625 Peterson St Fort Collins, CO 80524

4 Unit
1 Story/Ranch,2 Story
4,357 SqFt


$1,650,000
$379 /SqFt
Taking Backup Offers
IRES MLS# 1056459

Income Property built in 2017 with NCM Zoning in Subdivision: Ftc

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 future maintenance costs on an Old Town 4 plex you'll find!




Request Info

General Features

Style 1 Story/Ranch,2 Story
Baths None
Usage Multi Family
Acreage 0.28 Acres
Lot Size 12,000 SqFt
Zoning NCM
Total 4,357 SqFt ($379/SF)
Basement No Basement, Crawl Space
Year Built 2017
New Construction No
Construction Wood/Frame
Cooling Central Air
Heating Forced Air
Roof Composition Roof

Outdoor Features

Lawn Sprinkler System, Patio

Inclusions

Window Coverings, Electric Range/Oven, Dishwasher, Refrigerator, Microwave

Neighborhood

Accessibility

Ramp Access, Width of Hallways 42" or more, Exterior Door Openings 36" plus, No Stairs

Unit Information

Parking 1 Space/Unit
Tenant Pays Deposit, Gas, Electric, Water, Sewer
Utilities Natural Gas, Electric, Separate Meter Electricity, Separate Meter Gas
Water/Sewer City Water, City Sewer
Metro District No

Type Units Beds Baths Bsmnt SqFt
1 1 2 3 No 946
2 1 2 3 No 946
3 1 1 1 No 526
4 1 3 4 No 1,939
Note: All square footage data are approximate and must be verified by the buyer.

Taxes & Fees

Taxes $7,175
Tax Year 2025
Metro District No

Schools

School District Poudre
Elementary Laurel
Middle/Jr High Lesher
Senior High Ft Collins

Listing Agent

Timothy Anderson

Timothy Anderson

(970) 430-7763


Listing Office

C3 Real Estate Solutions, LLC

C3 Real Estate Solutions, LLC

(970) 225-5152

Visit Website

https://www.c3realestatesolutions.com

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