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508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
508-508 Olive, Fort Collins, CO
Home > Back to Search Results > sale

508-508 W Olive Street Bldg , Unit A&B

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Active Fort Collins, CO 80521 MLS# IR986657 Listed by Bobby Khan on 05/01/2023
$1,249,000
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Multi-Family Property Type
0 Bedroom
0 Bathroom
0 Garage
3414.00 Sq Ft
0.23 Acres
1918 Year Built
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Features
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Overview

Unbelievable and rare investment opportunity for these 2 homes located in the Heart of Old Town Fort Collins & just minutes from CSU. The 2 Story main home consists of 6 bedrooms & 3 baths. The separate Carriage house has an additional 1 bedroom 1 bath w/ STR license. Carriage house has amazing rental history through vrbo for years (could be doubled if they used Air bnb as well). Carriage house comes fully furnished and turn key. Upgrades are: New roof on both main & carriage house, gutters, interior and exterior paint. New kitchen cabinets, tile, and countertops. New main level bath. Refinished wood floors, new laminate floors on main & new flooring in basement. New enclosed front porch & landscape. New fence, driveway & stamped concrete patio. Carriage house has been remodeled too. Guests and tenants can each enjoy their own private yards/patios and parking areas too. This is an amazing opportunity, live in one and rent the other. The Main house can be used as a STR, if the carriage house is used as your primary. Endless possibilities for these beautiful Old Town FTC homes.

New Home Sales Hours

Courtesy Of Integrity Realty
Source: IRES

View On IRES

Upcoming Open Houses

  • Sat, Jun 10th 12:00 PM - 2:00 PM

Features

Leasing Information

Leasing Details
  • Application Fee $
  • Availability Date
  • Corporate Rental?
  • Deposits Potentially Refundable
  • Existing Lease Type
  • Lease Amount $
  • Lease Description
  • Lease Duration
  • Liability Insurance Required
  • Owner Pays
  • Rent Deposit
  • Rental Application
  • Security Deposit $
Pet Details
  • Pet Deposit
  • Pet Rent
  • Pets Allowed

Interior Features

Summary

  • Year Built Effective
Click to View More Details
Basement Details
  • Basement? Yes
  • Basement Full
  • Basement Ceiling Height
Fireplace Detail
  • Fireplace Features
  • No. of Fireplaces
Square Foot Details
  • SqFt 3,414
  • Living Area, Finished
  • Above grade, Finished
  • Basement, Finished
  • Basement, Unfinished
  • PSF Total $
  • PSF Finished $
  • PSF Above Grade $
Use details
  • Leaseable Area
  • Office Area
  • Retail Area
  • Warehouse Area
Other
  • Accessibility Features
  • Appliances Dishwasher,Oven,Refrigerator
  • Building Class
  • Building Features
  • Ceiling Height
  • Common Walls
  • Exclusions
  • Flooring Wood
  • Furnished
  • Interior Features Eat-in Kitchen,Open Floorplan
  • Laundry Availability In Unit
  • Security Features
  • Spa Features
  • Window Features

Room Details

Bathroom Details Total Bathrooms:
  • Full Baths 1/2 Baths 1/4 Baths 3/4 Baths
  • Total Bathrooms
Bathroom Location Details
  • Main Level Upper Level Lower Level Basement
Bedroom Location Details Total Bedrooms:
  • Main Level Upper Level Lower Level Basement
  • 0 0 0 0
More Room Details
  • Room Level Room Type Room Description Room Width Room Length

Unit Information

Summary

  • Number of Units 2
  • Number of Units Furnished
  • Number of Units Vacant
  • Unit Features
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Single Unit Details
  • Unit Type 1 Bedroom
  • Total Units
  • Average Rent
  • Average SqFt 495.00
  • Dishwashers
  • Washers
  • Dryers
  • Hookups
  • Refrigerators
  • Stoves
  • Air Conditions
  • Fireplaces
  • Storage Units
  • Description
  • Actual Rent
  • Total Rent
  • Bedrooms Per Unit 1
  • Bathrooms per Unit 1
  • Parking Per Unit 2
  • Unit Type 4 Bedroom Or More
  • Total Units
  • Average Rent
  • Average SqFt 2919.00
  • Dishwashers
  • Washers
  • Dryers
  • Hookups
  • Refrigerators
  • Stoves
  • Air Conditions
  • Fireplaces
  • Storage Units
  • Description
  • Actual Rent
  • Total Rent
  • Bedrooms Per Unit 6
  • Bathrooms per Unit 3
  • Parking Per Unit 2

Exterior/Lot Features

Summary

  • Available Elevations
  • Entry Location
  • Faces
  • Horse Amenities
  • Horse Property
  • Levels Two
  • Stories
  • Structure Type
  • Unit Floor #
  • View City
Click to View More Details
Builder Details
  • Builder
  •  
  • Completion Time From Groundbreaking
  • Model Type
Construction details
  • Architecture Cottage
  • Construction Materials Wood Frame
  • Foundation Details
  • Roof Composition
Exterior Details
  • Dock Features
  • Door Features
  • Exterior Features
  • Fencing
  • Number of Docks
  • Number of Doors
  • Number of Storage Units
  • Other Equipment
  • Other Structures
  • Patio And Porch Features Deck,Patio
  • Pool Features
  • Ski Features
Livable Structure Details
  • Type Bedrooms Bathooms Sq Ft Flooring Description
Lot Details​​​​​​​
  • Acres Leased
  • Crop Acres
  • Cultivated Acres
  • Features Level,Sprinklers In Front
  • Irrigated Acres
  • Lot Number
  • Lot Size Acres 0.23
  • Lot Size Dimensions
  • Lot Size SqFt 10,019
  • Sq Ft
  • Pasture Acres
  • Price Per Acre $5,430,434.78
  • Vegetation Wooded
  • Waterfront Features
Mobile Details
  • Make
  • Model
  • Body Type
  • Exterior Dimensions x
  • Skirt
Outbuilding details
Road details
  • Access
  • Road Responsibility
  • Road Surface Alley Paved,Paved

Parking/Garage

Parking Space Summary

  • Parking Features
  • Total Parking Spaces
  • Garage Spaces
  • Total Carport Spaces
  • Total Offstreet Spaces
  • Total Reserved Spaces
  • Total RV Spaces
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Parking Space Details

Utilities & Green Home Features

Summary

  • Cooling Air Conditioning-Room
  • Green Energy Efficient
  • Heating Forced Air
  • HVAC Description Room Air Conditioner
Click to View More Details
Green Ratings
  • Green Certification Level Certified Year Certified Score
Power Production Details
  • Type Size Year Installed Ownership Lease Amount Purchase Agreement Amount
Sewer
  • Sewer
  • Sewer Fee
  • Sewer Tap Paid YN 0
Utilities details
  • Electric Service
  • Gas Tap Fee
  • Gas Tap Paid YN
  • Utilities Natural Gas Available
Water / Well
  • Irrigation Source
  • Issued Well Permit Numbers
  • Water Available
  • Water Source Public
  • Well Type
  • Well Usage
  • Water Fees
  • Water Tap Paid?
  • Water/Mineral Rights

Association Information

HOA Summary

  • Amenities Completed
  • Amenities Opening
  • Association Amenities
  • Association(s) No
  • HOA Fee Includes
  • Total Annual HOA Fees $
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1st HOA
  • HOA
  • Type
  • Fee $
  • Phone
  • Total Annual Fee $
  • Website
2nd HOA
  • HOA
  • Type
  • Fee $
  • Phone
  • Total Annual Fee $
  • Website
3rd HOA
  • HOA
  • Type
  • Fee $
  • Phone
  • Total Annual Fee $
  • Website
Restrictions & Covenants
  • Pets Allowed
  • Rentals Allowed
  • Restrictions
  • Restrictions Other
  • Restrictions/Covenants? No

Financial Considerations

Summary

  • Cap Rate 12.05
  • Cap Rate Calculation
Click to View More Details
Actual expense details
  • Operating Expense $14444.00
Commission Information
  • Buyer Agency Compensation
  • Compensation Offered
  • Dual Variable Compensation No
  • Commission Modified
  • Closing Comments
Income details
  • Actual Annual Net Income $
  • Gross Income $235,000
  • Income Includes Rent Only
  • Income Includes Description
Landleasing details
  • Land Lease Amount
  • Land Lease Amount Frequency
  • Land Lease?
Projected
  • Other Annual Income $
  • Potential Rental Income Annual $
  • Projected Annual Expense $
  • Projected Annual Net Income $
  • Projected Gross Income $
  • Projected Gross Operating Income $165,000
  • Projected Gross Scheduled Income $
  • Vacancy Credit Losses
Tax details
  • Annual Tax $2,744
  • Legal Description COM 40 FT E OF SW COR LOT 1, BLK 72, FTC, E 45 FT, N 55 FT, W 45 FT, S 55 FT TO BEG; AND PT LOT 1, BLK 72, FTC, WH BEG AT NW COR SD LOT 1, TH ALG N LN OF SD LOT 1, E 85 FT,S 45 FT, W 85 FT TO E LN OF ALLEY, TH ALG SD E LN N 45 FT TPOB
  • Tax Exemptions
  • Tax ID
  • Tax Year 2022
Other
  • Tenant Pays
  • Utilities Metering
  • Utilities Paid By Tenant

Neighborhood

Summary

  • Building Name
  • Development Name
  • Park Name
  • Senior Community No
  • Subdivision Old Town West
Click to View More Details
New Home Community
  • Community Description
  • Community MLS #
  • Community Name
  • Community Opening
  • Community Website
  • Current Promotions
  • Development Status
  • Directions from Agent
  • Move In Date
  • New Home Available Options
  • New Home Land MLS #
  • New Home Plan MLS #
Zoning Details
  • Current Use
  • Incorporated? No
  • Zoning NCM
  • Zoning Jurisdiction

Other

Business Details
  • Business Amenities
  • BusinessDescription
  • BusinessType
  • Year Established
History
  • Original List Price $1,395,000
Partial Ownership Details
  • Partial Ownership Amount
  • Week Remarks
  • Weeks Available
Other
  • Home Warranty
  • Ownership Individual
  • Possession Closing/DOD
  • Special Listing Conditions
  • Year Built 1918

Mortgage Calculator

School Zone

District: Poudre R-1
Schools: Dunn Elementary School, Poudre High School, Lincoln Middle School

Area Map

Walk Score

Bike Score

Bike Score

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Transit Score

Transit Score

0 description summary
Walk Score

Walk Score

0 description
Walk Score
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6455 South Yosemite Street, Suite 300
Greenwood Village, CO 80111
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  • Monday - Friday: 8:00 AM to 5:00 PM
  • Phone: (303) 850-9576
  • Fax: (303) 850-9637​​​​​​​
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