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Bob Engel

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

$ 1,750,000

Est. payment -/mo

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625 Peterson St Fort Collins, CO 80524

8 Beds

11 Baths

0.28 Acres Lot

UPDATED:

10/31/2024 06:48 PM

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Subdivision Ftc

MLS Listing ID 1010746

Style Ranch

Bedrooms 8

HOA Y/N false

Originating Board IRES MLS

Year Built 2017

Annual Tax Amount $6,698

Lot Size 0.280 Acres

Acres 0.28

Property Description

Rare opportunity to own a completely rebuilt historic home in Old Town Fort Collins, that has been legally converted to a 4 unit, high end rental property. The original home was built in 1898, but the home was gutted and brought up to modern standards in 2017, along with units B C and D being added on at the same time. Dedicated concrete parking lot in rear, covered bicycle parking, concrete dumpster enclosure, ADA access for Unit B, and nicely landscaped to promote easy maintenance blended with attractive design. Unit A is the largest unit, occupying the original structure and boasting 3 large bedrooms each with their own ensuite bathroom, an extra half bath, huge living spaces and plenty of storage. Unit B is a single level with ramp access and boasts ADA features throughout. Units C and D are a mirror image of each other with 2 large bedrooms, each with their own ensuite bathrooms, plus an extra half bath on the main level. All four units feature granite counters, LED lighting, high end cabinets, spacious living and thoughtful layouts. Modern insulation, windows and appliances ensure maximum efficiency and low energy bills for your future tenants. Repainted in 2023, this property is absolutely immaculate and was built to the highest construction standards by Swift Builders. Rents are low for a property of this caliber, and could easily be improved upon lease cycle renewals by new owner. Prime Old Town location within easy walking or biking distance of many shops, restaurants and parks, including Target and Lucky's Market. 8 total bedrooms, 8 full bathrooms, 3 half bathrooms, ADA access, off street parking, blue chip location, all units include washer and dryer in unit, and the lowest maintenance future maintenance costs on an Old Town 4 plex you'll find!

Location

State CO

County Larimer

Area Fort Collins

Zoning NCM

Direction From I25, take Exit 269B West to Fort Collins, Left on Peterson St, 625 is on the right.

Rooms

Basement None

Interior

Heating Forced Air

Cooling Central Air

Window Features Double Pane Windows

Exterior

Fence Partial

Utilities Available Natural Gas Available

Waterfront false

Roof Type Composition

Street Surface Paved,Asphalt

Handicap Access Accessible Approach with Ramp

Porch Patio

Building

Lot Description Curbs, Gutters, Sidewalks, Lawn Sprinkler System

Story 1

Sewer City Sewer

Water City Water, City of FTC

Level or Stories One, Two

Structure Type Wood/Frame

New Construction false

Schools

Elementary Schools Laurel

Middle Schools Lesher

High Schools Poudre

School District Poudre

Others

Senior Community false

Tax ID R0053937

SqFt Source Assessor

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by C3 Real Estate Solutions, LLC • 9704307763

Bob Engel

Broker/Owner | KWREA100003949

+1(303) 638-0780

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Englewood, CO

Bob Engel

Bob Engel

625 Peterson St Fort Collins, CO 80524

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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625 Peterson St