Active

625 Peterson St

Fort Collins CO, 80524

$1,750,000


Active

8 Beds

11 Baths

Multi-family

Built in 2017

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!

1010746

MLS ID

May 30, 2024

Listed

November 21, 2024

Updated

Map

625 Peterson St
Fort Collins CO, 80524

Interior Features

Total Stories

1


Bedrooms

8


Total Bathrooms

11


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.28 Acres


Lot Features

Curbs, Gutters, Sidewalks, Lawn Sprinkler System


Architectual Style

Ranch


Roof

Composition


Sewer

City Sewer

School Information

School District

Poudre


High School

Poudre


Elementary School

Laurel

Other Property Details

Area Name

Fort Collins


Taxes

$6,698


Tax Frequency

Annually


Days on Market

162


Garage

No


View

No


County

Larimer


Water Source

City Water, City of FTC


Pool

No


Zoning

NCM

Listing History

Date

Event

Price

8/1/2024

Price change

$1,750,000

-3%

6/26/2024

Price change

$1,795,000

-6%

Listed by Timothy Anderson with C3 Real Estate Solutions, LLC
Listing Contact: 9704307763 

The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 11/21/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase.  Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/21/2024 at 11:05 PM UTC

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