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1720 Springfield Drive

Fort Collins CO 80521

0.18 ac.
Single-Family
Currently for sale - view listing

Overview

Welcome to 1720 Springfield Dr in Fort Collins, a unique income-producing property offering an excellent opportunity for investors or owner-occupants seeking supplemental rental income. This well-maintained residence has been thoughtfully configured into 4 large bedrooms, designed to maximize functionality while creating a strong income-generating setup. Whether you're looking to expand your portfolio or offset your mortgage, this property offers versatility and consistent rental appeal. The home has four bedrooms that share a common living area and bathroom, creating a practical and community-oriented layout that can appeal to tenants seeking affordability and convenience. Additional highlights include neutral finishes, and access to outdoor space for tenants to enjoy. The backyard has a large deck with pergola and provides room for relaxation or casual gatherings, and the attached garage adds convenience for residents. This setup is well-suited for students, traveling professionals, or tenants looking for a shared housing environment. Located in an established off campus neighborhood that is located less than 1 mile from the CSU campus. The property offers easy access to parks, shopping, dining, and major commuter routes, making it a desirable rental location. With strong demand for affordable housing options and the benefit of multiple income streams, 1720 Springfield Dr presents a compelling investment opportunity with immediate cash flow potential and long-term upside. Strong rental history with full occupancy across all rooms since owned.

Features

0.18 ac. lot size
Single-Family

Property history for 1720 Springfield Drive

2023
Sold
$524,000
21 Feb 2023 by Angie Spangler, of RE/MAX Alliance-FTC Dwtn

Happy sellers in Fort Collins

92%
92% of sellers in Fort Collins reported that their sale price either exceeded or met their price expectations.

Fort Collins stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Fort Collins over the last 12 months.

Local market activity for single-family properties in Fort Collins

In the last 12 months, 206 single-family properties similar to 1720 Springfield Drive, have been sold.

This represents a 24% decrease in single-family properties sales when compared to the previous 12 months.

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