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  • $550,000

    505 E Laurel St, Fort Collins, CO 80524

    3beds
    1,845sqft
    Residential-Detached, Residential
    Built in 1908
    9,148 sqft lot
    $547,200 Zestimate®
    $298/sqft
    $-- HOA

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: August 02, 2024 at 06:49am

    Listed by:

    The Mullenberg Team 970-889-0371,

    eXp Realty - Northern CO,

    Chris Mullenberg 970-413-1589,

    eXp Realty - Northern CO

    Bought with:

    Lareanna Roth

    Hops & Homes

    Source: IRES,MLS#: 1001160MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 3
    Primary bedroom
    • Area: 144
    • Dimensions: 12 x 12
    Bedroom 2
    • Area: 121
    • Dimensions: 11 x 11
    Bedroom 3
    • Area: 110
    • Dimensions: 10 x 11
    Kitchen
    • Area: 140
    • Dimensions: 10 x 14
    Living room
    • Area: 350
    • Dimensions: 25 x 14
    Heating
    • Forced Air
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
    Features
    • Open Floorplan, Open Floor Plan
    • Windows: Window Coverings
    • Basement: Partial,Unfinished
    Interior area
    • Total structure area: 1,845
    • Total interior livable area: 1,845 sqft
    • Finished area above ground: 1,230
    • Finished area below ground: 615

    Property

    Parking
    • Total spaces: 2
    • Parking features: Oversized
    • Garage spaces: 2
    • Details: Garage Type: Detached
    Features
    • Stories: 1
    • Patio & porch: Deck
    • Fencing: Fenced
    Lot
    • Size: 9,148 sqft
    • Features: Level
    Details
    • Additional structures: Storage
    • Parcel number: R0054895
    • Zoning: SFR
    • Special conditions: Private Owner

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage/Bung,Ranch
    • Property subtype: Residential-Detached, Residential
    Materials
    • Wood/Frame, Brick
    • Roof: Composition
    Condition
    • Fixer, Not New, Previously Owned
    • New construction: No
    • Year built: 1908

    Utilities & green energy

    • Electric: Electric
    • Gas: Natural Gas
    • Sewer: City Sewer
    • Water: City Water, City of Fort Collins
    • Utilities for property: Natural Gas Available, Electricity Available

    Community & neighborhood

    Location
    • Region: Fort Collins
    • Subdivision: Galligans

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
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    Estimated market value

    $547,200

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $547,200