703 Peterson Street, Fort Collins, CO, 80524

On the Fort Collins Historical Properties List, the G. R. McDaniels Residence II is one of a kind. Located in Primary Short Term Rental zoning. This is a great rehab project for an owner-occupied buyer looking for an old town property in a great location or would continue to be an outstanding rental property with additional carriage house rental with 2 bedrooms and a kitchen above the garage! Never been vacant in 10 years. The previous tenant was there for 5 years at a rate of $2,800 per month. The house could easily rent for $3,000 + per month. The 2-bedroom apartment above the garage currently rents for $1,625. Total rental income could easily reach $5,000 per month. The property is being sold in “As Is Condition” and is priced accordingly.