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$3,499,000

Beds
5
Baths
5.5
sq ft
2,375

629 S Howes St, Fort Collins, CO 80521

629 S Howes St

Fort Collins, CO 80521

  • 2 days on market
Attention Investors, Builders, and Developers! Located just 200 yards from the Colorado State University campus, 629 S. Howes offers a rare opportunity to own a property with both charm and Approved, permit ready development plans! Situated on a spacious 18,981 square foot lot (0.44-acre). This property features an existing historical house with two separate units which have both undergone extensive & exquisite upgrades, providing modern finishes while preserving the property's historic appeal Existing Main Unit: 3 bedrooms, 3.5 bathrooms. Existing Secondary Unit: 2 bedrooms, 2 bathrooms. Both units are currently leased through May 2025 The approved plans show an additional 12 units (30 beds), with a mix of 3 studio apartments and 9 three-bedroom units. The project was approved as a result of the amazing work product done by: Northern Engineers, AU Workshop and the TB Group. These plans represent a prime opportunity for maximizing rental income in a high-demand area, by avoiding the highly volatile & unpredictable entitlement process. With development possibilities, this property is ready for either a quick redevelopment using the approved plans or a custom project tailored to your goals. Whether you’re looking for a project with immediate income potential or seeking to design your own future development, 629 S. Howes presents a flexible, approved, high-potential opportunity in a sought-after location. Broker is a related party to Seller.

Details

Property type

Single Family Residence

Property condition

Updated/Remodeled

Lot size

0.43 acres

Price per sq ft

$1,474

Year built

1910

Annual property taxes

$4,843

Price History

11/12/2024
REColorado

REColorado #8516336

Listed
$3,499,000
+351.48%
12/11/2018
IRES

IRES #857860

Sold
$775,000

Schools & Community

Neighborhood: 

University North

Elementary school: 

Dunn

Middle school: 

Lincoln

High school: 

Poudre

High school district: 

Poudre R-1

Status: Active

Tomo last checked: 11/13/2024 at 7:50 PM

Listing updated: 11/12/2024 at 5:11 PM

Listed by: Ethan Carlson, CARLSON ASSOCIATES Phone #: (303) 457-2966

MLS: REColorado #8516336

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