Fort Collins, CO 80524,505 E Laurel ST
Fort Collins, CO 80524,505 E Laurel ST
Fort Collins, CO 80524,505 E Laurel ST
Fort Collins, CO 80524,505 E Laurel ST
Fort Collins, CO 80524,505 E Laurel ST
Fort Collins, CO 80524,505 E Laurel ST
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$550,000

$535,000

2.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3 Beds

1 Bath

1,230 SqFt


SOLD DATE : 01/26/2024

Key Details

Sold Price $550,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,230 sqft

Price per Sqft $447

Subdivision Galligans

MLS Listing ID IR1001160

Sold Date 01/26/24

Style Cottage

Bedrooms 3

Full Baths 1

HOA Y/N No

Originating Board recolorado

Year Built 1908

Tax Year 2022

Lot Size 9,147 Sqft

Acres 0.21

Property 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.

Location

State CO

County Larimer

Zoning SFR

Rooms

Basement Partial, Unfinished

Main Level Bedrooms 3

Interior

Interior Features Open Floorplan

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplace N

Appliance Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer

Exterior

Garage Oversized

Garage Spaces 2.0

Utilities Available Electricity Available, Natural Gas Available

Roof Type Composition

Parking Type Oversized

Total Parking Spaces 2

Building

Lot Description Level

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,Wood Frame

Schools

Elementary Schools Laurel

Middle Schools Lesher

High Schools Fort Collins

School District Poudre R-1

Others

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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REColorado (REColorado MLS)
Listed by eXp Realty - Northern CO • 9708890371
Bought with Hops & Homes

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