201 E Elizabeth ST Active Save Request In-Person Tour Request Virtual Tour
Fort Collins,CO 80524
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 5,369 sqft
Price per Sqft $344
Subdivision Crafts
MLS Listing ID IR1022159
Style Contemporary
Bedrooms 9
Full Baths 1
Half Baths 1
Three Quarter Bath 4
Year Built 1924
Annual Tax Amount $8,858
Tax Year 2023
Lot Size 0.430 Acres
Property Description
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 5 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!
Location
State CO
County Larimer
Zoning OT-C
Interior
Heating Baseboard,Radiant
Flooring Wood
Laundry In Unit
Exterior
Fence Partial
Utilities Available Electricity Available,Natural Gas Available
Roof Type Spanish Tile
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Laurel
Middle Schools Lesher
High Schools Fort Collins
School District Poudre R-1
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional