Price Reduction
Address
1601 Peterson Street, Fort Collins, CO
Price
$ 499,000
Property Attributes
- MLS#IR1062336
- TypeSingle Family
- Listing Status Active
- CountyLARIMER
- CityFort Collins
- NeighborhoodJustice Place
- Zip80525
- StyleCottage
- Year Built1960
- Taxes$ 3458
- Price$ 499,000
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1776
- Lot Size0.22 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Fantastic investment opportunity in central Fort Collins, just minutes from CSU and Old Town! This 5-bedroom, 2-bath home offers exceptional flexibility with a private basement entrance, separate kitchenette, and dedicated laundry area-ideal for rental income, multigenerational living, or guest accommodations. Situated on a spacious lot with a large backyard, ample off-street parking, and an attached one-car garage, this property is located in one of Northern Colorado's strongest rental markets.
| Elementary School | Middle School | High School |
|---|---|---|
| Laurel Elementary School | Lesher Middle School | Fort Collins High School |
| Price History | |
|---|---|
| 6/19/2026 | Listed $589,900 |
| 8/27/2026 | 7$549,000 |
| 9/24/2026 | 10$499,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Utilities | Electricity Available,Natural Gas Available |
| Possession | Closing/DOD |
| Roof | Composition |
| Appliances | Dishwasher,Disposal,Dryer,Microwave,Oven,Refrigerator,Washer |
| Zoning | LMN |
| Garage Spaces | 1 |
| Architectural Style | Cottage |
| Construction Materials | Frame |
| Year Built | 1960 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Individual |
| County | Larimer |
| Property Type | Residential |
| HOA | No |
| Attached Garage | Yes |
| Subdivision Name | Justice Place |
| Facing Direction | East |
| Possible Use | Residential |
| Full Baths | 1 |
| Status | Active |
| High School | Fort Collins |
| City | Fort Collins |
| High School District | Poudre R-1 |
| Lot Size Square Feet | 9468 |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
| Elementary School | Laurel |
| Tax Annual Amount | 3458 |
| Middle/Junior High School | Lesher |
| Concessions | No |
| Structure Type | House |
| Standard Status | Active |
| Elementary School District | Poudre R-1 |
Interior Features
| Interior Amenities | Eat-in Kitchen |
|---|---|
| Basement | Daylight,Full |
| Flooring | Vinyl,Wood |
| Basement (Y/N) | Yes |
| Window Features | Window Coverings |
| Above Grade Finished Area | 888 |
| 3/4 Baths | 1 |
| Laundry Features | In Unit |
| Total Bedrooms | 5 |
| Below Grade Finished Area | 888 |
| Main Level Bedrooms | 2 |
| Main Level Bathrooms | 1 |
| Total Baths | 2 |
Exterior Features
| Fencing | Fenced |
|---|---|
| Water Source | Public |
| Total Parking | 1 |
| Building Area Total | 1776 |
| Lot Size Acres | 0.22 |
| Road Surface Type | Alley Paved |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 80525
Price
Taxes
Year Built
Visits
© 2026 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
