449 E Drake Rd

Active

Listed by: Jeff Theisen, Harmony Brokers 9702829488

AMAZING MID TOWN OPPORTUNITY! This duplex consists of two units ( 2bed/1bath). Recent plumbing work completed with warranty for certain sections. Needs a little TLC, but has great bones! Whether you are a first time home buyer or a seasoned investor, this duplex has potential.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The offer is made only to Participants of the MLS where the listing is filed. Data last updated on Friday, September 25th, 2026 11:24:26 PM.
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Price:560,000
Address:449 E Drake Rd
City:Fort Collins
County:Larimer
State:Colorado
Zip Code:80525
Subdivision:Fahrenbruch Leisure Village
MLS:1069503
Year Built:1967
Acres:0.17
Lot Square Feet:0.17 acres
roof:Composition
sewer:Public Sewer
levels:One
locale:Fort Collins
capRate:6.45
cooling:Central Air
fencing:Fenced
heating:Forced Air
taxYear:2025
basement:Partial, Crawl Space
MlsStatus:Active
utilities:Natural Gas Available, Electricity Available
appliances:Electric Range, Refrigerator, Washer, Dryer, Microwave
areaSource:Assessor
floodPlain:Minimal Flood or C Rating
schoolHigh:Ft Collins
tenantPays:Deposit, Gas, Electricity, Water, Sewer
disclosures:None
grossIncome:42000
lotFeatures:Paved, Curbs, Gutters, Sidewalks, Street Light
lotSizeArea:7437
waterSource:Public
daysOnMarket:1
listingTerms:Cash, Conventional, FHA, VA
mlsAreaMajor:Fort Collins
otherParking:2 Spaces/Unit
schoolMiddle:Boltz
waterfrontYN:no
associationYN:no
structureType:Duplex
schoolDistrict:Poudre
windowFeatures:Window Coverings
roadSurfaceType:Concrete
taxAnnualAmount:3522
totalSquareFeet:1616
associationFeeYN:no
hasWaterRightsYN:no
operatingExpense:5897
roadFrontageType:City Street
schoolElementary:Odea
associationFee2YN:no
hasImprovementsYN:no
newConstructionYN:no
associationReserve:No
netOperatingIncome:36103
numberOfUnitsTotal:2
associationReserve2:No
allowedUseCaseGroups:IDX
currentOrPossibleUse:Single Family
isInMetroTaxDistrict:No
constructionMaterials:Brick
newConstructionStatus:Not New, Previously Owned
numberOf2BedroomUnits:2
patioAndPorchFeatures:Patio
associationTransferFee:No
interiorOrRoomFeatures:Eat-in Kitchen
associationTransferFee2:No
irrigationWaterRightsYN:no
isWaterMeterInstalledYN:yes
specialListingConditions:Private Owner
minimumEarnestMoneyAmount:6500.00
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