$2,500,000
- Beds
- 7
- sq ft
- 3,750
722 Remington St, Fort Collins, CO 80524
722 Remington St
Fort Collins, CO 80524
- 162 days on market
A rare opportunity to own an 8-plex in a prime location! This charming Victorian apartment building features eight units that have been meticulously renovated. Every unit boasts updated kitchens with newer appliances, modernized bathrooms, and beautifully refinished or newer flooring throughout. The building itself has undergone significant improvements over the years, including a roof replacement, windows and the addition of two sets of washer and dryer units in the shared basement. Comprising the unit mix are seven spacious 1-bedroom/1-bathroom units and one larger 2-bedroom/1-bathroom unit. Plenty of off street parking for your residents as well. The location of this property is truly unbeatable, as it is conveniently situated only ONE BLOCK away from CSU, making it highly desirable for students, young professionals and faculty members alike. As a testament to its appeal, the property has consistently maintained ZERO vacancy, ensuring a stable and reliable income stream for potential investors. The rental income potential for this property is truly exceptional. With a prime location near the university and a high demand for housing in the area, prospective landlords can expect strong rental demand and the ability to secure attractive rental rates. Additionally, the recent renovations and updates throughout the building will attract quality tenants and enable higher rental premiums. This is an investor's dream come true!
Details
Property type
Lot size
7,000 sq ft
Price per sq ft
$667
Year built
1905
Annual property taxes
$8,814
Price History
01/26/2024
IRES #1002218
Listed
$2,500,000
Schools & Community
Neighborhood:
University Park
Elementary school:
Laurel
Middle school:
Lesher
High school:
Ft Collins
School district:
Poudre
Status: Active
Tomo last checked: 07/05/2024 at 8:00 PM
Listing updated: 02/08/2024 at 3:54 PM
Listed by: Luke Angerhofer, Prestigio Real Estate
MLS: IRES #1002218
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