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Bob Engel

[email protected] +1(303) 638-0780

$ 2,500,000

Est. payment -/mo

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722 Remington St Fort Collins, CO 80524

7 Beds

6 Baths

6,969 Sqft Lot

UPDATED:

08/14/2024 09:43 AM

Key Details

Property Type Single Family Home

Sub Type Attached Dwelling

Listing Status Active

Purchase Type For Sale

Subdivision City Of Fort Collins

MLS Listing ID 1002218

Style Victorian

Bedrooms 7

HOA Y/N false

Originating Board IRES MLS

Year Built 1905

Annual Tax Amount $8,814

Lot Size 6,969 Sqft

Acres 0.16

Property Description

A rare opportunity to own an 8-plex in a prime location! This charming Victorian apartment building features eight units that have been meticulously renovated. Every unit boasts updated kitchens with newer appliances, modernized bathrooms, and beautifully refinished or newer flooring throughout. The building itself has undergone significant improvements over the years, including a roof replacement, windows and the addition of two sets of washer and dryer units in the shared basement. Comprising the unit mix are seven spacious 1-bedroom/1-bathroom units and one larger 2-bedroom/1-bathroom unit. Plenty of off street parking for your residents as well. The location of this property is truly unbeatable, as it is conveniently situated only ONE BLOCK away from CSU, making it highly desirable for students, young professionals and faculty members alike. As a testament to its appeal, the property has consistently maintained ZERO vacancy, ensuring a stable and reliable income stream for potential investors. The rental income potential for this property is truly exceptional. With a prime location near the university and a high demand for housing in the area, prospective landlords can expect strong rental demand and the ability to secure attractive rental rates. Additionally, the recent renovations and updates throughout the building will attract quality tenants and enable higher rental premiums. This is an investor's dream come true!

Location

State CO

County Larimer

Area Fort Collins

Zoning COM/RES

Interior

Heating Radiator

Appliance Electric Range/Oven, Refrigerator

Exterior

Exterior Feature Lighting

Utilities Available Natural Gas Available, Electricity Available

Waterfront false

Roof Type Composition

Street Surface Paved,Asphalt

Building

Lot Description Curbs, Gutters, Sidewalks

Story 3

Sewer City Sewer

Water City Water, City of FTC

Level or Stories Three Or More

Structure Type Brick/Brick Veneer

New Construction false

Schools

Elementary Schools Laurel

Middle Schools Lesher

High Schools Ft Collins

School District Poudre

Others

Senior Community false

Tax ID R0055476

SqFt Source Assessor

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by Prestigio Real Estate • 9706902509

Bob Engel

Broker/Owner | KWREA100003949

+1(303) 638-0780

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Englewood, CO

Bob Engel

Bob Engel

722 Remington St Fort Collins, CO 80524

Key Details

Location

Interior

Exterior

Building

Schools

Others

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722 Remington St