$2,500,000
Active
143 Days Online
7 Beds6 Baths5,148 SQFT
Active

722 Remington St Fort Collins, CO 80524

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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!

  • Property TypeMulti-Family
  • NeighborhoodCity of Fort Collins
  • CountyLarimer
  • Taxes$8,814
  • HOA/Condo/Coop Fees$0
  • Days on Site142 Days
  • MLS StatusActive
  • MLS ID Number1002218
  • Home Size Source Assessor
  • Year Built1905
  • Lot Size0.16 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Victorian
  • Basement Full25%+ Finished Basement
  • Number of Stories 3Three Or More
  • Acreage 0.16
  • Property Sub Type Attached
  • Utilities Natural Gas AvailableElectricity Available
  • Zoning COM/RES
  • Construction Brick/Brick Veneer
  • Tenant Pays DepositElectricityWater
  • Buyer Agent Compensation 2.50 %

Interior Features

  • Heating Radiator
  • Appliances Electric Range/ OvenRefrigeratorElectric Range/Oven
  • Basement Foundation Full25%+Finished Basement

Exterior Features

  • Roof Composition
  • Spa No
  • Waterfront Property No
  • Exterior Lighting
  • Lot CurbsGuttersSidewalks
  • Road Frontage City Street
  • Outdoor Features Lighting
  • Waterfront No

Community Features

  • Senior Community No
  • MLS Area Fort Collins

Schools

School District
Poudre
Elementary School
Laurel
Middle School
Lesher
High School
Ft Collins

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Monthly Payment (Est.)

$13,239
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