635 Stover St
Fort Collins, CO 80524
- 2 beds
- 2 baths
- – sqft
- 9,236 sqft lot
- 1950 build
- – on site
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 vacant (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.
Last checked:
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Last updated Apr 15, 2025
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MLS# 1031214 —
This property is listed in more than one place. See it here.
Upcoming Open Houses
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Friday, 4/18
4pm-5:30pm -
Saturday, 4/19
1pm-2:30pm
The Building
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Year Built:1950
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New Construction:false
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Construction Materials:Wood/Frame
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Architectural Style:Contemporary/Modern
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Structure Type:Legal Conforming
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Total SqFt:892
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Roof:Composition
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Levels:One
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Stories:1
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# of Units Total:2
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Basement:None
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Window Features:Window Coverings
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Patio And Porch Features:Patio
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Accessibility Features:Level Lot
Interior
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Interior Features:Eat-in Kitchen
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Flooring:Wood Floors
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Laundry Features:Washer/Dryer Hookups
Room Dimensions
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Living Area Units:Square Feet
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Living Area Source:Other
Financial & Terms
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Listing Terms:Cash
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Tenant Pays:Deposit
Location
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Coordinates:-105.066928, 40.578655
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Latitude:40.578655
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Longitude:-105.066928
The Property
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Property Type:Residential Income
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Property Subtype:Attached Dwelling
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Parcel Number:R0049476
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Lot Features:Curbs
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Lot Size Acres:0.21
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Lot Size SqFt:9236
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Lot Size Area:9236
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Lot Size Units:Square Feet
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Zoning:NCM
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View:City
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Possible Use:Single Family
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Exclusions:Tenant's and seller's personal property, staging items
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Horse:false
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Fencing:Fenced
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Other Structures:Storage
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Exterior Features:Lighting
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Water Source:City Water, City of FC
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Waterfront:false
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Property Attached:true
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Road Frontage Type:City Street
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Road Surface Type:Paved
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:3489
Beds
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Bedrooms Total:2
Baths
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Total Baths:2
The Listing
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Special Listing Conditions:Private Owner
Heating & Cooling
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Heating:Individual Heat Source
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Heating:true
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Cooling:Room Air Conditioner
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Cooling:true
Utilities
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Utilities:Natural Gas Available
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Gas:Natural Gas, Separate Meter Gas, Xcel
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Electric:Electric, Separate Meter Electricity, City of FC
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Sewer:City Sewer
Appliances
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Appliances:Gas Range/Oven
Schools
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Elementary School:Laurel
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Middle Or Junior School:Lesher
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High School:Ft Collins
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High School District:Poudre
The Community
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Subdivision Name:Old Town
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Association:false
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HOA Transfer Fees:No
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HOA 2 Transfer Fee:No
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Spa:false
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Senior Community:false
Parking
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Parking Features:Alley Access
Extra Units
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Bedrooms Unit 1:1
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Total Baths Unit 1:1
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Bedrooms Unit 2:1
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Total Baths Unit 2:1
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/15/25
Apr 15, 2025
|
Listed / Active | IRES | $800,000 |
