$800,000
For Sale

635 Stover Street

Fort Collins, CO 80524
892 sqft | 0.21 acres | #IR1031214
Listing OfficeGroup Harmony
Browse 22 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Great 1031 Tax Exchange in place for your investors! Each unit will be fully rented as of 6-1-2025 at $2,000 per month for one full year with a 5% escalation and a buyout clause if the property is sold. Each side is a fully renovated 1 bed / 1 bath unit, remodeled down to the studs with over $400,000 invested since 2020. Brand new south side fence and privacy between the units April of 2025. 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.

  • Property Details
      • InteriorEat-in Kitchen, No Stairs, Open Floorplan, Radon Mitigation System
      • Utility FeaturesElectricity Available, Natural Gas Available
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • High SchoolFort Collins
      • School DistrictPoudre R-1
      • MLS #IR1031214
      • MLS #IR1031214
      • SubdivisionOld Town
      • Original List Price$800,000
      • CountyLarimer
      • Utility SourcePublic
      • Elementary SchoolLaurel
      • Middle SchoolLesher
      • Taxes Annual$3,489
      • Cost800000
      • Property SubtypeDuplex
      • Lot DescriptionLevel
      • ViewCity
      • Acres0.21
      • Year Built1950
      • Square Feet892

Location

Terry Hunter | Hunter Homes ColoradoReal Estate Group
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