$1,240,000
$1,275,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
6 Baths
3,920 Sqft Lot
SOLD DATE : 06/10/2021
Key Details
Sold Price $1,240,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Subdivision Old Town
MLS Listing ID 932095
Sold Date 06/10/21
Style Ranch
Bedrooms 12
HOA Y/N false
Originating Board IRES MLS
Year Built 1900
Lot Size 3,920 Sqft
Acres 0.09
Property Description
This opportunity consisting of 3 single family homes is directly across from CSU & within Old Town FTC. The 3 properties- 117 Locust (MLS# 931913), 901 Remington (MLS# 931924), 931 Remington (MLS# 931917) are on the same block adjacent to a long standing hotel & are zoned NCB, which allows flexibles uses including short term rentals. Properties will be sold in as-is condition & seller prefers to sell all 3 properties to 1 buyer. Redevelopment of 931 Remington & 117 Locust may be advantageous as they abut each other. Having been long-term rentals, these properties also have the potential for increasing rent to reflect the market, after renovation. The properties are designated as historical & are eligible for tax credits, 0 interest deferred loans & grants. Seller is open to creative partnership ideas to collaborate w/ the adjacent hotel. All homes are currently being rented but have the option to terminate the leases with 60-day notice & a small fee.
Location
State CO
County Larimer
Area Fort Collins
Zoning NCB
Rooms
Basement Full
Interior
Heating Forced Air
Flooring Wood Floors
Window Features Window Coverings
Appliance Electric Range/Oven, Refrigerator
Laundry Washer/Dryer Hookups
Exterior
Utilities Available Natural Gas Available, Electricity Available
Roof Type Composition
Street Surface Asphalt
Building
Story 1
Sewer City Sewer
Water City Water, City of FTC
Level or Stories One, Two
Structure Type Wood/Frame,Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Laurel
Middle Schools Lesher
High Schools Ft Collins
School District Poudre
Others
Senior Community false
Tax ID R0057568
SqFt Source Other
Special Listing Condition Private Owner
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