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408 w olive street fort collins, CO 80521

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List Price:
$550,000

Closed Price:
$550,000


Beds: 3
 Baths: 2
 Fin SqFt: 1463
 MLS Number:
IR1006550
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Description:
Are you in search of an investment opportunity in the heart of Old Town? Look no further than 408 W Olive Street. This well-maintained property boasts not only a desirable location but also incredible potential for returns. Situated in the sought after Old Town West, this property also enjoys proximity to CSU, making it an ideal spot for anyone seeking a convenient and vibrant lifestyle. Walkable to amenities such as Lucile's, The Lincoln Center, Mulberry Pool and all of the shopping, dining and entertainment that Old Town provides. Residents will experience the true essence of Old Town living in this location. Featuring 3 bedrooms and 2 bathrooms, this cute 1953 ranch style home offers accommodation suitable for various living arrangements. Whether you're looking to attract tenants or envisioning a cozy family home or the opportunity of a Primary Short-Term Rental in the basement bedrooms while you occupy the main level, this property caters to a diverse range of needs. Currently leased at $1400 with two tenants, this investment gem presents an opportunity for future cash flow. However, it's worth noting that the current lease is under market value, presenting the perfect chance for savvy investors to maximize returns. With the lease up for renewal on June 30th, there's room to adjust rental rates to reflect the true value of this prime location. Step outside into the fenced backyard with the patio offering space for relaxing, room for your pets to roam and space for gardening. The lawn sprinkler in both the front and backyards makes lawn care easy. In the dynamic world of real estate investment, location is key, and 408 W Olive Street ticks all the boxes. With its prime Old Town location, spacious layout, and under rented lease, this property presents an irresistible opportunity for investors seeking to capitalize on the booming Fort Collins market. Don't miss out on this chance to own a piece of Old Town charm while enjoying the lucrative rewards it offers.

Status: Closed
REcolorado MLS disclosures
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Interior Features:
  • Eat-in Kitchen
  • Radon Mitigation System
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Site Features:
  • Historical District
  • Level
  • Sprinklers In Front
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The Brian Petrelli Team
 
The Brian Petrelli Team is your Old Town, fort collins home specialist.

Our team of local fort collins experts have over 200 years of combined expertise in the Colorado Real Estate market. Give us a call today to put our knowledge and experience to work for you as you buy or sell your next Old Town home.

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Want to see more properties in Old Town , fort collins or the surrounding areas? Email us for a full list at properties@petrelliteam.com.

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Call us today and find out why we're leaders for Houses in fort collins, Colorado and the most most qualified REALTORS in Old Town. We can show you any available home in fort collins, Colorado and provide you with the expertise and knowledge to make sure you get the best value for your money. In addition, we have access to $0 down mortgage programs to make financing easier. What are you waiting for? Call us today!
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The content relating to real estate for sale in this web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than The Brian Petrelli Team are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
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