UPDATED:
11/13/2024 12:07 AM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,375 sqft
Price per Sqft $1,473
Subdivision Howes Six Two Nine
MLS Listing ID 8516336
Bedrooms 5
Full Baths 5
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 2,375
Originating Board recolorado
Year Built 1910
Annual Tax Amount $4,843
Tax Year 2023
Lot Size 0.430 Acres
Acres 0.43
Property Description
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.
Location
State CO
County Larimer
Zoning CC
Rooms
Basement Full
Main Level Bedrooms 2
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace N
Appliance Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
Laundry In Unit
Exterior
Exterior Feature Balcony, Private Yard
Fence Full
Roof Type Composition
Total Parking Spaces 8
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick,Concrete,Wood Siding
Schools
Elementary Schools Dunn
Middle Schools Lincoln
High Schools Poudre
School District Poudre R-1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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