815 Stover Street

Description

**4 Bedroom 2 Bathroom Duplex** Incredible opportunity to own up/down duplex just minutes from Old Town Fort Collins! This duplex is overflowing with character- from the original hardwood floors, to the tongue and groove wood ceilings, you're sure to fall in love the moment you open the front door. The upstairs unit boasts three large, sun-drenched bedrooms along with a bathroom. A full kitchen with separate dining room offer plenty of space for entertaining. The lower, garden-level unit has its own exterior access, along with one large bedroom plus one additional nonconforming bedroom, as well as a living room, full kitchen, and bathroom. There are multiple additional spaces that could be finished into additional bedrooms, currently used as shared storage rooms (350+ sqft). Shared laundry onsite. This duplex sits on a HUGE lot- almost a quarter acre, and is fully landscaped with large front/back patios, along with 3 off-street parking spots.

This is a fantastic investment opportunity, or perfect house hack situation: Live in one unit and rent the other to help pay your mortgage! Ask your lender about how to potentially use rental income to qualify for this purchase. Primary short term rentals allowed per current city zoning. The opportunities for value adds are endless as well, given unused and unfinished bonus spaces. Schedule your showing today!

Current leases total $3330/month through 5/31/24, upper unit lease can end as soon as 2/29/24 to allow for buyers interested in purchasing this as their primary residence. Tenants are respectful and have history of all on time rent payments during term. Not currently used as a student rental. Both units have individual furnaces, hot water heaters, metering. Tenants pay all utilities. Separate electric and gas meters, tenants are billed back for water/sewer monthly. Tenants pay all grounds maintenance directly to service provider. Buyer to verify all zoning. Inspection available for review.