Connie Kraska Denver Real Estate Agent
MLS: 8516336 $3,499,000
5 Bedrooms with 6 Baths629 S HOWES ST FORT COLLINS CO 80521
FORT COLLINS CO 80521MLS: 8516336
Status: ACTIVE
List Price: $3,499,000
Price per SQFT: $1,473
Square Footage: 23755 Bedrooms
6 Baths
Year Built: 1910
Zip Code: 80521
Listing Remarks
Attention Investors, Builders, and Developers! Located just 200 yards from the Colorado State University campus, 629 S. Howes offers a rare opportunity to own a property with both charm and Approved, permit ready development plans! Situated on a spacious 18,981 square foot lot (0.44-acre). This property features an existing historical house with two separate units which have both undergone extensive & exquisite upgrades, providing modern finishes while preserving the property's historic appeal Existing Main Unit: 3 bedrooms, 3.5 bathrooms. Existing Secondary Unit: 2 bedrooms, 2 bathrooms. Both units are currently leased through May 2025 The approved plans show an additional 12 units (30 beds), with a mix of 3 studio apartments and 9 three-bedroom units. The project was approved as a result of the amazing work product done by: Northern Engineers, AU Workshop and the TB Group. These plans represent a prime opportunity for maximizing rental income in a high-demand area, by avoiding the highly volatile & unpredictable entitlement process. With development possibilities, this property is ready for either a quick redevelopment using the approved plans or a custom project tailored to your goals. Whether you're looking for a project with immediate income potential or seeking to design your own future development, 629 S. Howes presents a flexible, approved, high-potential opportunity in a sought-after location. Broker is a related party to Seller.
Address: 629 S HOWES ST FORT COLLINS CO 80521 FORT COLLINS CO 80521
Listing Courtesy of CARLSON ASSOCIATES 303-457-2966
Condo Mania Agent
Connie Kraska
LIV Sotheby's International Realty
Broker Associate
Phone: 720.309.2862
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Private Owner LISTING CONTRACT DATE: 2024-11-11 BEDROOMS: 5 BATHROOMS FULL: 5 BATHROOMS THREE QUARTER: 0 BATHROOMS HALF: 1 LIVING AREA SQ FT: 2375 BUILDING AREA TOTAL: 2375 YEAR BUILT: 1910 TAXES: $4,843 APPLIANCES INCLUDED: Refrigerator, Washer, Microwave CONSTRUCTION: Brick/Brick Veneer, Wood Siding, Concrete EXTERIOR FEATURES: Private Yard, Balcony HEATING: Forced Air COOLING: Central Air # GARAGE SPACES: 8 PROPERTY TYPE: Attached Dwelling PROPERTY SUB TYPE: Attached Dwelling ROOF: Composition LISTING AGENT: ETHAN CARLSON LISTING OFFICE: CARLSON ASSOCIATES
Estimated Monthly Payments
List Price: $3,499,000 20% Down Payment: $699,800 Loan Amount: $2,799,200 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $17,693 Estimate does not include taxes, fees, insurance.
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Property Location: 629 S HOWES ST FORT COLLINS CO 80521 FORT COLLINS CO 80521
This Listing Active Listings Nearby
Condo Mania Agent
Connie Kraska
LIV Sotheby's International Realty
Broker Associate
Phone: 720.309.2862
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Last Updated: 2024-11-18 05:09:41