344 Mulberry StFort Collins, CO 80524

Property Details for 344 Mulberry St

Property size (Sq ft)

14,500 SF

Property type

Mixed-use properties

Property subtype

Other mixed-use properties

Description

This exceptional 14,500 square foot mixed-use property, known as the historic Arthur House, presents a unique investment opportunity in Fort Collins' coveted Old Town district. Built in 1882 by renowned architects Nichols & Canman of Denver in partnership with Fort Collins builder Richard Burke, this Queen Anne Victorian mansion boasts a striking presence and significant historical value, potentially qualifying for historical designation and associated benefits. The property currently operates as a five-unit apartment building, with four units currently leased and one owner-occupied. Recent upgrades include a new Class 4 Impact Resistant GAF Grand Sequoia Lifetime Designer Shingle Roofing System (2020), a complete sewer line upgrade (2017), new appliances, updated kitchens and bathrooms, fresh paint, and new American Standard Cadet toilets and A/C units in each unit. The building's foundation is solid masonry sandstone, and the exterior walls are three bricks thick, ensuring structural integrity and longevity. A substantial private parking lot provides 21 spaces. The NCB zoning allows for diverse uses, including single-family residence, offices, medical/dental clinics, service industries, group homes, and fraternity/sorority housing. Asking price is $1,499,000. This property offers strong income potential and significant upside.

Location Insight

City

Fort Collins

County

08069

State

Colorado

Latitude

40.5817

Longitude

-105.072

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