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Fort Collins,CO 80521
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,152 sqft
Price per Sqft $221
Subdivision S15 T07 R69
MLS Listing ID IR1034408
Bedrooms 5
Full Baths 2
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 3,152
Year Built 1965
Annual Tax Amount $3,182
Tax Year 2024
Lot Size 0.344 Acres
Acres 0.34
Property Sub-Type Single Family Residence
Source recolorado
Property Description
Incredible turnkey 5 bedroom rental investment opportunity in an ideal location! This 1/3 of an acre lot is just one block from beautiful City Park Lake and less than 10 minutes drive from Old Town Fort Collins and the CSU campus. The property is rented on a year lease starting on July 1st and has a robust 20 year rental history under the current owner. This spacious home has many charming features including a large dining room, vintage tiled bathrooms and a garage space conversion to add a primary bedroom to the main floor. The expansive backyard comes ready with a large covered patio. *Unique additional income opportunity in Professional Recording Studio*An exceptionally unique feature of this property is the 3 car detached garage in the back of the property that has been transformed into a high quality recording studio for musicians, podcasters or other audio professionals; with a gas stove for heat and a sub panel for electrical. The seller operated a successful audio recording business out of the space for 20 plus years and the studio is already wired for the job; featuring a control room and isolation rooms that are sound treated and can be modified with a rolling wall. Simple access to water & sewer is just outside of the garage, allowing for this space to be an optimal candidate for an ADU configuration in the future. The possibilities are endless!
Location
State CO
County Larimer
Zoning RL
Rooms
Basement None
Main Level Bedrooms 1
Interior
Interior Features Walk-In Closet(s)
Heating Baseboard,Hot Water
Cooling Air Conditioning-Room
Flooring Tile
Equipment Satellite Dish
Fireplace N
Appliance Dishwasher,Dryer,Oven,Refrigerator,Washer
Laundry In Unit
Exterior
Parking Features Heated Garage,Oversized,RV Access/Parking
Garage Spaces 3.0
Fence Fenced,Partial
Utilities Available Cable Available,Electricity Available,Internet Access (Wired),Natural Gas Available
View Mountain(s)
Roof Type Composition
Total Parking Spaces 3
Building
Lot Description Level
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick,Frame
Schools
Elementary Schools Bauder
Middle Schools Lincoln
High Schools Poudre
School District Poudre R-1
Others
Ownership Individual
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,VA Loan
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan