A Rare and Distinctive Property Near Csu
A Rare and Distinctive Property Near Csu
201 East Elizabeth Street, Fort Collins, Colorado, 80524, USA
USD $1,750,000
Discover a rare and distinctive property near CSU, offering exceptional potential for a Beautiful Primary home, Multi use Rental and/or office space. Approximately 90% renovated, this home retains the charming 1920s character of Old Town Fort Collins while featuring modern updates. With 9 bedrooms and 6 baths, the property is ideally suited for rental use, a bed & breakfast, or even a fraternity house. Currently, a potential lease with a fraternity could provide $16,000/month, yielding an impressive 10% CAP rate. Spanning over 5,369 square feet, this stunning Tudor-style property boasts beautiful brickwork, original woodwork throughout, and incredible architectural details. The open kitchen includes updated appliances, and the property also features two fireplaces, a stained glass entry door, a spacious dining room or reception area, and hardwood floors. Upstairs, you'll find three large rooms, while the expansive basement offers additional rooms with a separate entrance and ample space for varied uses. Zoned NCL, this versatile property could serve as a fraternity house, daycare, boarding house, legal office, or more. Parking is available in the back for convenience. Incredible opportunity in an unbeatable location-don't miss out!
Highlights:
- Original brickwork
- Stained glass entry door
- Hardwood floors
Highlights:
- Original brickwork
- Stained glass entry door
- Hardwood floors
- Two fireplaces
- Expansive basement with separate entrance
- Modern updated kitchen
- Architectural Tudor-style details
- Spacious dining room
- Versatile zoning NCL
- Ample parking available
