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Status: Active

809 E Drake Rd #112 
Fort Collins, CO 80525

$259,900

------/mo*
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Prime Investment Opportunity! Unlock the door to steady cash flow and long-term appreciation with this turnkey condo in the heart of Fort Collins' thriving rental market. Located in the desirable Scotch Pines Condominiums, this 2-bedroom, 1-bath unit spans 918 sq ft of updated, low-maintenance living. Tons of upgrades to brag about: All-new kitchen and bath (2019), Stainless appliances, Granite counters, Backsplash, Knotty-Alder Cabinets, Farmhouse sink, Luxury fixtures throughout, Under-cabinet lighting, Fully-updated bathroom, new tile in Kitchen & Bath. LPV flooring throughout the rest of the home. Baseboard heat (via systemic hot water) is included in HOA fee (along with most all utilities & services) and wall A/C unit is installed & 3 new ceiling fans in case a little extra cool is needed. Stackable Washer/Dryer included. The large pantry & walk-in closets in both bedrooms are a huge plus! Quiet back porch balcony overlooking sprawling green spaces which encompass the entire community throughout. Current tenants have a lease through June 2026. Unbeatable location for rental demand! Nearby, walkable amenities include Sprouts, coffee shops, restaurants, various other great businesses. Don't miss this great opportunity!
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Bedrooms
2
Baths
1
House Size
918 sqft
Year Built
1974
Lot Size
0.12 ac
School District
Poudre R-1

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Location

Market Insights

In the last 30 days, homes for sale in 80525, Fort Collins, CO were on the market for a median of 22 days and 10.87% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Disposal
Dryer
Microwave
Oven
Refrigerator
Washer
basement
None
cooling
Ceiling Fan(s)
features
Pantry
Walk-in Closet(s)
flooring
Laminate
Wood
heating
Baseboard
laundry features
In Unit
window features
Window Coverings

Exterior Information

features
Balcony
patio and porch
Patio
road surface
Paved
roof
Composition

Property Information

construction
Frame
foundation
Raised
hoa fees
$350.00
Monthly
hoa includes
Insurance
Maintenance Grounds
Maintenance Structure
Snow Removal
Trash
Water
lot
Wooded
security features
Smoke Detector(s)
sewer
Public Sewer
subdivision name
Scotch Pines Condo
utilities
Electricity Available
Electricity Connected
water source
Public
  • Listed By Jennifer Clinkscales
  • (970) 829-9901
  • Keller Williams Realty NoCo
  • (970) 449-7100
  • kellerwilliamsnoco@gmail.com
  • MLS IR1044617

Monthly Payments Calculator

Estimated Monthly Cost

$2,136

30 year fixed·6.9% interest rate
Principal & Interest
$1,369
Property Taxes
$217
Home Insurance
$200
HOA Fees
$350
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

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