625 Peterson St, Fort Collins, CO 80524

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