Homes for sale - 201 E Elizabeth ST, Fort Collins, CO 80524

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Bill Watson

bill@watsonrg.com +1(303) 842-0836

$1,850,000

Est. payment - /mo

9 Beds

6 Baths

5,369 SqFt

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UPDATED:

11/14/2024 12:08 AM

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

HOA Y/N No

Abv Grd Liv Area 3,449

Originating Board recolorado

Year Built 1924

Annual Tax Amount $8,858

Tax Year 2023

Lot Size 0.430 Acres

Acres 0.43

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

Rooms

Basement Full, Sump Pump

Main Level Bedrooms 1

Interior

Interior Features Eat-in Kitchen, Open Floorplan

Heating Baseboard, Radiant

Flooring Wood

Fireplace N

Appliance Dishwasher, Double Oven, Dryer, Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Fence Partial

Utilities Available Electricity Available, Natural Gas Available

Roof Type Spanish Tile

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Laurel

Middle Schools Lesher

High Schools Fort Collins

School District Poudre R-1

Others

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Group Mulberry • 9704815689

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(303) 842-0836

bill@watsonrg.com

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201 E Elizabeth ST Fort Collins, CO 80524