120 Peterson Street, Fort Collins, CO 80524 (MLS # IR1030095)
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This is a unique opportunity to purchase a well-established four-plex with excellent rental history in a prime old town/downtown Fort Collins location. The property consists of four 1 bed/1 bath units. This coveted location is only one block from Old Town Square and one block from the library. In addition, it's located in the City of Fort Collins primary short term rental area. There are good long-term tenants - two may want to stay on and two plan to vacate. The property is extremely well maintained including a newer boiler for heating (hot water radiators), updated electrical throughout, updated plumbing, and all have remodeled kitchens and baths. Along with good mechanicals there are charming features like exposed brick, hardwood floors, even radiant floor heat in two of the units. Tenants share the clothes washer/dryer in the basement and the detached garage and shed provides shared storage. Sellers are participating in a 1031 exchange and the sale will be contingent upon finding a replacement property. Buyers to verify all information.
| DAYS ON MARKET | 40 | LAST UPDATED | 4/3/2025 |
|---|---|---|---|
| TRACT | Ftc | YEAR BUILT | 1912 |
| COUNTY | Larimer | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Laurel |
|---|---|
| Jr. High School | Lesher |
| High School | Fort Collins |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Oven, Refrigerator, Washer |
| BASEMENT | Partial, Sump Pump, Yes |
| CONSTRUCTION | Stucco |
| HEAT | Hot Water |
| LOT | 3049 sq ft |
| LOT DESCRIPTION | Sprinklers In Front |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Ftc |
| TAXES | 4765 |
| UTILITIES | Electricity Available, Natural Gas Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listing provided by Ruth McMillen, Porch Life Properties
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