Homes for sale - 120 Peterson ST, Fort Collins, CO 80524

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Erika Molnar

Pak Home Realty

erikacmolnar@gmail.com +1(303) 931-0238

$ 1,195,000

Est. payment | -/mo

2,080 SqFt

Save

$ 1,195,000

Est. payment | -/mo

Save

2,080 SqFt

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

Listed by Porch Life Properties

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(303) 931-0238

erikacmolnar@gmail.com

120 Peterson ST Fort Collins, CO 80524