120 Peterson Street
Fort Collins, CO 80524
- – beds
- – baths
- 2,080 sqft
- 3,220 sqft lot
- $612 per sqft
- 1912 build
- – on site
This is a unique opportunity to purchase a well-established four-plex with excellent rental history in a prime old town/downtown Fort Collins location. The property consists of four 1 bed/1 bath units. This coveted location is only one block from Old Town Square and one block from the library. In addition, it's located in the City of Fort Collins primary short term rental area. There are good long-term tenants - two may want to stay on and two plan to vacate. The property is extremely well maintained including a newer boiler for heating (hot water radiators), updated electrical throughout, updated plumbing, and all have remodeled kitchens and baths. Along with good mechanicals there are charming features like exposed brick, hardwood floors, even radiant floor heat in two of the units. Tenants share the clothes washer/dryer in the basement and the detached garage and shed provides shared storage. Sellers are participating in a 1031 exchange and the sale will be contingent upon finding a replacement property. Buyers to verify all information.
Last checked:
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Last updated Apr 3, 2025
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MLS# IR1030095 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1912
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Construction Materials:Stucco
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Roof:Composition
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Basement:true
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Levels:Two
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Building Area Total:2080
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Building Area Source:Assessor
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Property Attached:true
Interior
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Flooring:Wood
Location
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Directions:From Mountain Ave. turn south on Peterson. Home is on the east side of the street.
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Latitude:40.58614
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Longitude:-105.07165
The Property
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Property Type:Residential Income
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Property Subtype:Quadplex
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Parcel Number:R0044245
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Possible Use:Multi-Family
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Zoning:OT-C
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Lot Features:Sprinklers In Front
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Lot Size Acres:0.07
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Lot Size SqFt:3220
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Exclusions:Personal property of tenants
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Fencing:Partial
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Road Frontage Type:Public
Listing Agent
- Contact info:
- Agent phone:
- (720) 935-2469
- Office phone:
- (720) 935-2469
Taxes
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Tax Year:2024
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Tax Annual Amount:4765
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Tax Legal Description:N 70 FT OF LOT 9 LESS E 4 FT BLK 151 FTC AKA N 70 FT OF THE W 46 FT OF LOT 9 BLK 151 FTC
Heating & Cooling
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Heating:Hot Water
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Cooling:Air Conditioning-Room, Ceiling Fan(s)
Utilities
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Utilities:Electricity Available, Natural Gas Available
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Dryer, Oven, Refrigerator, Washer
Schools
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Elementary School:Laurel
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Elementary School District:Poudre R-1
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Middle Or Junior School:Lesher
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High School:Fort Collins
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High School District:Poudre R-1
The Community
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Subdivision Name:Ftc
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Association Amenities:Laundry, Storage
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Association:false
Parking
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Parking Total:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
