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230 N Sherwood St

Fort Collins, CO 80521
  • $675,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 1028977
$675,000
  • 4
    BEDS
  • 0.22
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,800
    SQFT
  • $375
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1918
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Prime investment opportunity in the heart of Fort Collins! Ideally located just three blocks away from the vibrant Old Town, this over-under duplex offers an outstanding rental history, making it a prime choice for investors or those seeking a personal home with an income-generating potential. Each unit has recently been remodeled and offers 2 bedrooms and 1 bathroom. With a significant lot size and convenient alleyway access, there's room to expand, add value, or simply enjoy the outdoor space as it is. An additional amenity is the shared laundry room. The detached garages and shed provide even more earning potential, offering extra storage space for tenants or additional leasing opportunities. Minutes from Old Town Fort Collins, CSU, Lee Martinez Community Park, Washington Park, and the Downtown Transit Center, this property sits in one of Fort Collins' most sought-after locations. Keep it as a high-performing investment, live in one unit while renting out the other, or explore future development opportunities-the choice is yours!

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© 2025 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2025-04-17T23:41:17.6.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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230 N Sherwood St Fort Collins, CO 80521

  • Price: $675,000
  • Status: Active
  • On Site: 28 Days
  • MLS #: 1028977
4
Beds
2
Baths
0
½ Baths
0.22
Acres
1,800
SQFT
$375
$/SQFT
1918
Built
Neighborhood:
Old Town
County:
Larimer
Area:
09 Fort Collins area
Elementary School:
Putnam
Middle School:
Lincoln
High School:
Poudre
School District:
Poudre
Property Description
Prime investment opportunity in the heart of Fort Collins! Ideally located just three blocks away from the vibrant Old Town, this over-under duplex offers an outstanding rental history, making it a prime choice for investors or those seeking a personal home with an income-generating potential. Each unit has recently been remodeled and offers 2 bedrooms and 1 bathroom. With a significant lot size and convenient alleyway access, there's room to expand, add value, or simply enjoy the outdoor space as it is. An additional amenity is the shared laundry room. The detached garages and shed provide even more earning potential, offering extra storage space for tenants or additional leasing opportunities. Minutes from Old Town Fort Collins, CSU, Lee Martinez Community Park, Washington Park, and the Downtown Transit Center, this property sits in one of Fort Collins' most sought-after locations. Keep it as a high-performing investment, live in one unit while renting out the other, or explore future development opportunities-the choice is yours!
Exterior Features

Architectural Style Ranch Construction Materials Wood/Frame Horse YN No Levels One Lot Features Within City Limits Other Structures Storage Road Frontage Type City StreetAlley Road Surface Type Asphalt Roof Composition Spa YN No Structure Type Duplex Waterfront YN No

Interior Features

Appliances Electric Range/OvenRefrigeratorWasherDryerDisposal Basement Full Heating Forced Air Heating YN Yes Laundry Features Washer/Dryer Hookups Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 942 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 858 Unit2 Total Baths 1

Property Features

Association YN No Cap Rate 4.56 Ditches Active YN No Electric ElectricCity of FTC Exclusions Tenants Personal Property Gas Natural GasXcel Energy Gross Income 39080 Has Improvements No Has Water Rights No Income Includes Lease/RentsParking Listing Sub Status None Listing Terms CashConventionalFHAVA Loan Locale Fort Collins Net Operating Income 30811 New Construction YN No Number Of2 Bedroom Units 2 Operating Expense 8269 Possible Use Single FamilyMulti-FamilyAdditional Units Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 4158 Tax Year 2024 Tenant Pays GasElectricityWaterSewerTrash Collection Unit1 Rent 1500 Unit2 Rent 1200 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of Fort Collins Zoning OT-B

Listing information © 2025 Information and Real Estate Services
Listing provided courtesy of Rob Kittle of Kittle Real Estate: 9702189200.



© 2025 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2025-04-17T23:41:17.6.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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