Property
ActiveResidential
1/40
$550,000

206 S Shields Street

Fort Collins, CO 80521
5
Beds
2
Baths
2,254
SqFt
0.08
Acres
RECOLORADO
#IR1061912
Updated: Jun 30, 2026, 9:15pm

Property Description

Looking for a way to help your CSU student avoid rising rental costs while building equity? This charming Craftsman-style home offers a unique opportunity to provide housing for your student while generating rental income from roommates in one of Fort Collins' most desirable locations.Recent improvements, including a brand-new high-impact shingle roof, fresh exterior paint, and a beautiful Craftsman wood front door, create lasting value and curb appeal. Inside, warm wood floors flow throughout the main level, while the updated kitchen features quartz countertops and hardwood cabinetry that combine durability with timeless style.The flexible floor plan is ideal for student living. The lower level functions almost as a separate apartment, complete with its own alley-access entrance, two bedrooms, a living area, kitchenette, and bathroom. This setup provides excellent options for additional student renters, visiting family, or enhanced privacy for occupants. Upstairs, a spacious loft offers even more versatility and could serve as a large primary suite, study space, or additional bedroom area.The low-maintenance backyard and convenient off-street parking make day-to-day living easy, while the home's location is hard to beat. Just minutes from CSU, students enjoy quick access to campus, while also being close to the Fort Collins Food Co-op, Little on Mountain, City Park, and Downtown Fort Collins.Whether you're seeking a comfortable home base for your CSU student, an opportunity to offset ownership costs with roommate income, or a long-term investment in a high-demand rental market, this property offers the flexibility and location to make it an exceptional choice. Our partner lender is offering a concession of 1% of the loan amount (up to $8,000) to put towards closing costs, a 1-year temporary rate buydown, or a permanent rate buydown. Buyer MUST USE partner lender to receive the concession. Contact us for more information.
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Included Appliances
DishwasherDisposalDryerMicrowaveOvenRefrigeratorWasher

Property Details

Interior
Above Grade Finished Area
1326
Appliances
DishwasherDisposalDryerMicrowaveOvenRefrigeratorWasher
Basement
Full
Below Grade Finished Area
884
Below Grade Unfinished Area
44
Building Area Total
2254
Cooling
Air Conditioning-RoomCeiling Fan(s)
H V A C Description
Wall/Window Unit(s),Ceili
Heating
Forced Air
Interior Features
Open Floorplan
Laundry Features
In Unit
Living Area
2210
Other Equipment
Satellite Dish
Room Count
10
Security Features
Smoke Detector(s)
Window Features
Window Coverings
Construction
Also Marketed As
Residential Lease
Architectural Style
Cottage
Building Area Source
Assessor
Construction Materials
StuccoFrame
Levels
One
Roof
Composition
Structure Type
House
Year Built
1922
Site & Exterior
Fencing
Fenced
Lot Features
Level
Lot Size Acres
0.08
Lot Size Square Feet
3395
Road Frontage Type
Public
Road Surface Type
Alley PavedPaved
Sewer
Public Sewer
Utilities
Cable AvailableElectricity AvailableInternet Access (Wired)Natural Gas Available
Water Source
Public
Zoning
NCL
Financials
Contract Earnest Check To
Blue Sky Title Group
Contract Min Earnest
6000.00
Documents Available
Lead Base Paint
Exclusions
Sellers personal property
Ownership
Individual
Parcel Number
R0035157
Tax Annual Amount
4059
Tax Legal Description
S 48.5 FT OF LOT 12, BLK 3, WASHINGTON PLACE, FTC; AND ALSO COM AT SW COR SD LOT 12, TH W 20 FT; TH N 48.5 FT; TH E 20 FT; S 48.5 FT TPOB
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
Subdivision Name
Washington Place
Schools
Ratings
Elementary
Dunn
Middle
Lincoln
High
Poudre
Elem. District
Poudre R-1
High District
Poudre R-1
Listing provided courtesy of RECOLORADO via IDX. Updated: Jun 30, 2026, 9:15pm.
Tim Borgman

Listing Agent

8z Real Estate

Call Agent