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Fort Collins, CO 80524 120 Peterson St

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Presented By: ;
  • MLS# 1057983
  • 05/01/2026
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  • Beds • 4
  • Baths • 4
  • SQFT • 2,080

Home Details

Updated four-plex for sale in an incredible downtown Fort Collins location just blocks from Old Town Square. The building has a brand new roof plus updated electrical and plumbing while the remodeled kitchens feature quality custom cabinets, tile backsplashes and stylish finishes. Updated bathrooms have subway tile showers and even radiant floor heat in a few units. Other things that make this place so special are solid hardwood floors, exposed brick, arched doorways, and this charm will equate to high rents. The largest unit is available, ready for a new lease at a price selected by the new owner. The three other units are currently leased. With this stellar location there is great potential for long term appreciation. There is a garage for shared tenant storage and a laundry room in the basement. It's a very low-maintenance lot and includes a front yard sprinkler system. Utilities are shared among tenants and there is no HOA.
Presented By: ;

Interior Features for 120 Peterson St

Other Interior Features

LivingAreaSourceAssessor
BasementPartial

General for 120 Peterson St

AppliancesGas Range, Dishwasher, Refrigerator, Washer, Dryer
Architectural StyleLegal Conforming
AttributionContact7209352469
Cap Rate5.9
CityFort Collins
Construction MaterialsFrame, Stucco
CoolingWall/Window Unit(s), Ceiling Fan(s)
CountyLarimer
DirectionsFrom Mountain Avenue turn south on Peterson. Home is on the east side of the street.
DisclosuresSeller's Property Disclosure, Lead Paint
ElectricCity Ft Collins
Elementary SchoolLaurel
ExclusionsPersonal property of tenants and staging items
Expected Active Date 2026-05-01
Gross Income78000
HOANo
HeatingHot Water, Radiator
High SchoolFt Collins
High School DistrictPoudre
Lease Amount FrequencyOther--See Remarks
LevelsTwo
MLS AreaFort Collins
Middle/Junior High SchoolLesher
Net Operating Income64941
New ConstructionNo
Number Of Units Total4
Operating Expense13059
Parcel NumberR0044245
Patio/Porch FeaturesPatio
Possible UseMulti-Family
Property SubtypeMulti Family
Property TypeResidential Income
RoofComposition
Standard StatusActive
StatusActive
Subdivision NameFtc
Tax Annual Amount6405
Tax Year2025
Tenant PaysDeposit, Gas, Electricity, Water, Sewer
UtilitiesNatural Gas Available, Electricity Available
Year Built1912
ZoningNCB

Exterior for 120 Peterson St

Exterior AmenitiesSprinkler System
Irrigation Water Rights Y/NNo
Lot Size Acres0.07
Lot Size Area3220
Total Parking1
Water SourceCity
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Laurel Elementary School
Middle School Lesher Middle School
High School Ft Collins High School

Nathan Washam

Broker/Owner
Price $1,100,000
MLS#1057983
List Date 05/01/2026
Property Type Income
Phone 970.988.8295
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