635 Stover St Open House Save Request In-Person Tour Request Virtual Tour
Fort Collins,CO 80524
OPEN HOUSE
Sat Apr 26, 1:00pm - 2:30pm
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Attached Dwelling
Listing Status Active
Purchase Type For Sale
Subdivision Old Town
MLS Listing ID 1031214
Style Contemporary/Modern,Ranch
Bedrooms 2
HOA Y/N false
Originating Board IRES MLS
Year Built 1950
Annual Tax Amount $3,489
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Attached Dwelling
Property Description
Have it your way with this incredible investment opportunity offering a 5.6% cap rate and flexible living or rental options. The south side unit is available (each unit is a mirror image) ideal for owner-occupancy or new tenancy-while the north side tenant can stay or vacate at the end of their lease in early May. The current lease allows for an increase in the rents to be discussed. Each side is a fully renovated 1 bed / 1 bath unit, remodeled down to the studs with over $400,000 invested since 2020. The exterior boasts new siding, doors, windows, and roof, along with covered front porches, private backyard patios with pergolas, professional landscaping, drip irrigation, planter boxes, fruit trees, storage sheds, and a shared paver patio complete with gas grill, firepit, and hammock posts. Inside, everything is new-plumbing, electrical, appliances, kitchens, and bathrooms-with real hardwood floors, on-demand tankless water heaters, spray-foam insulation, and efficient mini-split heating and cooling systems, bathrooms with heated flooring. Major utility upgrades include a new gas meter, sewer line, water lines to the home and backyard, and completely updated interior systems including active radon mitigation. Turn-key, high-quality duplex that offers lifestyle and investment returns all in one. Short-term rentals allowed if one side is occupied by the property owner for at least 9 months a year. Pre-inspected for your peace of mind.
Location
State CO
County Larimer
Area Fort Collins
Zoning NCM
Rooms
Other Rooms Storage
Basement None,Built-In Radon
Interior
Interior Features Eat-in Kitchen,Open Floorplan,Beamed Ceilings
Heating Individual Heat Source,Wall Furnace
Cooling Room Air Conditioner
Flooring Wood Floors
Window Features Window Coverings,Double Pane Windows
Appliance Gas Range/Oven,Dishwasher,Refrigerator,Washer,Dryer,Microwave
Laundry Washer/Dryer Hookups
Exterior
Exterior Feature Lighting
Parking Features Alley Access
Fence Fenced,Wood
Utilities Available Natural Gas Available,Electricity Available
View City
Roof Type Composition
Street Surface Paved,Asphalt
Handicap Access Level Lot,No Stairs,Main Floor Bath,Main Level Bedroom
Porch Patio
Building
Lot Description Curbs,Gutters,Sidewalks,Level,Xeriscape
Story 1
Sewer City Sewer
Water City Water,City of FC
Level or Stories One
Structure Type Wood/Frame,Composition Siding
New Construction false
Schools
Elementary Schools Laurel
Middle Schools Lesher
High Schools Ft Collins
School District Poudre
Others
Senior Community false
Tax ID R0049476
SqFt Source Other
Special Listing Condition Private Owner
Virtual Tour https://www.wellcomemat.com/mls/1el5953a1b261m3s9