $400,000 (+66.3%)
  • Jul 2015
    mls logo MLS # 759012
  • Jul 13, 2015 Sold
    $240,500 (-3.8%)
  • Mar 31, 2015 Listed
    $250,000
  • 841 Franklin Ave
    $396K
  • 80513
    $639K -11% y/y
  • Berthoud
    $639K -11% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • 841 Franklin Ave
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