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334 E Mulberry St S

Fort Collins, CO 80524
  • $1,399,000
  • STATUS: Active
  • ON SITE: 114 Days
  • MLS #: 989355
UPDATED: 44 min ago
$1,399,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1882
County:

School Ratings & Info

Description

Introducing an extraordinary opportunity to own the historical "Arthur House", a magnificent Queen Anne Victorian mansion rich with a fascinating history. This versatile property offers the option to maintain its current use or easily adapt it to suit your needs. Ideally situated in the sought-after Old Town area of Fort Collins, this legal 5-unit apartment building boasts an excellent location that guarantees high visibility. The impressive Arthur House was designed by the esteemed architects Nichols & Canman of Denver, in partnership with Richard Burke, a prominent builder from Fort Collins. Originally commissioned by James and Mary Arthur this grand residence was completed January 1882, garnering significant acclaim in the newspapers of Fort Collins during that remarkable era. Numerous upgrades have been made, including new appliances, kitchen and bathroom renovations, fresh paint, and more. All new Class 4 Impact Resistant GAF Grand Sequoia Lifetime Designer Shingle Roofing System with all new underlay in 2020. Complete sewer line upgrade was completed in 2017. It is important to note that the foundation of the building is constructed of masonry sandstone and the exterior and load bearing walls are treble brick thick with mortar filling creating a stable and long lasting structure. A private parking lot with an impressive capacity of 21 spaces is included. The property also presents the potential for historical designation, opening the door to grants and low-interest loans. Additionally, the NCB zoning permits various uses, such as a single-family home, offices, medical or dental clinics, service industry establishments, group homes, and fraternity or sorority chapter houses, among others. 4 of the 5 units are currently under lease agreements. The owner occupies the 5th. Each unit has new American Standard Cadet Toilet, New A/C Units, New Paint, Updated Bathrooms and Kitchens. Outstanding Income Earning Opportunity.

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© 2023 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: 2023-09-30T08:43:10.927.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/140334457
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334 E Mulberry St S Fort Collins, CO 80524

  • Price: $1,399,000
  • Status: Active
  • On Site: 114 Days
  • Updated: 44 min ago
  • MLS #: 989355
0
Beds
0
Baths
0
½ Baths
0.33
Acres
1882
Built
Neighborhood:
Old Town Fort Collins
County:
Larimer
Area:
09 Fort Collins area
Property Description
Introducing an extraordinary opportunity to own the historical "Arthur House", a magnificent Queen Anne Victorian mansion rich with a fascinating history. This versatile property offers the option to maintain its current use or easily adapt it to suit your needs. Ideally situated in the sought-after Old Town area of Fort Collins, this legal 5-unit apartment building boasts an excellent location that guarantees high visibility. The impressive Arthur House was designed by the esteemed architects Nichols & Canman of Denver, in partnership with Richard Burke, a prominent builder from Fort Collins. Originally commissioned by James and Mary Arthur this grand residence was completed January 1882, garnering significant acclaim in the newspapers of Fort Collins during that remarkable era. Numerous upgrades have been made, including new appliances, kitchen and bathroom renovations, fresh paint, and more. All new Class 4 Impact Resistant GAF Grand Sequoia Lifetime Designer Shingle Roofing System with all new underlay in 2020. Complete sewer line upgrade was completed in 2017. It is important to note that the foundation of the building is constructed of masonry sandstone and the exterior and load bearing walls are treble brick thick with mortar filling creating a stable and long lasting structure. A private parking lot with an impressive capacity of 21 spaces is included. The property also presents the potential for historical designation, opening the door to grants and low-interest loans. Additionally, the NCB zoning permits various uses, such as a single-family home, offices, medical or dental clinics, service industry establishments, group homes, and fraternity or sorority chapter houses, among others. 4 of the 5 units are currently under lease agreements. The owner occupies the 5th. Each unit has new American Standard Cadet Toilet, New A/C Units, New Paint, Updated Bathrooms and Kitchens. Outstanding Income Earning Opportunity.
Exterior Features

Construction Materials Wall: Brick Horse YN No Lot Features CurbsGuttersSidewalksCorner Lot Parking Features Paved Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No Waterfront YN No

Interior Features

Basement Crawl Space Building Area Total 4130 Cooling Window Unit(S) Cooling YN Yes Heating Hot WaterBaseboardRadiant Heating YN Yes Living Area Source Plans

Property Features

Association YN No Business Type RetailOther CommericalMixed Cap Rate -0.32 Ditches Active YN No Exclusions Seller And Tenants Personal Property Green Energy Efficient Southern Exposure Gross Income 0 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional Locale Fort Collins Net Operating Income -4495 New Construction YN No Operating Expense 4495 Possible Use Single FamilyMulti-FamilyCommercialCommercial Or Industrial Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Sale Includes Building(S)Land Senior Community YN No Special Listing Conditions Private Owner Tax Annual Amount 4495 Tax Year 2022 Tenant Pays DepositGasElectricityWaterTrash Collection Water Source City WaterFort Collins Water Zoning Ncb

Listing information © 2023 Information and Real Estate Services
Listing provided courtesy of Madelon Wecker of Co For Sale By Owner Services: 7204989909.



© 2023 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: 2023-09-30T08:43:10.927.

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