625 Peterson Street
Fort Collins, CO, 80524 $ 1,650,000
Baths0.0 Sq 4,357 Monthly Estimate*
$ 10,159
Listed by C3 Real Estate Solutions, LLC
Studio for $1,650,000. This 4,357 square foot home was built in 2017 on a lot size of 0.28.
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 future maintenance costs on an Old Town 4 plex you'll find!
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FeaturesInteriorInterior Amenities No Stairs
Basement Crawl Space None
Basement (Y/N) N
Window Features Window Coverings
Main Level Bedrooms 0
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GeneralSewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Electricity Available Natural Gas Available
Possession Closing/DOD
Roof Composition
Appliances Dishwasher Microwave Oven Refrigerator
Zoning NCM
Patio/Porch Features Patio
Construction Materials Frame
Exclusions Tenants personal property
Year Built 2017
Tenant Pays Electricity Gas Water
Levels One Two
Property Subtype Quadruplex
Tax Year 2025
Ownership Individual
Gross Income 7935
Accessibility Accessible Approach with Ramp
County Larimer
Net Operating Income 78986
Operating Expense 20042
Property Type Residential Income
HOA N
Subdivision Name Ftc
Possible Use Multi-Family
Status Coming Soon
High School Fort Collins
City Fort Collins
High School District Poudre R-1
Number Of Units Total 4
Lot Size Square Feet 12000
Listing Terms Cash Conventional FHA
Elementary School Laurel
Tax Annual Amount 7175
Middle/Junior High School Lesher
Concessions No
Standard Status Coming Soon
Occupancy Type Tenant
Elementary School District Poudre R-1
Cap Rate 4.79
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ExteriorLot Features Sprinklers In Front
Water Source Public
Total Parking 7
Building Area Total 4357
Lot Size Acres 0.28
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* Excluded FeaturesList ByC3 Real Estate Solutions, LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $10,159
- Monthly Property Taxes
- $598
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Fort Collins, CO
Average List Price $817,195
Percent of Sale Price 50%
About Fort Collins, CO 161,197 Population
29% Since 2002
$ 60,474 Median Income
32.97 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
3043671 Elementary School
3043408 Middle School
Fort Collins High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/14/2026 | $1,650,000 | | Listed Price |