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504 S Whitcomb St

Fort Collins, CO 80521
  • $1,100,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 1008040
UPDATED: 56 min ago
$1,100,000
  • 6
    BEDS
  • 0.21
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,183
    SQFT
  • $504
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1913
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

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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© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Re/Max Alliance. Data last updated: 2024-05-30T16:43:51.837.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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504 S Whitcomb St Fort Collins, CO 80521

  • Price: $1,100,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 56 min ago
  • MLS #: 1008040
6
Beds
3
Baths
0
½ Baths
0.21
Acres
2,183
SQFT
$504
$/SQFT
1913
Built
Neighborhood:
Old Town West Side
County:
Larimer
Area:
09 Fort Collins area
Elementary School:
Dunn
Middle School:
Lincoln
High School:
Poudre
School District:
Poudre
Property Description
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!
Exterior Features

Architectural Style Cottage/BungContemporary/ModernRanch Construction Materials Wood/FrameComposition SidingWood Siding Direction Faces West Entry Location Outside Entry Exterior Features Lighting Fencing PartialFencedWood Horse YN No Levels OneTwo Lot Features CurbsGuttersSidewalksFire Hydrant within 500 FeetLevelWithin City Limits Other Parking Parking Per Unit(Less Than 1) Other Structures Carriage House Parking Features Alley Access Patio And Porch Features Patio Road Frontage Type City StreetAlley Road Surface Type PavedAsphalt Roof CompositionMetal Spa YN No Structure Type Legal ConformingDuplex View Water Waterfront YN No

Interior Features

Accessibility Features Level LotLevel DriveLow CarpetMain Floor BathMain Level Bedroom Appliances Electric Range/OvenDishwasherRefrigeratorWasherDryerDisposal Basement None Cooling Room Air ConditionerCeiling Fan(s) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Wood Floors Heating Forced AirIndividual Heat Source Heating YN Yes Interior Features High Speed InternetEat-in KitchenSeparate Dining RoomOutside Entry9ft+ Ceilings Living Area Source Other Unit1 Bedrooms 3 Unit1 Est Sq Ft 1044 Unit1 Total Baths 1 Unit2 Bedrooms 1 Unit2 Est Sq Ft 543 Unit2 Total Baths 1 Unit3 Bedrooms 2 Unit3 Est Sq Ft 595 Unit3 Total Baths 1 Window Features Wood Frames

Property Features

Association YN No Cap Rate 6.02 Ditches Active YN No Electric ElectricCity of FTC Gas Natural GasXcel Gross Income 69600 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventionalOwner May Carry Locale Fort Collins Net Operating Income 66223 New Construction YN No Operating Expense 3377 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 3377 Tax Year 2023 Tenant Pays DepositGasElectricityWaterSewerTrash Collection Unit1 Rent 2200 Unit2 Rent 1600 Unit3 Rent 2000 Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity of Fort Collins Zoning NCB

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Emily Heinz of Downtown Real Estate Brokers: 9706728286.



© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Re/Max Alliance. Data last updated: 2024-05-30T16:43:51.837.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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4703-A Boardwalk Dr.
Fort Collins CO, 80525