120 Peterson Street
Fort Collins, CO 80524
- – beds
- – baths
- 2,080 sqft
- 3,220 sqft lot
- $576 per sqft
- 1912 build
- – on site
Earning a 5% cap rate, this well-established four-plex with excellent rental history is located in a prime old town/downtown Fort Collins location. The property consists of four 1 bed/1 bath units. Three units will be available by July 31 - new leases can be put in place by the new owner and there is the potential for very high rents. This coveted location is only one block from Old Town Square and one block from the library. The extremely well maintained property has a newer boiler for heating (hot water radiators), updated electrical, updated plumbing, and all have remodeled kitchens and baths. The sellers will install a new roof before closing. In addition to good mechanicals there are charming features like exposed brick, arched doorways and hardwood floors. Tenants share the clothes washer/dryer in the basement and the detached garage and shed provide 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:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated May 16, 2025
•
MLS# IR1030095 —
This property is listed in more than one place. See it here.
The Building
-
Year Built:1912
-
Construction Materials:Stucco
-
Building Area Total:2080
-
Building Area Source:Assessor
-
Roof:Composition
-
Levels:Two
-
Basement:true
-
Number Of Units Total:4
-
Property Attached:true
Interior
-
Flooring:Wood
Financial & Terms
-
Ownership:Individual
-
Possession:Closing/DOD
Location
-
Latitude:40.58614
-
Longitude:-105.07165
The Property
-
Property Type:Residential Income
-
Property Subtype:Quadruplex
-
Parcel Number:R0044245
-
Possible Use:Multi-Family
-
Zoning:OT-C
-
Lot Features:Sprinklers In Front
-
Lot Size Acres:0.07
-
Lot Size SqFt:3,220 Sqft
-
Exclusions:Personal property of tenants
-
Fencing:Partial
-
Road Frontage Type:Public
Listing Agent
- Contact info:
- Agent phone:
- (720) 935-2469
- Office phone:
- (720) 935-2469
Taxes
-
Tax Year:2024
-
Tax Annual Amount:$4,765
Heating & Cooling
-
HVAC Description:Room Air Conditioner,Ceil
-
Heating:Hot Water
-
Cooling:Air Conditioning-Room, Ceiling Fan(s)
Utilities
-
Utilities:Electricity Available, Natural Gas Available
-
Sewer:Public Sewer
-
Sewer Tap:No
-
Water Source:Public
Appliances
-
Appliances:Dishwasher, Dryer, Oven, Refrigerator, Washer
Schools
-
Elementary School:Laurel
-
Elementary School District:Poudre R-1
-
Middle Or Junior School:Lesher
-
High School:Fort Collins
-
High School District:Poudre R-1
The Community
-
Subdivision Name:Ftc
-
Association Amenities:Laundry, Storage
-
Association:false
Parking
-
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).
