CO > Fort Collins > Ftc
Fort Collins, CO 80524,120 Peterson St
Fort Collins, CO 80524,120 Peterson St
Fort Collins, CO 80524,120 Peterson St
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Nina Mooney

Nina Mooney

+1(303) 905-5874
$1,200,000
Est. payment /mo
4 Beds
4 Baths
3,049 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Attached Dwelling

Listing Status Active

Purchase Type For Sale

Subdivision Ftc

MLS Listing ID 1030095

Bedrooms 4

HOA Y/N false

Originating Board IRES MLS

Year Built 1912

Annual Tax Amount $4,765

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Attached Dwelling

Property Description

Earning a 5% cap rate, this well-established four-plex with excellent rental history is located in a prime old town/downtown Fort Collins location. The property consists of four 1 bed/1 bath units. Three units will be vacant by July 31 - new leases can be put in place by the new owner and there is the potential for very high rents. This coveted location is only one block from Old Town Square and one block from the library. The extremely well maintained property has a newer boiler for heating (hot water radiators), updated electrical, updated plumbing, and all have remodeled kitchens and baths. The sellers will install a new roof before closing. In addition to good mechanicals there are charming features like exposed brick, arched doorways and hardwood floors. Tenants share the clothes washer/dryer in the basement and the detached garage and shed provide shared storage. Sellers are participating in a 1031 exchange and the sale will be contingent upon finding a replacement property. Buyers to verify all information.

Location

State CO

County Larimer

Community Extra Storage

Area Fort Collins

Zoning OT-C

Direction From Mountain Ave. turn south on Peterson. Home is on the east side of the street.

Rooms

Other Rooms Storage

Basement Partial, Sump Pump

Interior

Heating Hot Water, Radiator

Cooling Room Air Conditioner, Ceiling Fan(s)

Flooring Wood Floors

Appliance Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer

Laundry Common Area

Exterior

Fence Partial

Community Features Extra Storage

Utilities Available Natural Gas Available, Electricity Available

Roof Type Composition

Building

Lot Description Lawn Sprinkler System

Story 2

Sewer City Sewer

Water City Water, City of Ft Collins

Level or Stories Two

Structure Type Stucco

New Construction false

Schools

Elementary Schools Laurel

Middle Schools Lesher

High Schools Ft Collins

School District Poudre

Others

Senior Community false

Tax ID R0044245

SqFt Source Assessor

Special Listing Condition Private Owner

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Information and Real Estate Services (IRES)
Listed by Ruth McMillen • Porch Life Properties • 7209352469

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agent

Nina Mooney

+1(303) 905-5874

Broker Associate | License ID: FA 100067001

Broker Associate License ID: FA 100067001

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