201 E Elizabeth Street Fort Collins , CO 80524

Description

9 Beds
1 full, 5 half Baths
5,369 Sqft
18,870 Sqft lot
0.43 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 1924
Neighborhood: Crafts
Days on Website: 16
Discover a rare and distinctive property near CSU, offering exceptional potential for a Beautiful Primary home, Multi use Rental and/or office space. Approximately 90% renovated, this home retains the charming 1920s character of Old Town Fort Collins while featuring modern updates. With 9 bedrooms and 5 baths, the property is ideally suited for rental use, a bed & breakfast, or even a fraternity house. Currently, a potential lease with a fraternity could provide $16,000/month, yielding an impressive 10% CAP rate. Spanning over 5,369 square feet, this stunning Tudor-style property boasts beautiful brickwork, original woodwork throughout, and incredible architectural details. The open kitchen includes updated appliances, and the property also features two fireplaces, a stained glass entry door, a spacious dining room or reception area, and hardwood floors. Upstairs, you'll find three large rooms, while the expansive basement offers additional rooms with a separate entrance and ample space for varied uses. Zoned NCL, this versatile property could serve as a fraternity house, daycare, boarding house, legal office, or more. Parking is available in the back for convenience.Incredible opportunity in an unbeatable location-don't miss out!

Open House

Property Details and Features

Contact an Agent

Julie Trunzo

303-962-4272 303 887-7009

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