504 S Whitcomb Street Fort Collins, CO $ 1,100,000
504 S Whitcomb Street
$ 1,100,000
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504 S Whitcomb Street

Fort Collins, CO, 80521
$ 1,100,000
Baths0.0 Sq 2,183

Monthly Estimate*

$ 7,311

Listed by Downtown Real Estate Brokers
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Studio

Multi-Family Home for sale in Fort Collins, CO

for $1,100,000. This 2,183 square foot home was built in 1913 on a lot size of 0.21.

Charming legal triplex in Old Town cited on a 9,000 square foot lot in the NCB zone. This is the Unicorn you've been waiting for! Main house is a legal duplex and to boot, there is a brand new 595 square foot ADU off the alley includes an additional 2 bedroom, 1 bath. This property has a grandfathered NON PRIMARY Short Term Rental license that can convey to new owner, please confirm with City of Fort Collins on current restrictions. The three units generate $5,800 a month and leases are either month to month or expire this summer, enabling a new owner to negotiate their own terms. Features include: In the main house: hardwood flooring throughout, new flooring and updated finishes in the kitchen, brand new furnace, electrical, new paint. Upstairs in 504 S Whitcomb: this unit was constructed in 2016, so all of the systems and finishes are from that time. This adorable studio unit has never been vacant. Lastly, the 595sf alley house was just completed and the finishes are on point! This unit currently operates as a short term rental and nets $2,000 / month. This amazing property is located just steps to CSU, City Park & Downtown!

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Multi-Family Active

Price

$ 1,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,377

Style

Contemporary,Cottage

Lot Size

0.21

Year Built

1913

Town/City

Fort Collins

County/Region

Larimer

MLS | Web ID

IR1008040

Features
General
Interior Features Eat-in Kitchen
Sewer Public Sewer
Heating Forced Air
Cooling Air Conditioning-Room Ceiling Fan(s)
Utilities Cable Available Electricity Available Internet Access (Wired) Natural Gas Available
Possession See Remarks
Roof Composition Metal
Appliances Dishwasher Disposal Dryer Oven Refrigerator Washer
Zoning NCB
Patio/Porch Features Patio
Architectural Style Contemporary Cottage
Security Features Smoke Detector(s)
Construction Materials Wood Frame Wood Siding
Year Built 1913
Tenant Pays Electricity Gas Trash Collection Water
View Water
Levels One Two
Property SubType Triplex
Tax Year 2023
Percent Ownership Individual
Gross Income 5800
County Larimer
Net Operating Income 66223
Operating Expense 3377
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Old Town West Side
Facing Direction West
Possible Use Multi-Family
Status Active
High School Poudre
City Fort Collins
Buyer Agent Compensation 2.50
Entry Location Exterior Access
High School District Poudre R-1
NumberOfUnitsTotal 3
Lot Size Square Feet 9000
Street Name Whitcomb
Listing Terms Cash Conventional Owner Will Carry
Elementary School Dunn
Tax Annual Amount 3377
Middle/Junior High School Lincoln
Standard Status Active
Occupancy Type Tenant
Elementary School District Poudre R-1
Cap Rate 6.02
Buyer Agent Compensation Type %
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Interior
Basement None
Flooring Wood
Total Fireplaces 0
Basement (Y/N) N
Street Suffix Street
Main Level Bedrooms 0
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Exterior
Vegetation Wooded
Fencing Fenced Partial
Lot Features Level
Water Source Public
Total Parking 5
Building Area Total 2183
Lot Size Acres 0.21
Road Surface Type Alley Paved Paved
Road Frontage Type Public
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Internal Only
Street Number 1 504
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* Excluded Features
List By
Downtown Real Estate Brokers

Broker

(970) 988-9367

Phone

Affordability Calculator

$7,592
Per Month
96%
4%
0%
Monthly Principal & Interest
$7,311
Monthly Property Taxes
$281
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3043864 Elementary School
3043362 Middle School
Poudre High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2024$1,100,000 -2.22% Price Down
4/25/2024$1,125,000 Listed Price

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504 S Whitcomb Street, Fort Collins, CO, 80521 is a Multi-Family Home for sale at $1,100,000 with 2,183 sqft and a lot size of 0.21. 504 S Whitcomb Street is a studio with 0.0 baths and was built in 1913. The property's zip code is 80521 which is in Fort Collins, CO