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Colin Whitenack

[email protected] +1(303) 912-5394

$ 1,275,000

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120 Peterson ST Fort Collins, CO 80524

3,049 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Active

Purchase Type For Sale

Subdivision Ftc

MLS Listing ID IR1030095

HOA Y/N No

Originating Board recolorado

Year Built 1912

Annual Tax Amount $4,765

Tax Year 2024

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Quadplex

Property Description

This is a unique opportunity to purchase a well-established four-plex with excellent rental history in a prime old town/downtown Fort Collins location. The property consists of four 1 bed/1 bath units. This coveted location is only one block from Old Town Square and one block from the library. In addition, it's located in the City of Fort Collins primary short term rental area. There are good long-term tenants - two may want to stay on and two plan to vacate. The property is extremely well maintained including a newer boiler for heating (hot water radiators), updated electrical throughout, updated plumbing, and all have remodeled kitchens and baths. Along with good mechanicals there are charming features like exposed brick, hardwood floors, even radiant floor heat in two of the units. Tenants share the clothes washer/dryer in the basement and the detached garage and shed provides shared storage. Sellers are participating in a 1031 exchange and the sale will be contingent upon finding a replacement property. Buyers to verify all information.

Location

State CO

County Larimer

Zoning OT-C

Rooms

Basement Partial, Sump Pump

Interior

Heating Hot Water

Cooling Air Conditioning-Room, Ceiling Fan(s)

Flooring Wood

Fireplace N

Appliance Dishwasher, Dryer, Oven, Refrigerator, Washer

Exterior

Fence Partial

Utilities Available Electricity Available, Natural Gas Available

Roof Type Composition

Total Parking Spaces 1

Building

Lot Description Sprinklers In Front

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Stucco

Schools

Elementary Schools Laurel

Middle Schools Lesher

High Schools Fort Collins

School District Poudre R-1

Others

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Porch Life Properties • 7209352469

Colin Whitenack

+1(303) 912-5394

Colin Whitenack

120 Peterson ST Fort Collins, CO 80524

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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120 Peterson ST