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Brian Sells

brian@briansells.com +1(303) 877-8005

$ 185,000

Est. payment | -/mo

5,990 Sqft Lot

Save

$ 185,000

Est. payment | -/mo

Save

5,990 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Old Town North 4Th Fil

MLS Listing ID IR1030284

HOA Fees $110/mo

HOA Y/N Yes

Lot Size 5,990 Sqft

Acres 0.14

Property Sub-Type Improved Land

Property Description

Price SUBSTANTIALLY reduced! Attention Investors & Savvy Homebuilders! Here's an exceptional opportunity in Fort Collins: 556 Cajetan St is a prime corner lot with unmatched development potential in a high-demand locale. Positioned just steps from New Belgium Brewery and the Poudre Whitewater Park, this property is a strategic asset in one of the city's most vibrant neighborhoods. For investors, this lot is a dream come true: it's zoned under the CCN designation and, following a major amendment process, now permits development of up to four units. We're including fully completed architectural plans for a sophisticated three-unit build with a carriage-house design, all approved for a permit application. This turnkey aspect allows you to build in months, not years. For the homeowner-investor looking to house-hack, envision building your dream single-family home with an expansive yard while leveraging rental income from additional units to offset your mortgage payments. And the neighborhood's allowance for non-primary short-term rentals makes this property an even more attractive income generator. The seller has 10 years of experience owning short-term rentals in the neighborhood and estimates the gross income for all 3 units, rented full-time short-term, at around $275k per year. The total lot size is truly impressive: with Tract A adding 7,606 sq ft to a 5,990 sq ft buildable envelope, you're looking at over 13,000 sq ft of potential. That's plenty of yard space to create an outdoor oasis or maximize your buildable area. This is a rare, value-add opportunity in Fort Collins that combines immediate rental potential and strong investor fundamentals.

Location

State CO

County Larimer

Zoning CCN

Exterior

Utilities Available Natural Gas Available

Amenities Available Trail(s)

Waterfront Description Public

View Mountain(s)

Private Pool No

Building

Water Public

Schools

School District Elementary: Poudre R-1, High: Poudre R-1

Others

HOA Fee Include Snow Removal,Trash

Tax ID R1669373

Listed byHaagenson Investments

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(303) 877-8005

brian@briansells.com

8300 E Maplewood Drive Ste 100, Greenwood Village, Colorado, Other

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556 Cajetan ST Fort Collins, CO 80524