CO > Fort Collins > Ftc
Fort Collins, CO 80524,625 Peterson ST
Fort Collins, CO 80524,625 Peterson ST
Fort Collins, CO 80524,625 Peterson ST
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$1,750,000
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0.28 Acres Lot
Active Under Contract

625 Peterson ST Fort Collins, CO 80524

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Rex Jarnagin

Rex Jarnagin

+1(720) 515-1738

UPDATED:

12/24/2024 08:31 PM

Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Ftc

MLS Listing ID IR1010746

HOA Y/N No

Originating Board recolorado

Year Built 2017

Annual Tax Amount $6,698

Tax Year 2023

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

Zoning NCM

Rooms

Basement None

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Exterior

Fence Partial

Utilities Available Natural Gas Available

Roof Type Composition

Total Parking Spaces 7

Building

Lot Description Sprinklers In Front

Sewer Public Sewer

Water Public

Level or Stories One, Two

Structure Type Wood Frame

Schools

Elementary Schools Laurel

Middle Schools Lesher

High Schools Poudre

School District Poudre R-1

Others

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

REColorado (REColorado MLS)
© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by C3 Real Estate Solutions, LLC • 9704307763

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agent

Rex Jarnagin

Broker | FA.FA.100004380

+1(720) 515-1738

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625 Peterson ST