722 Remington Street, Fort Collins

$2,500,000

7 Beds
6 Baths
5,148 Sqft
.16 Acres
0 Garages

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!

Essential Information
MLS® #1002218
Price$2,500,000
Bedrooms7
Bathrooms6.00
Square Footage5,148
Acres0.16
Year Built1905
TypeResidential Income
Sub-TypeAttached Dwelling
StyleVictorian
StatusActive
Community Information
Address722 Remington Street
AreaFort Collins
SubdivisionCity of Fort Collins
CityFort Collins
CountyLarimer
StateCO
Zip Code80524
Utilities

Natural Gas Available, Electricity Available

Interior
HeatingRadiator
# of Stories3
StoriesThree Or More
Has BasementYes
BasementFull, 25%+Finished Basement
Appliances

Electric Range/Oven, Refrigerator

Exterior
Exterior FeaturesLighting
Lot DescriptionCurbs, Gutters, Sidewalks
RoofComposition
ConstructionBrick/Brick Veneer
School Information
DistrictPoudre
ElementaryLaurel
MiddleLesher
HighFt Collins
Additional Information
Days on Market14
ZoningCOM/RES
Listing Details
OfficePrestigio Real Estate
Office Contact9706902509
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Listing information last updated on May 17th, 2024 at 3:49am MDT.