629 Stover St, Fort Collins, CO 80524
Ftc · Larimer County
Key Facts
Description
Investor / House Hack Opportunity in Old Town Fort Collins. Exceptional value-add opportunity near Old Town at 629 Stover St. Currently configured with three separate living spaces offering multiple paths for income generation, owner-occupancy, or future redevelopment. The property includes: Main residence: 2 bed / 2 bath approximately 1,200 SFRear unit: 1 bed / 1 bath approximately 700 SF Additional rear unit: 1 bed / 1 bath approximately 650 SF. The property is currently served by two utility meters with space available for a potential third meter. Seller has already begun exploring the process of converting the property into a conforming multifamily configuration but does not have the time to complete the process. According to seller discussions with contractors/city consultants, completing the process to establish a conforming duplex may require approximately $20,000 in improvements and city-related costs, including installation of a firewall separation between the main residence and rear living spaces.Ideal opportunity for: Owner-occupants seeking mortgage-offset potential Investors looking for value-add upside. Buyers interested in short-term rental income potential (buyer to verify local regulations and licensing requirements) Current configuration presents multiple possible strategies: Live in the front residence and utilize rear spaces for short-term rentals. Continue improvement process toward future multifamily potential subject to city approval. Strong upside potential with flexible use options in one of Fort Collins' most desirable central locations. Buyer to verify zoning, permitted uses, short-term rental regulations, square footage, occupancy classifications, and all future development potential with the City of Fort Collins.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1936
Living Area
1,950 sq ft
Lot Size
0.31 acres
Garage Spaces
5
Parking Spaces
5
Zoning
NCM
Days on Market
35
MLS® Listing#
1060667
Property Features
Appliances
Heating
Basement
Parking
Construction
Roof
Security
Community
Utilities
Sewer
Water Source
Rooms
- 11x12Main
- Kitchen10x14Main
Schools
- Elementary:
- Laurel
- Middle:
- Lesher
- High:
- Ft Collins
Financial Details
HOA
None
Annual Taxes
$4,433
Tax year 2025
Parcel Number
R0049441
Affordability Calculator
$199,800
Estimated monthly payment
$5,317/mo
Principal $799,200 · Est. interest $1,114,955 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Fort Collins, CO
- $527,850
- Median Listing Price
- 46
- Median Days on Market
- 1,850
- Median Sq Ft
- $288
- Median Price / Sq Ft
- 1,894
- Active Listings
- This home’s price is 89% above the area median.
- Its price per sq ft is 78% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Fort Collins, CO.
Location
Points of Interest in Fort Collins, CO
Showing the Fort Collins area map.
Nearby Schools
Laurel Elementary School
Elementary · 0.3 mi away
Centennial High School
Secondary · 0.3 mi away
Harris Bilingual Elementary School
Elementary · 0.4 mi away
First United Methodist Co-OP Preschool Fort Collins
School · 0.4 mi away
Open Arms Christian Preschool
School · 0.5 mi away
Lesher Middle School
Secondary · 0.7 mi away
PSD Global Academy
School · 0.8 mi away
Saint Joseph Catholic School
Elementary · 1.0 mi away
River Song Waldorf School
School · 1.1 mi away
Mountain Kids
School · 1.1 mi away
TLC Preschool
School · 1.1 mi away
Ridgeview Classical Schools
Secondary · 1.2 mi away
Riffenburgh Elementary School
Elementary · 1.3 mi away
Dunn Elementary School
Elementary · 1.3 mi away
Fullana Learning Center
School · 1.4 mi away
Rivendell School
Elementary · 1.4 mi away
Compass Community Collaborative School
Secondary · 1.4 mi away
Beebe Christian School
School · 1.5 mi away
O'Dea Elementary School
Elementary · 1.7 mi away
Odea Core Knowledge
School · 1.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4809 Brumby Ln, Fort Collins, CO | $700,000 | 4 | 3 | 2,381 |
| 5119 Hogan Ct, Fort Collins, CO | $700,000 | 4 | 4 | 3,082 |
| 5119 Hogan Court, Fort Collins, CO | $700,000 | 4 | 4 | 3,082 |
| 6425 Edgeware Street, Fort Collins, CO | $708,000 | 3 | 4 | 2,623 |
| 6425 Edgeware St, Fort Collins, CO | $708,000 | 3 | 4 | 2,623 |
| 4746 Brenton Drive, Fort Collins, CO | $709,000 | 5 | 3 | 3,126 |
