Company Logo
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Kelly Giddens
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(303) 688-6644
Mobile Phone:
(503) 866-5962
kgiddens@
bhhsrmr.com
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SOLD
$550,000
Date 01/26/2024

505 E Laurel St
Fort Collins, CO 80524

Single Family, Ranch
Residence
3
Beds
1
Baths
1,230
Sqft
0.21
Lot Size
Courtesy: The Mullenberg Team - eXp Realty - Northern CO; Phone: 970-889-0371
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.
1001160
Single Family, Ranch, Ranch, 1 Story
3
Larimer
1 Full
1908
0.21 Acres
City Water, City of Fort Collins
1
Brick,Brick Veneer,Wood Frame
City Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

Courtesy: The Mullenberg Team - eXp Realty - Northern CO; Phone: 970-889-0371
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