344 E. Mulberry Street, Fort Collins, CO 80524

New

An Extraordinary Opportunity

Introducing an extraordinary opportunity to own the historic "Arthur House," a magnificent Queen Anne Victorian mansion steeped in fascinating history. This versatile property offers the option to maintain its current use or easily adapt it to suit your needs. Ideally situated in the highly sought-after Old Town area of Fort Collins, this legal 5-unit apartment building boasts an excellent location that guarantees high visibility. The impressive Arthur House was designed by the esteemed architects Nichols & Canman of Denver, in partnership with Richard Burke, a prominent builder from Fort Collins. Originally commissioned by James and Mary Arthur, this grand residence was completed in January 1882, garnering significant acclaim in the newspapers of Fort Collins during that remarkable era. Numerous upgrades have been made, including new appliances, kitchen and bathroom renovations, fresh paint, and more. A new Class 4 Impact Resistant GAF Grand Sequoia Lifetime Designer Shingle Roofing System with new underlay was installed in 2020. A complete sewer line upgrade was completed in 2017. The foundation of the building is constructed of masonry sandstone, and the exterior and load-bearing walls are three bricks thick with mortar filling, creating a stable and long-lasting structure. A private parking lot with an impressive capacity of 21 spaces is included. The property also presents the potential for historical designation, opening the door to grants and low-interest loans. Additionally, the NCB zoning permits various uses, such as a single-family home,offices, medical or dental clinics, service industry establishments, group homes, and fraternity or sorority chapter houses,among others. Four of the five units are currently under lease agreements, while the owner occupies the fifth. Each unit has new American Standard Cadet toilets, new A/C units, new paint, and updated bathrooms and kitchens. This is an outstanding income-earning opportunity.