505 E Laurel, Fort Collins, CO 80524
505 E Laurel, Fort Collins, CO 80524
505 E Laurel, Fort Collins, CO 80524
18
$550,000
$535,000
2.8%
Est.Price: ?

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3 BD
1 BA
1,845 SqFt

505 E Laurel Fort Collins, CO 80524

Est. payment /mo
SOLD DATE : 01/26/2024

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Key Details

Sold Price $550,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 1,845 sqft

Subdivision Galligans

MLS Listing ID IRE1001160

Sold Date 01/26/24

Style Cottage,Fixer-Upper

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1908

Annual Tax Amount $2,371

Tax Year 2022

Lot Size 9,147 Sqft

Acres 0.21

Source ires

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

Community Galligans

Area Fort Collins

Zoning SFR

Rooms

Basement Partial, Unfinished

Interior

Interior Features Open Floorplan

Heating Forced Air

Cooling Ceiling Fan(s)

Appliance Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave

Exterior

Exterior Feature Oversized Garage

Garage Spaces 2.0

Fence Fenced

Utilities Available Natural Gas Available, Electricity Available

View Y/N No

Roof Type Composition

Improvements No

Porch Deck

Garage Yes

Building

Lot Description Level

Sewer Public Sewer

Water City

Architectural Style Cottage, Fixer-Upper

Level or Stories One

Structure Type Frame,Brick

New Construction false

Schools

Elementary Schools Laurel

Middle Schools Lesher

High Schools Poudre

School District Poudre

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Private Owner

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Information and Real Estate Services (IRES)
Listed by The Mullenberg Team

Nearby Locations

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Chris Mullenberg

Chris Mullenberg

Agent

+1(970) 413-1573

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