$375,000

556 Cajetan St Fort Collins, CO 80524

Estimated payment $2,712/month

Total Views 3,531
0.14 Acre
$2,678,571 Price per Acre
5,990 Sq Ft Lot

Highlights

  • Mountain View
  • Hiking Trails
  • Development of land is proposed phase

About This Lot

Attention Investors & Savvy Homebuilders! Here's an exceptional opportunity in Fort Collins - 556 Cajetan St is a prime corner lot that offers unmatched development potential in a high-demand locale. Positioned just steps from New Belgium Brewery and the Poudre Whitewater Park, this property is a strategic asset in one of the city's most vibrant neighborhoods. For investors, this lot is a dream come true: it's zoned under the CCN designation and, following a major amendment process, now permits development of up to four units. We're including fully completed architectural plans for a sophisticated three-unit build with a carriage house design, all approved for permit application. This turnkey aspect allows you to build in months, not years. For the homeowner investor looking to house hack, envision building your dream single-family home with an expansive yard while leveraging rental income from additional units to offset your mortgage. And the neighborhood's allowance for non-primary short-term rentals makes this property an even more attractive income generator. The seller has 10 years experience owning short term rentals in the neighborhood and estimates gross income for all 3 units being rented full-time short-term around $275k per year. The total lot size is truly impressive: with Tract A adding 7,606 sq ft to a 5,990 sq ft buildable envelope, you're looking at over 13,000 sq ft of potential. That's plenty of yard space to create an outdoor oasis or maximize your buildable area. This is a rare, value-add opportunity in Fort Collins that combines immediate rental potential and strong investor fundamentals.

Listing Agent

Erik Haagenson

Haagenson Investments

Property Details

Property Type

  • Land

Lot Details

  • 5,990 Sq Ft Lot
  • Property fronts an alley
  • Development of land is proposed phase
  • Property is zoned CCN

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • Alley Access

Schools

  • Putnam Elementary School
  • Poudre High School

Additional Features

  • Mountain Views
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number R1669373

Community Details

Overview

  • Association fees include common amenities, trash, snow removal, management
  • Old Town North 4Th Fil Subdivision

Recreation

  • Hiking Trails
  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Development Status: Boundaries Marked, Approved Subdivided, Proposed, Site Plan Filed
  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Paved, Asphalt, Concrete
  • Subdivision Name: Old Town North 4th Fil
  • Special Features: None

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Within City Limits, City Lot
  • View: Mountain(s), Foothills View
  • Waterfront: No
  • Exterior Features: Lighting

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Utilities: Natural Gas Available
  • Water Source: City Water, City of Fort Collins
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Trash, Snow Removal, Management
  • Community Features: Hiking/Biking Trails
  • Senior Community: No
  • Association Fee: 110
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Putnam
  • HighSchool: Poudre
  • Junior High Dist: Poudre

Lot Info

  • Zoning: CCN
  • Lot Size Sq Ft: 5990
  • Parcel #: R1669373
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6425

Multi Family

Map

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,113 $66,960 $66,960 --
2024 $6,113 $66,960 $66,960 --
2022 $1,595 $17,197 $17,197 --
2021 $1,595 $17,197 $17,197 $0
2020 $271 $2,900 $2,900 $0
2019 $273 $2,900 $2,900 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 For Sale $375,000 -- --
Source: IRES MLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Special Warranty Deed $240,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,056,921 Construction
Source: Public Records

Source: IRES MLS

MLS Number: 1030284

IRES MLS

APN: 97013-87-001