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722 Remington St, Fort Collins, CO 80524

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For Sale

$2,500,000

7 beds6 baths5,148 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $485.63
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

A rare opportunity to own an 8-plex in a prime location! This charming Victorian apartment building features eight units that have been meticulously renovated. Every unit boasts updated kitchens with newer appliances, modernized bathrooms, and beautifully refinished or newer flooring throughout. The building itself has undergone significant improvements over the years, including a roof replacement, windows and the addition of two sets of washer and dryer units in the shared basement. Comprising the unit mix are seven spacious 1-bedroom/1-bathroom units and one larger 2-bedroom/1-bathroom unit. Plenty of off street parking for your residents as well. The location of this property is truly unbeatable, as it is conveniently situated only ONE BLOCK away from CSU, making it highly desirable for students, young professionals and faculty members alike. As a testament to its appeal, the property has consistently maintained ZERO vacancy, ensuring a stable and reliable income stream for potential investors. The rental income potential for this property is truly exceptional. With a prime location near the university and a high demand for housing in the area, prospective landlords can expect strong rental demand and the ability to secure attractive rental rates. Additionally, the recent renovations and updates throughout the building will attract quality tenants and enable higher rental premiums. This is an investor's dream come true!
MLS# 1002218

Courtesy Of Prestigio Real Estate

(970) 690-2509

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Victorian
  • Lot Size
    0.16 Acres
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath

Home seller CENTURY 21 Elevated Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Elevated Real Estate

(970) 224-1800
Learn More About Us

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