625 Peterson ST Active Save Request In-Person Tour Request Virtual Tour
Fort Collins,CO 80524
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Subdivision Ftc
MLS Listing ID IR1010746
Year Built 2017
Annual Tax Amount $6,698
Tax Year 2023
Lot Size 0.280 Acres
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
Interior
Heating Forced Air
Cooling Central Air
Exterior
Fence Partial
Utilities Available Natural Gas Available
Roof Type Composition
Building
Lot Description Sprinklers In Front
Story One,Two
Sewer Public Sewer
Water Public
Structure Type Wood Frame
Schools
Elementary Schools Laurel
Middle Schools Lesher
High Schools Poudre
School District Poudre R-1
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional