3 months on rocket

722 Remington St, Fort Collins, CO, 80524

$2,500,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
6 Baths
Townhouse
Schools Nearby

Location

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722 Remington St, Fort Collins$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built1905
HeatingRadiant
BasementYes
MLS #1002218
Lot Size0.16 Acres
StatusActive

About 722 Remington St

A rare opportunity to own an 8-plex in a prime location! This charming Victorian apartment building features eight units that have been meticulously renovated. Every unit boasts updated kitchens with newer appliances, modernized bathrooms, and beautifully refinished or newer flooring throughout. The building itself has undergone significant improvements over the years, including a roof replacement, windows and the addition of two sets of washer and dryer units in the shared basement. Comprising the unit mix are seven spacious 1-bedroom/1-bathroom units and one larger 2-bedroom/1-bathroom unit. Plenty of off street parking for your residents as well. The location of this property is truly unbeatable, as it is conveniently situated only ONE BLOCK away from CSU, making it highly desirable for students, young professionals and faculty members alike. As a testament to its appeal, the property has consistently maintained ZERO vacancy, ensuring a stable and reliable income stream for potential investors. The rental income potential for this property is truly exceptional. With a prime location near the university and a high demand for housing in the area, prospective landlords can expect strong rental demand and the ability to secure attractive rental rates. Additionally, the recent renovations and updates throughout the building will attract quality tenants and enable higher rental premiums. This is an investor's dream come true!

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1905
  • Stories: 3

Listing Office:

  • Office Name: Prestigio Real Estate
  • Office Phone: (970) 690-2509
  • Listing Agent: Luke Angerhofer

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: Lighting

Lot Features

Lot Information:

  • Lot: Curbs, Sidewalk
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Radiant

School Info

Assigned Schools Information:

  • Fort Collins High School, Public District Grades 9-12
  • Lesher Middle School, Public District Grades 6-8
  • Laurel Elementary School, Public District Grades EE-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000

Tax Information:

  • Annual Amount: $10,838
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Fort Collins, CO.

Med. Sold Price

$558.9K

Med. Price/SqFt

$295

Avg. Days On Market

68

# of Sold Homes

172

722 Remington St vs Fort Collins

93 DAYS ON ROCKET

+25 Days

$2,500,000

+$1.9M More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price in Fort Collins, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: IRES MLS
  • MLS Number: #1002218

Listing Office:

  • Office Name: Prestigio Real Estate
  • Office Phone: (970) 690-2509
  • Listing Agent: Luke Angerhofer

IDXInformation source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright © 2024 IRES

Information being provided is 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 deemed reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.

Broker Reciprocity is the current compilation of active listings of all Broker Reciprocity subscribers except those listings where the seller or the seller’s agency has opted out of Internet publication by so indicating on the listing contract or by written notice to the Multiple Listing Service. Real estate listings held by other brokerage firms are included in this site and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

Note: Any Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 10:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 16, 2017Home Sold
$1,475,000
Jan 21, 2014Home Sold
$550,000
Sep 21, 2004Home Sold
$550,000
Jun 04, 2002Home Sold
$493,500

Tax History

YEARPROP. TAXASSESSMENT
2020$10,838$115,830
2019$4,750$116,640
2018$4,735$52,128
2017$3,779$52,128

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3056990
4
/10
  • Laurel Elementary School

  • 1000 Locust St

  • 0.70 miles

  • Public District Grades EE-5

Middle School

school-card-donut-3056991
7
/10
  • Lesher Middle School

  • 1400 Stover St

  • 0.79 miles

  • Public District Grades 6-8

High School

school-card-donut-3056992
5
/10
  • Fort Collins High School

  • 3400 S Timberline Rd

  • 3.14 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,078. Residents of Fort Collins, CO typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 722 Remington St

What is the listing price of this property?

The listing price of 722 Remington St property is $2,500,000.

What type of property is this?

The property 722 Remington St is a townhouse located in Fort Collins, Colorado, 80524.

Is this property for sale now?

Active Listing: 722 Remington St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 722 Remington St are:
Laurel Elementary School: GreatSchools Rating 4/10
Lesher Middle School: GreatSchools Rating 7/10
Fort Collins High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,838 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 16, 2017 for $1,475,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 722 Remington St has 7 bedrooms and 6 bathrooms.

Which year was this property built?

The year of construction for 722 Remington St is 1905.

Rocket HomesColoradoLarimer CountyFort Collins80524722 Remington St

This home is located at 722 Remington St in Fort Collins, CO and zip code 80524 in the University Park neighborhood. This home, which was built in 1905, sits on a 0.16 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 26, 2024 and is currently priced at $2,500,000.

In March 2024 more than 50 listings in Fort Collins, CO were sold above the asking price. During the same period more than 44 listings were sold at asking price, while more than 78 were sold below. In March 2024 in Fort Collins, CO there were 19.3% more homes for sale than in February 2024. In March 2024 median list price was $558,950 and the average listing age was 68 days.

From Rocket Homes Real Estate and based on county public records data.

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