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David Mathewes

david@chiqdenver.com +1(303) 578-7900

$ 995,000

Est. payment | -/mo

0.31 Acres Lot

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$ 995,000

Est. payment | -/mo

Save Virtual Tour

0.31 Acres Lot

Key Details

Property Type Other Types

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Pitner Estates

MLS Listing ID IR1050391

HOA Y/N No

Year Built 1972

Lot Size 0.314 Acres

Acres 0.31

Property Sub-Type Quadruplex

Property Description

Rare and exceptional investment opportunity in the heart of Fort Collins! This fully occupied, turnkey 4-plex offers reliable rental income in one of the city's most desirable and convenient locations. Situated on a quiet dead-end street with direct access to Landings Park and trails, this property combines walkable urban living with a peaceful neighborhood feel. Each of the four spacious 2-bedroom, 1-bath units has been remodeled and updated, featuring modern finishes and inviting living spaces that attract long-term tenants. The building has been well maintained with a newer boiler, fresh exterior paint, and a roof approximately 10 years old-ensuring low maintenance and dependable cash flow for years to come. Tenants enjoy ample on-site parking and easy access to major commuting routes as well as the popular Midtown corridor, offering shops, restaurants, breweries, and entertainment all within walking distance. Outdoor enthusiasts will love being minutes from Spring Creek Trail, Edora Park, and local open spaces, perfect for biking, walking, and connecting to the larger Fort Collins trail system. The current owners have intentionally maintained below-market rents, with comparable units in the area achieving $1,500-$1,600 per month, indicating a strong value-add opportunity with projected gross annual income of approximately $75,000. Whether you're a seasoned investor or looking to expand your portfolio, this turnkey multi-family property is a rare find in a thriving rental market. Strong rental history, desirable location, and solid updates make this an incredible opportunity in Fort Collins!

Location

State CO

County Larimer

Zoning HC

Rooms

Basement None

Interior

Interior Features Eat-in Kitchen

Heating Baseboard, Hot Water

Appliance Oven, Refrigerator

Exterior

Exterior Feature Balcony

Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected

Amenities Available Laundry, Storage

Waterfront Description Public

Roof Type Composition

Porch Patio

Private Pool No

Building

Lot Description Cul-De-Sac

Story Two

Sewer Public Sewer

Water Public

Schools

School District Elementary: Poudre R-1, High: Poudre R-1

Others

Tax ID R0230332

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Listed byRE/MAX Alliance-Nederland

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David Mathewes

Employing Broker License ID: 100013250

david@chiqdenver.com

+1(303) 578-7900

1499 W 120th Suite 110, Westminster, CO 80234, United States

4500 Stover ST Fort Collins, CO 80525

David Mathewes

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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4500 Stover ST