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505 e laurel street fort collins, CO 80524

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Sold On: 2024-01-26
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List Price:
$535,000

Closed Price:
$550,000


Beds: 3
 Baths: 1
 Fin SqFt: 1230
 MLS Number:
IR1001160
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Description:
Do NOT miss this Old Town Fort Collins investment opportunity! This cute turn-of-the-century gem is set on one of the most charming blocks in Old Town. Relax on the grand front porch and watch the world go by. Awesome location, just a 10-minute walk to both Old Town & CSU. Or, how about a 3-minute bike ride??? Situated on a large double lot with alley access. GREAT BONES, so many options to earn ROI and sweat equity here. Option 1: Move in and remodel into your dream Old Town home! Getting into this ideal Old Town location at this price point leaves you lots of upside value room to play with, and even more if you do some of the work yourself. Option 2: Fix 'n flip. With plenty of $800k to $1M+ sold comps in the area, you have multiple flip options at different levels of fix up. Option 3: Fix 'n rent. With just a little spruce up this would make a perfect rental property with it's close proximity to Old Town & CSU. And you can't go wrong holding Old Town property as a long term investment! BONUS OPTION: Turn the huge detached garage into an ADU with alley access. The home IS livable now, but does need some TLC in any scenario. Beautiful original hardwood floors await your refinishing under the existing carpet. FYI there is room in the floorplan to add a 2nd bath! Lots of 100+ year old homes have foundation issues, but not to worry here, the entire foundation has already been professionally reinforced. This home is solid and ready for another 100+ years! Furnace is newer. Basement has very low ceilings and is likely only to be used for storage, not living space. Come see this one today, call for showings and information/quotes on remodel.

Status: Closed
REcolorado MLS disclosures
Listing Office:
exp realty - northern co
Interior Features:
  • Open Floorplan
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  • Level
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The Brian Petrelli Team
 
The Brian Petrelli Team is your Galligans, 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 Galligans home.

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Want to see more properties in Galligans , 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 Galligans. 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!
303-726-1874



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