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Brittany Cowan

brittany@nocohomeliving.com +1(605) 881-8263

$185,000

Est. payment - /mo

6,098 Sqft Lot

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Key Details

Property Type Vacant Land

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Old Town North 4Th Fil

MLS Listing ID IRE1030284

HOA Fees $110/mo

HOA Y/N Yes

Annual Tax Amount $6,008

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Mixed Use

Source ires

Property Description

Price SUBSTANTIALLY reduced! Attention Investors & Savvy Homebuilders! Here's an exceptional opportunity in Fort Collins: 556 Cajetan St is a prime corner lot with 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 a 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 payments. 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 of experience owning short-term rentals in the neighborhood and estimates the gross income for all 3 units, rented full-time short-term, at 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 Old Town North 4Th Fil

Area Fort Collins

Zoning CCN

Exterior

Community Features Trail(s)

Utilities Available Natural Gas Available

View Y/N Yes

View Mountain(s), Hills

Improvements No

Garage No

Building

Lot Description City Limits, City Lot, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley, Fire Hydrant within 500 Feet

Water City

Schools

Elementary Schools Putnam

High Schools Poudre

School District Poudre

Others

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

Special Listing Condition Private Owner, Licensed Owner

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Information and Real Estate Services (IRES)

Listed by Erik Haagenson

Nearby Locations

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Brittany Cowan

+1(605) 881-8263

Agent

556 Cajetan Fort Collins, CO 80524

Brittany Cowan

Key Details

Location

Exterior

Building

Schools

Others

Nearby Locations

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