Veterans United Realty
40 Photos

201 E Elizabeth Street, Fort Collins, CO 80524

$1,850,000 Asking Price

9 beds
6 baths
5,369  sqft
Built in 1924

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!

Listing Status:
Active
Date Added:
November 12, 2024 — 68 days ago
Listing Office:
Group Mulberry, Kyle Basnar (970-481-5689)
Office Phone:
970-481-5689
MLS ID:
IR1022159

Features & Amenities

Interior

General:
Eat-in Kitchen, Open Floorplan
Appliances:
Dishwasher, Double Oven, Dryer, Oven, Refrigerator, Washer
Laundry:
In Unit
Basement:
Full, Sump Pump
Flooring:
Wood
Heating:
Baseboard, Radiant

Exterior

Style:
Contemporary
Parking:
Parking spaces: 0

Construction

Roofing:
Spanish Tile
General:
Two

Location

Road/Access:
Public
Originating MLS:
recolorado
School District:
Poudre R-1
County:
Larimer

Lot

Zoning:
OT-C, LOT 2 AND THE NORTH 20 FEET OF LOT 3, BLOCK 5, CRAFT'S RESUBDIVISION OF LAKE PARK ADDITION TO THE CITY OF FORT COLLINS, COUNTY OF LARIMER, STATE OF COLORADO, R0057967
Fencing:
Partial

Utilities

Utilities:
Electricity Available, Natural Gas Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
recolorado
Ownership:
Individual
Exclusions:
Personal Property

This listing courtesy of:
Group Mulberry, Kyle Basnar

About Fort Collins, CO

Housing

Number of Units
92,500
Median Home Value
$416,514
Median Rent
$1,280

39.03% of housing units are renter occupied.

5.09% are vacant.

Commute

Car
52.12%
Public Transportation
1.23%
Walk to Work
3.28%
Work from Home
40.14%
Other
0.60%

The median travel time to work is 14 minutes.

People

Population
216,755
Median Age
33.90
Median Household Size
2.75

Education

High School
15.11%
Associate’s Degree
9.20%
Bachelor’s Degree
31.72%
Graduate Degree
23.42%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Veterans United Homefront

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