9
See all 9 photos
$185,000
Est. payment /mo
5,990 Sqft Lot
Active
556 Cajetan ST Fort Collins, CO 80524
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Old Town North 4Th Fil
MLS Listing ID IR1030284
HOA Fees $110/mo
HOA Y/N Yes
Lot Size 5,990 Sqft
Acres 0.14
Property Sub-Type Improved Land
Property Description
Price SUBSTANTIALLY reduced! Attention Investors & Savvy Homebuilders! Here's an exceptional opportunity in Fort Collins: 556 Cajetan St is a prime corner lot with 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 a 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 payments. 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 of experience owning short-term rentals in the neighborhood and estimates the gross income for all 3 units, rented full-time short-term, at 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.
Location
State CO
County Larimer
Zoning CCN
Exterior
Utilities Available Natural Gas Available
Amenities Available Trail(s)
Waterfront Description Public
View Mountain(s)
Private Pool No
Building
Water Public
Schools
School District Elementary: Poudre R-1, High: Poudre R-1
Others
HOA Fee Include Snow Removal,Trash
Tax ID R1669373
© 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byHaagenson Investments
Nearby Locations
GET MORE INFORMATION
TESTIMONIALS
James
Travis Hightower is an exceptional real estate professional. I worked with him on the sale of my condo, and his professionalism, initiative, and attention to detail were outstanding from beginning to end. Travis took ownership of the entire process. He coordinated the contractors, got the property market-ready quickly, and produced a listing that stood well above the competition. The photography and presentation were first-class. He even took the initiative to meet with the HOA to better understand the property's finances, future plans, and implications for residents. The results spoke for themselves. Despite listing in December, we were under contract within a week and closed in less than a month. We also achieved an excellent price, particularly considering a condo one building over sold for approximately 11% less just a few months later. I was traveling internationally during much of the process, but Travis and his team made everything straightforward. Communication was consistently clear, responsiveness was excellent, and the closing team was equally professional and reasonable in its fees. Real estate is clearly more than a profession to Travis. He lives and breathes it, and that commitment shows in the quality of his work, the people he surrounds himself with, and the results he delivers. Beyond his professionalism, Travis is genuinely warm, personable, and a pleasure to work with. He has a way of making you feel at ease and that you're in good hands. I couldn't be happier with the experience and would recommend Travis without hesitation.