Lynne McDougal

Broker Associate
License#:

$350,000

2226 W Elizabeth St #D-301, Fort Collins, CO 80521  (Sold on )

  • Price Reduced
  • Open House
  • New Listing
  • Coming Soon
  • 3 BedBeds
  • 2 BathBaths
  • 1,055 SqftSqft
  • TypeSingle Family
  • Active
  • MLS# 1058199
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Property Description

Strong income-producing opportunity in a prime rental location! Ideally situated less than 2 miles from campus and just steps from the high-demand Elizabeth corridor, this property benefits from consistent tenant demand driven by proximity to shopping, dining, entertainment, and transit. King Soopers is directly across the street along with multiple coffee options, pizza, brewery and more, everything your college tenants will need. This third-floor unit-no neighbors above-offers added privacy and reduced noise complaints, a key factor in tenant retention. The west-facing orientation delivers attractive foothills views, a premium feature that helps with both leasing speed and rental rates. Extensively remodeled, this unit is truly turnkey with minimal near-term capital expenditures. Upgrades include a modernized kitchen with updated cabinetry and granite countertops, renovated bathrooms, and durable laminate flooring throughout the main living areas-ideal for lowering ongoing maintenance costs. Major mechanicals have already been addressed with a newer HVAC system and hot water heater, reducing the risk of unexpected expenses and improving cash flow predictability. In-unit laundry provides a strong competitive advantage in this rental segment, supporting higher rents and tenant satisfaction. Washer and dryer are included, allowing for immediate occupancy or seamless transition between tenants. Low-maintenance, high-demand location, and major updates already completed-this is a solid addition to any rental portfolio or a great entry point for a first-time investor.

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Property Details

General

  • Subdivision: Rams Park Condos
  • County: Larimer
  • List Date: 05/03/2026
  • Expected Active Date: 05/05/2026
  • DOM: 14
  • Beds: 3
  • Baths: 2.00
  • ¾ Baths: 2
  • Basement/Foundation: None
  • Year Built: 2001
  • New construction: NO
  • Sq Ft (total): 1055
  • Garage/Parking Spaces: 3
  • Garage Description: Off Street
  • MLS#: 1058199

Interior Features

  • Heating: Forced Air
  • Cooling: Central Air
  • Fireplace: Gas

Exterior Features

  • Construction: Frame
  • Roof: Composition
  • Outdoor Features: Balcony
  • Waterfront: NO
  • Views: Hills

Schools

  • School District: Poudre
  • Elementry: Bauder
  • Middle/Jr: Blevins
  • High School: Poudre

Financial Considerations

  • Tax Year: 2025
  • Tax Amount: $2090

Utilities

  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Water/Sewer: Public Sewer
  • Water: City
 

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