Kyle Basnar
This listing was posted on RealtyWW.
$1,850,000
E Elizabeth St, Fort Collins, Home For Sale
Price:
$1,850,000
BR/BA:
9 BR, 5.5 BA
Location:
201 E Elizabeth St, Fort Collins, CO
Description:
Discover a rare and distinctive property near CSU, offering exceptional potential for rental income or as an 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 and 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!For more details: https://realtyww.info/homes_fort-collins-d523159/for-sale_i77843711
Property Type:
Single-Family Houses
Amenities:
Fireplace, Parking, Wood Floors
Posted:
November 14 on RealtyWW
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