625 Peterson Street

Fort Collins, CO 80524

$1,750,000
Price
8
Beds
11
Baths
4,598 Sq. Ft.
$381 / Sq. Ft.
4,598
Sq. Ft.
$381
per Sq. Ft.

Description

Rare opportunity to own a completely rebuilt historic home in Old Town Fort Collins, that has been legally converted to a 4 unit, high end rental property. The original home was built in 1898, but the home was gutted and brought up to modern standards in 2017, along with units B C and D being added on at the same time. Dedicated concrete parking lot in rear, covered bicycle parking, concrete dumpster enclosure, ADA access for Unit B, and nicely landscaped to promote easy maintenance blended with...Rare opportunity to own a completely rebuilt historic home in Old Town Fort Collins, that has been legally converted to a 4 unit, high end rental property. The original home was built in 1898, but the home was gutted and brought up to modern standards in 2017, along with units B C and D being added on at the same time. Dedicated concrete parking lot in rear, covered bicycle parking, concrete dumpster enclosure, ADA access for Unit B, and nicely landscaped to promote easy maintenance blended with attractive design. Unit A is the largest unit, occupying the original structure and boasting 3 large bedrooms each with their own ensuite bathroom, an extra half bath, huge living spaces and plenty of storage. Unit B is a single level with ramp access and boasts ADA features throughout. Units C and D are a mirror image of each other with 2 large bedrooms, each with their own ensuite bathrooms, plus an extra half bath on the main level. All four units feature granite counters, LED lighting, high end cabinets, spacious living and thoughtful layouts. Modern insulation, windows and appliances ensure maximum efficiency and low energy bills for your future tenants. Repainted in 2023, this property is absolutely immaculate and was built to the highest construction standards by Swift Builders. Rents are low for a property of this caliber, and could easily be improved upon lease cycle renewals by new owner. Prime Old Town location within easy walking or biking distance of many shops, restaurants and parks, including Target and Lucky's Market. 8 total bedrooms, 8 full bathrooms, 3 half bathrooms, ADA access, off street parking, blue chip location, all units include washer and dryer in unit, and the lowest maintenance future maintenance costs on an Old Town 4 plex you'll find!
  1. Listed by Timothy Anderson • C3 Real Estate Solutions, LLC • 9704307763

Amenities

  • Air Conditioning
  • Common Outdoor Space
  • Common Storage
  • Dryer
  • Forced Air
  • Parking Lot
  • Private Outdoor Space
  • Street Parking
LISTING UPDATED: 11/07/2024 12:26 PM

Property Details for 625 Peterson Street

StatusActive
MLS #1010746
Days on Compass176
Taxes$6,698 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2017
Lot Size0.28 AC / 12,000 SF
CountyLarimer County

Building Information for 625 Peterson Street

Stories1Residences4Year Built2017Building Size-Lot Size0.28 AC / 12,000 SF

Property Information for 625 Peterson Street

Summary
Location and General Information
  • Road Access 2: City Street
  • Longitude and Latitude: -105.07224, 40.57906
  • Latitude: 40.58
  • Longitude: -105.07
  • Elementary School District: Poudre
  • Middle Or Junior School District: Poudre
Parking
  • Total Parking: 7.00
Taxes and HOA Information
  • Tax Information: No
  • Tax Year: 2023
  • Tax Annual Amount: $6,698
  • Parcel Number: R0053937
Property
Lot Information
  • Lot Improvements: Curbs, Gutters, Sidewalks, Lawn Sprinkler System
  • Lot Size Area: 12,000.00
  • Lot Size Units: Square Feet
  • Has Irrigation Water Rights: No
  • Has Improvements: No
  • Vegetation: Evergreen Trees, Deciduous Trees
Property and Assessments
  • Total Finished Area Source: Assessor
  • Total Finished Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Location Description 2: No
  • Are Ditches Active: No
  • New Construction YN: No
  • Property Styles: 1
  • Levels: One, Two
  • Home Warranty YN: No
Utilities
  • Cooling: Yes
  • Utilities 1: No
  • Gas: Natural Gas, Xcel
  • Sewer: City Sewer
  • Green Energy Efficient: HVAC
  • Heating YN: Yes
Interior and Exterior Features
Interior Features
  • ViewYN: No
  • Spa YN: No
  • Units Furnished: None
  • Window Features: Double Pane Windows
  • Inclusion 3: Unfurnished
Multi Family
Multi-Family Information
  • Unit 1's Number of Bedrooms: 3
  • Unit 1's Number of Baths: 4.00
  • Number of 1 bedroom units: 1
  • Unit 1's Estimated Square Feet: 1939
  • Unit 2's Number of Bedrooms: 1
  • Unit 2's Number of Baths: 1.00
  • Number of 2 bedroom units: 2
  • Unit 2's Estimated Square Feet: 526
  • Unit 3's Number of Bedrooms: 2
  • Unit 3's Number of Baths: 3.00
  • Number of 3 bedroom units: 1
  • Unit 3's Estimated Square Feet: 946
  • Unit 4's Number of Bedrooms: 2
  • Unit 4's Number of Baths: 3.00
  • Unit 4's Estimated Square Feet: 946
Rental
Rental Information
  • Rent Unit 1: $2,595.00
  • Rent Unit 2: $1,585.00
  • Rent Unit 3: $1,950.00
  • Rent Unit 4: $1,700.00
  • Lease Sq Ft Unit: Square Feet
  • Total Actual Rent: $7,830.00
  • Horse YN: No

Property History for 625 Peterson Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 625 Peterson Street

Taxable ValueLand$13,400Additions$63,650Total$77,050
Tax Record2023$6,698 ($558 / month)
Home Facts
Total Finished SqFt4,598 SqFtAbove Grade Finished SqFt4,598 SqFtStories2Lot Size12,197 SqFtStyleMulti-Family Dwelling (2-4)Year Built2017CountyLARIMERAPN97132-12-001

Schools near 625 Peterson Street

This home is within Poudre R-1 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Laurel Elementary School
PublicPK to 5

Lesher Middle School
Public6 to 8

Fort Collins High School
Public9 to 12

Centennial High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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625 Peterson Street is a multi-family home for sale in Fort Collins, CO 80524. This property was listed for sale on May 30, 2024 by C3 Real Estate Solutions, LLC, it's currently listed at $1,750,000. It has been on the market for a total of 176 days and was last sold on September 2, 2015. This listing's school district is Poudre R-1 School District. Nearby schools include Laurel Elementary School, Lesher Middle School and Fort Collins High School. 625 Peterson Street is a 8-bed, 11-bath, 4,598 sqft multi-family home built in 2017.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of C3 Real Estate Solutions, LLC, Timothy Anderson

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.