Price Reduction - New Construction - Fixer Upper
Address
1516 Remington Street, Fort Collins, CO
Price
$ 800,000
Property Attributes
- MLS#5171456
- TypeContingent
- CountyLARIMER
- CityFort Collins
- NeighborhoodMoore SLC
- Zip80524
- StyleMid-Century Modern
- Year Built1946
- Taxes$ 5188
- Price$ 800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8997
- Lot Size0.39 Acres
Data Source:
REColorado (MTOMLS)
Property Description
PRICE SIGNIFICANTLY REDUCED! Potential, Potential, Potential. This former Sorority/Fraternity house is awaiting your vision. Almost 9,000 sf of finished living space. This property is in an amazing location, right next door to CSU Campus, walking distance to CSU Rams (Canvas) Stadium. Preliminary drawings are for a sorority/fraternity house with 23 bedrooms and 33 beds. Potential uses can be for student housing, boutique hotel, sober living, residential assisted living or convert them to apartments. Your only limited by your imagination! Close to College Ave and Prospect, near tons of shopping, dining, Max Transport station and Old Town. Next door is CSU's - House on Remington, across the street is the Sigma Phi Epsilon fraternity and caddy corner is the CSU Annual Flower Garden. Demo has been completed by the previous owner and is ready for your creativity to take this amazing property and make it something special. It is the ugly duckling on one of the most amazing streets in Fort Collins. This home was appraised last year for $2.1 million As-Is and $3.12 million once renovations are done (based on income approach). Property is located in a historical district and is eligible for historical designation. Don't miss out on this opportunity to own a piece of Fort Collins history. Demo was completed by previous owner, please use caution when entering. Visit www.1516RemingtonStreet.com
| Elementary School | Middle School | High School |
|---|---|---|
| Laurel Elementary School | Lesher Middle School | Fort Collins High School |
| Price History | |
|---|---|
| 6/6/2023 | Listed $1,200,000 |
| 6/27/2023 | 5% - $1,150,000 |
| 8/4/2023 | 5% - $1,100,000 |
| 9/27/2023 | 5% - $1,050,000 |
| 10/6/2023 | 10% - $950,000 |
| 12/30/2023 | 6% - $900,000 |
| 2/23/2024 | 6% - $850,000 |
| 4/29/2024 | 6% - $800,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | None |
| Possession | Immediate |
| Roof | Membrane |
| Appliances | Disposal,Gas Water Heater,Range,Range Hood,Refrigerator,Self Cleaning Oven |
| Zoning | NCL |
| Architectural Style | Mid-Century Modern |
| Construction Materials | Block,Stucco |
| Exclusions | None |
| Year Built | 1946 |
| Levels | Two |
| Property SubType | Single Family Residence |
| Tax Year | 2022 |
| Percent Ownership | Corporation/Trust |
| County | Larimer |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Contingency | None Known |
| Subdivision Name | Moore SLC |
| Facing Direction | West |
| Status | Pending |
| Directions | College Ave to Prospect. East on Prospect one block to Remington St. North on Remington St,2nd to last house on the right side (east). Or Google Maps. |
| High School | Fort Collins |
| City | Fort Collins |
| Buyer Agent Compensation | 2.50 |
| Senior Community Y/N | No |
| High School District | Poudre R-1 |
| Lot Size Square Feet | 16988.4 |
| Street Name | Remington |
| Listing Terms | 1031 Exchange,Cash,Conventional,Jumbo |
| Elementary School | Laurel |
| Tax Annual Amount | 5188 |
| Middle/Junior High School | Lesher |
| Property Condition | Fixer,Under Construction |
| Structure Type | House |
| Standard Status | Active Under Contract |
| Occupancy Type | Vacant |
| Middle/Junior School District | Poudre R-1 |
| Elementary School District | Poudre R-1 |
| Buyer Agent Compensation Type | % |
Interior Features
| Basement | Finished |
|---|---|
| Total Fireplaces | 1 |
| Fireplace Features | Living Room |
| Basement (Y/N) | Yes |
| Above Grade Finished Area | 6589 |
| Street Suffix | Street |
| Below Grade Finished Area | 2408 |
Exterior Features
| Parking Features | Asphalt |
|---|---|
| Lot Features | Level |
| Water Source | Public |
| Total Parking | 10 |
| Lot Size Area | 0.39 |
| Building Area Total | 8997 |
| Lot Size Acres | 0.39 |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 80524
Price
Taxes
Visits
Year Built
Walkscore
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