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Home » Real Estate » CO » Fort Collins » 80524 » 722 Remington St, Fort Collins, CO, 80524
$2,500,000

722 Remington St, Fort Collins, CO, 80524

7 Beds
6 Baths
5,148 Square Feet
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!
Offered By
Luke Angerhofer 9706902509, Prestigio Real Estate

Property Details

Property Type Residential Income
Status Active
Bedrooms 7
Property Sub Type Attached Dwelling
Square Feet 5,148
MLS # 1002218

Market Trends

New Properties On Market
98
11% Increase In New Listings
Average Asking Price
$754,126
$70,263 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$294
$33 Increase In List Price/Sq. Ft.
Average Days On Market
21
17 Day Decrease In Days On Market
Data as of May 19, 2024. Remaining statistics above are calculated on activity within the period from Mar 01, 2024 to Apr 30, 2024.
Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 5/16/2024 at 2:51 am