Homes for sale - 556 Cajetan St, Fort Collins, CO 80524

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Chad Patterson

realestate@chadpatterson.com +1(970) 518-5462

$ 375,000

Est. payment | -/mo

6,098 Sqft Lot

Save

$ 375,000

Est. payment | -/mo

Save

6,098 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Old Town North 4Th Fil

MLS Listing ID 1030284

HOA Fees $110/mo

HOA Y/N true

Originating Board IRES MLS

Annual Tax Amount $6,425

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Unimproved Land

Property Description

Attention Investors & Savvy Homebuilders! Here's an exceptional opportunity in Fort Collins - 556 Cajetan St is a prime corner lot that offers 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 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. 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 experience owning short term rentals in the neighborhood and estimates gross income for all 3 units being rented full-time short-term 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

Community Hiking/Biking Trails

Area Fort Collins

Zoning CCN

Exterior

Exterior Feature Lighting

Parking Features Alley Access

Community Features Hiking/Biking Trails

Utilities Available Natural Gas Available

View Mountain(s), Foothills View

Street Surface Paved,Asphalt,Concrete

Building

Lot Description Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Within City Limits, City Lot

Water City Water, City of Fort Collins

Schools

Elementary Schools Putnam

High Schools Poudre

School District Poudre

Others

HOA Fee Include Common Amenities,Trash,Snow Removal,Management

Senior Community false

Tax ID R1669373

Special Listing Condition Private Owner, Licensed Owner

Information and Real Estate Services (IRES)

Listed by Erik Haagenson • Haagenson Investments • 3035326634

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

+1(970) 518-5462

realestate@chadpatterson.com

201 Coffman Street # 1902, Longmont, Colorado, 80502, United States

556 Cajetan St Fort Collins, CO 80524