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Fort Collins, CO 80524 416 Locust St

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Presented By: ;
  • MLS# 1059407
  • 05/18/2026
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 3
  • SQFT • 2,348

Home Details

Prime location in Old Town Ft-Collins investment property. This investment property is bringing in $5,085/month and tenants pay all utilities. Every year there has been either a waitlist or multiple applications in the first week of listing it. Rented through August 1, 2027. Both units fully occupied with separate leases in place. 4bed/2bath on the upstairs unit, 2bed/1bath on the lower unit. Perfect location and always easy to rent! This property has been meticulously taken care of by the owners and is a truly turn-key investment property! You will grow your equity through the old town location and gain cashflow from the proximity to campus!
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Interior Features for 416 Locust St

Other Interior Features

LivingAreaSourceAssessor
BasementFull, Partially Finished
Fireplace FeaturesFree Standing
Interior AmenitiesEat-in Kitchen, Separate Dining Room

General for 416 Locust St

AccessibilityLevel Lot, Level Drive
AppliancesElectric Range, Dishwasher, Refrigerator, Washer, Dryer
AttributionContact7193395106
Cap Rate6.01
CityFort Collins
Construction MaterialsFrame, Brick
CoolingCentral Air
CountyLarimer
DisclosuresSeller's Property Disclosure
ElectricCity of FTC
Elementary SchoolLaurel
ExclusionsTenant's personal property
Expected Active Date 2026-05-18
Gross Income61020
HOANo
HeatingForced Air
High SchoolFt Collins
High School DistrictPoudre
LevelsTwo
MLS AreaFort Collins
Middle/Junior High SchoolLesher
Net Operating Income54072
New ConstructionNo
Number Of Units Total2
Operating Expense6948
Parcel NumberR0056570
Patio/Porch FeaturesPatio
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameFtc
Tax Annual Amount4583
Tax Year2025
Tenant PaysDeposit, Gas, Electricity, Water, Sewer
UtilitiesNatural Gas Available, Electricity Available
ViewHills
Year Built1938
ZoningNCM

Exterior for 416 Locust St

Exterior AmenitiesSprinkler System
FencingFenced
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, Paved, Curbs, Gutters, Sidewalks, Street Light
Lot Size Acres0.11
Lot Size Area5000
Other Parking2 Spaces/Unit
Road Frontage TypeCity Street
Road Surface TypeAsphalt
Total Parking5
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 $899,000
MLS#1059407
List Date 05/18/2026
Property Type Income
Phone 970.988.8295
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