$3,499,000
For Sale

629 S Howes Street

Fort Collins, CO 80521
2959 sqft | 5 beds | 5.5 baths | 0.43 acres | #8516336
Listing OfficeCARLSON ASSOCIATES
Browse 27 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Attention Investors, Builders, and Developers!
Located just 200 yards from the Colorado State University campus, 629 S. Howes offers a rare opportunity to own a property with both charm and Approved, permit ready development plans! Situated on a spacious 18,981 square foot lot (0.44-acre). This property features an existing historical house with two separate units which have both undergone extensive & exquisite upgrades, providing modern finishes while preserving the property's historic appeal
Existing Main Unit: 3 bedrooms, 3.5 bathrooms.
Existing Secondary Unit: 2 bedrooms, 2 bathrooms. Both units are currently leased through May 2025

The approved plans show an additional 12 units (30 beds), with a mix of 3 studio apartments and 9 three-bedroom units. The project was approved as a result of the amazing work product done by: Northern Engineers, AU Workshop and the TB Group. These plans represent a prime opportunity for maximizing rental income in a high-demand area, by avoiding the highly volatile & unpredictable entitlement process.
With development possibilities, this property is ready for either a quick redevelopment using the approved plans or a custom project tailored to your goals.
Whether you’re looking for a project with immediate income potential or seeking to design your own future development, 629 S. Howes presents a flexible, approved, high-potential opportunity in a sought-after location. Broker is a related party to Seller.

  • Interior Details
      • Bathrooms5.5
      • Bedrooms5
      • Full Baths5
      • Half Baths1
  • Property Details
      • Exterior MaterialsBalcony, Private Yard
    • Measurements
      • Acres0.43
      • Square Feet2959
  • Construction Details
      • Property TypePurchase
      • BasementFull
    • Condition
      • Year Built1910
  • Utilities / Energy Details
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionHowes Six Two Nine
    • Location
      • School DistrictPoudre R-1
      • Middle SchoolLincoln
      • CountyLarimer
      • High SchoolPoudre
      • Elementary SchoolDunn
  • Financial Details
      • Original List Price$3,499,000
      • Taxes Annual$4,843
  • Other
      • MLS #8516336

Location

Jack Torres | THE TORRES GROUPReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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