Metro Denver Luxury Homes For Sale

Property 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!

Features
: Radiant, Baseboard
: Sump Pump, Full
: Partial
: Fire Sprinkler System
: Dryer, Dishwasher, Refrigerator, Washer, Oven, Double Oven
: Contemporary
: Spanish Tile
: Public Sewer
Address Map
CO
Larimer
Fort Collins
80524
Elizabeth
201
Street
W106° 55' 29.4''
N40° 34' 26.6''
E
Additional Information
: Brick
West
Laurel
: Wood
Fort Collins
: Open Floorplan, Eat-in Kitchen
Yes
Yes
Cash, Conventional
Lesher
Group Mulberry
R0057967
: House
Crafts
$8,858
2023
: Electricity Available, Natural Gas Available
OT-C
11/12/2024
5369
Active
Poudre R-1
Poudre R-1
In Unit
11/14/2024
Residential
11/12/2024
Public
: Two

Crafts

201 E Elizabeth Street, Fort Collins, CO 80524

9 Bedrooms
6 Total Baths
5,369 Square Feet
$1,850,000
Listing ID #IR1022159
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : IR1022159
Price : $1,850,000
Bedrooms : 9
Rooms : 17
Total Baths : 6
Full Bathrooms : 1
3/4 Bathrooms : 4
1/2 Bathrooms : 1
Square Footage : 5,369 Square Feet
Year Built : 1924
Lot Acres : 0.43
Property Sub Type : Single Family Residence
Status : Active
Originating System Name : REcolorado
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