120 Peterson ST Active Save Request In-Person Tour Request Virtual Tour
Fort Collins,CO 80524
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,080 sqft
Price per Sqft $574
Subdivision Ftc
MLS Listing ID IR1030095
HOA Y/N No
Year Built 1912
Annual Tax Amount $4,765
Tax Year 2024
Lot Size 3,220 Sqft
Acres 0.07
Property Sub-Type Quadruplex
Source recolorado
Property Description
This is a unique opportunity to purchase a well-established 4-plex with excellent rental history in a prime downtown Fort Collins location. Four one bed/one bath units are just a stone's throw from Old Town Square. The new owner can set the rents for three of the four units (three will be vacant by July 31), increasing the bottom line. The potential for long term appreciation and return on investment is great. The building has charming features and good bones. Updated electrical and plumbing, a newer boiler, and the seller will install a new roof before closing. The remodeled kitchens have quality custom cabinets, tile backsplashes, and stainless steel appliances. Bathrooms are updated as well. Other features that make this place so special are solid hardwood floors, exposed brick, and arched doorways. There is a shared laundry in the basement and a garage for storage. It's a very low-maintenance lot. What are you waiting for?! Come see this amazing investment property.
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