Beautifully located just 0.5 miles from the Colorado State University campus and one block from the CSU Trial Gardens, this Fort Collins property offers exceptional flexibility with a fully finished mother in law suite on the lower level. The layout provides an ideal setup for multigenerational living, guest accommodations, or… Read More supplemental rental income.The main level features a comfortable, traditional living space with easy access to campus, transit, restaurants, and Old Town amenities. The lower level mother in law suite includes its own private entrance and kitchenette creating privacy and convenience for extended stay guests or long term occupants. The property has a strong history of steady rental performance, supported by its proximity to CSU and the surrounding walkable neighborhood.Upper unit rents for $2400 and Lower-unit rents for $1600. Tenants currently pay all utilities and internet, keeping owner expenses low and offering attractive income potential for investors or owner occupants seeking additional revenue. The home sits in a mature, established area known for tree lined streets, bike paths, and quick access to community spaces.With its prime location, flexible living arrangement, and proven rental appeal, this property is a standout opportunity in the Fort Collins market-perfect for those seeking a centrally located home with built in versatility.Buyer to verify zoning and permitted uses. Read Less
Above Grade Finished Area: 1032, Below Grade Finished Area: 992, Construction Materials: "Frame", Levels: "One", Living Area: 2024, Occupant Type: Tenant, Room Count: 4, Structure Type: "House", Total Area: 2064, Unit Count: 2, Unit Types: "Array", "Array", Built in 1945, 2 total units
Expenses
Operating Expense: $5,492
Exterior Features
Patio And Porch Features: "Patio"
Fence
Fencing: "Fenced"
Heating
Heating: "Forced Air"
Income
Net Operating Income: $41,068, Projected Gross Operating Income: $46,560
Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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