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$1,850,000
9 Beds
1, 5 half Baths
5,369 SqFt
0.43 Acre Lot
18,870 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built 1924
Neighborhood Crafts
Days on Website 13

Property Map

$1,850,000 – 201 E Elizabeth Street, Fort Collins, CO 80524

Street View

Courtesy of Group Mulberry {attribution_contact}

Description

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!

Property Details and Features

Property Access

  • Road Frontage Type: “Public”
  • Road Surface Type: “Alley Paved”, “Paved”

Appliances & Equipment

  • “Dishwasher”, “Double Oven”, “Dryer”, “Oven”, “Refrigerator”, “Washer”

Basement

  • Basement
  • “Full”, “Sump Pump”
  • Bathrooms: 1
  • Bedrooms: 2

Bathrooms

  • 6 total baths
  • 1 half bath
  • 4 3/4 baths
  • 1 full bath
  • 2 bathrooms on the main level
  • 3 bathrooms on the upper level

Bedrooms

  • 9 total bedrooms
  • 1 bedroom on the main level
  • 3 bedrooms on the upper level

Building

  • Above Grade Finished Area: 3449
  • Architectural Style: “Contemporary”
  • Below Grade Finished Area: 1920
  • Below Grade Unfinished Area: 0.00
  • Construction Materials: “Brick”
  • Direction Faces: West
  • Levels: “Two”
  • Living Area: 5369
  • Occupant Type: Vacant
  • Room Count: 17
  • Structure Type: “House”
  • Total Area: 5369
  • Built in 1924

Disclosures

  • Attribution Contact: 9704815689
  • Exclusions: Personal Property

Fence

  • Fencing: “Partial”

Floors

  • Flooring: “Wood”

Heating

  • Heating: “Baseboard”, “Radiant”

Interior Features

  • Features: “Eat-in Kitchen”, “Open Floorplan”

Laundry

  • Features: “In Unit”

Listing

  • Listing Id: RECIR1022159
  • Standard Status: Active
  • Mls Status: Active
  • Listing Contract Date: 2024-11-12
  • Listing Terms: “Cash”, “Conventional”
  • Original List Price: $1,850,000

Location

  • County Or Parish: Larimer
  • Subdivision Name: Crafts

Lot

  • Acres: 0.43
  • Parcel Number: R0057967
  • Square Feet: 18870

Owner Pays

  • Ownership: Individual

Parking

  • Parking Total: 0

Possession

  • “Closing/DOD”

Property

  • Possible Use: “Residential”
  • Property Sub Type: Single Family Residence
  • Zoning: OT-C

Roof

  • Roof: “Spanish Tile”

Schools

  • Elementary School: Laurel
  • Elementary School District: Poudre R-1
  • Middle Or Junior School: Lesher
  • High School: Fort Collins
  • High School District: Poudre R-1

Security Features

  • Features: “Fire Sprinkler System”

Sewer

  • Sewer: “Public Sewer”

Taxes

  • Annual Amount: 8858
  • Legal Description: LOT 2 AND THE NORTH 20 FEET OF LOT 3, BLOCK 5, CRAFT’S RESUBDIVISION OF LAKE PARK ADDITION TO THE CITY OF FORT COLLINS, COUNTY OF LARIMER, STATE OF COLORADO
  • Tax Year: 2023

Utilities

  • Utilities: “Electricity Available”, “Natural Gas Available”
  • Water Source: “Public”

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