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Nicole Simmons

nicolesellscos@gmail.com +1(512) 961-2380

$ 800,000

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635 Stover ST Fort Collins, CO 80524

9,147 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Old Town

MLS Listing ID IR1031214

Style Contemporary

HOA Y/N No

Originating Board recolorado

Year Built 1950

Annual Tax Amount $3,489

Tax Year 2024

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Duplex

Property Description

Have it your way with this incredible investment opportunity offering a 5.6% cap rate and flexible living or rental options. The south side unit is available (each unit is a mirror image) ideal for owner-occupancy or new tenancy-while the north side tenant can stay or vacate at the end of their lease in early May. The current lease allows for an increase in the rents to be discussed. Each side is a fully renovated 1 bed / 1 bath unit, remodeled down to the studs with over $400,000 invested since 2020. The exterior boasts new siding, doors, windows, and roof, along with covered front porches, private backyard patios with pergolas, professional landscaping, drip irrigation, planter boxes, fruit trees, storage sheds, and a shared paver patio complete with gas grill, firepit, and hammock posts. Inside, everything is new-plumbing, electrical, appliances, kitchens, and bathrooms-with real hardwood floors, on-demand tankless water heaters, spray-foam insulation, and efficient mini-split heating and cooling systems, bathrooms with heated flooring. Major utility upgrades include a new gas meter, sewer line, water lines to the home and backyard, and completely updated interior systems including active radon mitigation. Turn-key, high-quality duplex that offers lifestyle and investment returns all in one. Short-term rentals allowed if one side is occupied by the property owner for at least 9 months a year. Pre-inspected for your peace of mind.

Location

State CO

County Larimer

Zoning NCM

Rooms

Basement None

Interior

Interior Features Eat-in Kitchen, No Stairs, Open Floorplan, Radon Mitigation System

Heating Wall Furnace

Cooling Air Conditioning-Room

Flooring Wood

Fireplace N

Appliance Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Fence Fenced

Utilities Available Electricity Available, Natural Gas Available

View City

Roof Type Composition

Building

Lot Description Level

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

Schools

Elementary Schools Laurel

Middle Schools Lesher

High Schools Fort Collins

School District Poudre R-1

Others

Ownership Individual

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.wellcomemat.com/mls/1el52be3cb1a1m3he

Listed by Group Harmony • 9706915201

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Nicole Simmons

+1(512) 961-2380

nicolesellscos@gmail.com

Nicole Simmons

635 Stover ST Fort Collins, CO 80524

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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635 Stover ST