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Home » Real Estate » CO » Fort Collins » 80524 » 1516 Remington St, Fort Collins, CO, 80524
$800,000

1516 Remington St, Fort Collins, CO, 80524

8,997 Square Feet
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
Offered By
Anil Bajaj Anil.Bajaj@exprealty.com,720-675-9411, eXp Realty, LLC

Property Details

Property Type Residential
Status Pending
Property Sub Type Residential-Detached
Square Feet 8,997
MLS # 5171456

Market Trends

New Properties On Market
98
11% Increase In New Listings
Average Asking Price
$754,126
$70,263 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$294
$33 Increase In List Price/Sq. Ft.
Average Days On Market
21
17 Day Decrease In Days On Market
Data as of May 20, 2024. Remaining statistics above are calculated on activity within the period from Mar 01, 2024 to Apr 30, 2024.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively 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. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 5/19/2024 at 9:58 am