Property

Fort Collins, CO 80521 620 W Mulberry Street

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Presented By: Group Harmony;
  • REColorado (MTOMLS) - 6 - CO
  • MLS# IR1033249
  • 05/07/2025
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Disclaimer: The information contained in this listing has not been verified by LoKation® Real Estate and should be verified by the buyer.
  • SQFT • 1,672

Home Details

Charming Old Town Fort Collins Triplex - Prime Location, Endless Potential Welcome to a rare investment opportunity in the heart of Old Town Fort Collins! This versatile triplex is perfectly situated just blocks from CSU, local shops, restaurants, and all the charm that downtown has to offer. The property features three unique units: Unit 1: A spacious 2-bedroom, 1-bath with private laundry - ideal for long-term tenants or owner-occupants (currently rents for $2550). Unit 2: A cozy 1-bedroom, 1-bath with lots of natural light (currently rents for $1150). Unit 3: A charming studio, perfect for short-term rentals or flexible living arrangements (currently rents for $1100). Enjoy the expansive outdoor space with multiple patios and sitting areas-perfect for relaxing or entertaining. Additionally, a detached office/shop in the back provides extra space for hobbies, storage, or potential workspace. Whether you're looking to live in one unit and rent the others, or simply expand your investment portfolio, this property offers excellent rental potential in an unbeatable location. Don't miss this opportunity to own a piece of Old Town charm with built-in income potential! Current active AirBnB license!
Presented By: Group Harmony;

Interior Features for 620 W Mulberry Street

Bedrooms

Main Level Bedrooms

Other Interior Features

BasementFull
Basement (Y/N)Yes
Fireplace FeaturesFree Standing
FlooringWood
Interior AmenitiesEat-in Kitchen, Open Floorplan
Laundry FeaturesIn Unit
Window FeaturesDouble Pane Windows, Window Coverings

General for 620 W Mulberry Street

AppliancesDisposal, Dryer, Oven, Refrigerator, Washer
Cap Rate5.71
CityFort Collins
ConcessionsNo
Construction MaterialsFrame
CoolingAir Conditioning-Room
CountyLarimer
DirectionsTake Mulberry W from College Ave. The property is on the North side of Mulberry between Whitcomb St and Loomis Ave.
Elementary SchoolDunn
Elementary School DistrictPoudre R-1
Entry LocationExterior Access
ExclusionsSeller's Personal Property
Facing DirectionSouth
Gross Income4800
HOANo
HeatingHot Water
High SchoolRocky Mountain
High School DistrictPoudre R-1
LevelsOne
Listing TermsCash, Conventional
Lot Size Square Feet4663
Middle/Junior High SchoolLincoln
Net Operating Income50294
Number Of Units Total3
Occupancy TypeTenant
Operating Expense7306
OwnershipIndividual
Patio/Porch FeaturesDeck, Patio
PossessionClosing/DOD
Property SubtypeTriplex
Property TypeResidential Income
RoofComposition
Security FeaturesSmoke Detector(s)
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameLoomis
Tax Annual Amount3022
Tax Year2024
Tenant PaysNone
UtilitiesCable Available, Electricity Available, Internet Access (Wired), Natural Gas Available
Virtual TourClick here
Year Built1956
ZoningNCM

Exterior for 620 W Mulberry Street

Building Area Total1672
FencingPartial
Lot FeaturesLevel
Lot Size Acres0.11
Road Frontage TypePublic
Road Surface TypePaved
VegetationWooded
Water SourcePublic

Additional Details

Price History

Schools

High School Rocky Mountain High School
Middle School Lincoln Middle School
Elementary School Dunn Elementary School

Scott Wheeler

Estate Agent
Price $880,000
MLS#IR1033249
List Date 05/07/2025
Property Type Multi-Family
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