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Sold for $396,500
  • $396,500

    841-843 Franklin Ave, Berthoud, CO 80513

    4beds
    2baths
    1,440sqft
    Duplex
    Built in 1961
    -- sqft lot
    $412,500 Zestimate®
    $275/sqft
    $1,886 Estimated rent

    Home value

    $412,500

    $388,000 - $437,000

    $1,886/mo

    Zestimate® history
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    $1,886/mo

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    $1,886/mo

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    $2,353/mo

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    $2,353/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tara Tooley 970-690-7252,

    Tara Tooley

    Bought with:

    Brian Trainor, 100002799

    C3 Real Estate Solutions, LLC

    Source: IRES as distributed by MLS GRID,MLS#: 1013219MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Included: Electric Range, Refrigerator, Washer, Dryer
    Features
    • Eat-in Kitchen
    • Basement: None
    Interior area
    • Total structure area: 1,440
    • Total interior livable area: 1,440 sqft

    Property

    Parking
    • Total spaces: 4
    • Details: 1.5 Spaces/Unit
    Accessibility
    • Accessibility features: Level Lot
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 7,004 Square Feet
    • Features: Level, Paved
    Details
    • Additional structures: Storage
    • Parcel number: R0477869
    • Zoning: Res
    • Special conditions: Private Owner

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Brick
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Electric: Xcel
    • Gas: Xcel
    • Sewer: Public Sewer
    • Water: City
    • Utilities for property: Natural Gas Available, Electricity Available

    Community & HOA

    Community
    • Subdivision: Lakeside
    HOA
    • Has HOA: No
    Location
    • Region: Berthoud

    Financial & listing details

    • Price per square foot: $275/sqft
    • Annual tax amount: $2,469
    • Date on market: 6/28/2024
    • Listing terms: Cash,Conventional,1031 Exchange
    • Exclusions: Tenant's personal property. Washer/ Dryer in unit 841
    • Tenant pays: Deposit, Gas, Electricity
    • Income includes: Lease/Rents
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/31/2024Sold$396,500-0.9%$275/sqft
    Source: IRES as distributed by MLS GRID #1013219 Report a problem
    7/3/2024Pending sale$400,000$278/sqft
    Source: REcolorado as distributed by MLS GRID #IR1013219 Report a problem
    6/28/2024Listed for sale$400,000+66.3%$278/sqft
    Source: IRES as distributed by MLS GRID #1013219 Report a problem
    7/13/2015Sold$240,500$167/sqft
    Source: IRES as distributed by MLS GRID #759012 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 80513

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Berthoud
    • Middle: Turner
    • High: Berthoud

    Source: IRES as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $412,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $412,500