Kenwood Heights Homes for Sale

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Newest Kenwood Heights Homes for Sale

$850,000

3 Beds ⋅ 2 Baths ⋅ 1064462 MLS ⋅ ACTIVE UNDER CONTRACT Status

***Multiple Offers Recieved! Offer Deadline set for Noon on Tuesday July 22nd***Ideally located in the heart of Old Town Fort Collins, this inviting home blends timeless character with thoughtful updates in one of the city's most desirable locations. Beautiful hardwood floors welcome you into warm, light-filled living spaces designed for both everyday comfort and effortless entertaining. At the center of the home, the chef-inspired kitchen features a gas range, built-in butcher block countertops, and a functional layout that makes preparing meals and gathering with friends a true pleasure. The main level offers over 1,200 square feet of effortless living, with an open-concept layout that flows seamlessly to the outdoors. Two bedrooms, a full bathroom, and main-level laundry provide the convenience of single-level living-a rare and desirable feature in this established neighborhood.The versatile lower-level recreation room offers additional space to relax, work, pursue hobbies, or host movie and game nights, while the private backyard creates a peaceful outdoor retreat for dining, gardening, or simply enjoying Colorado's beautiful seasons. A detached two-car garage provides added convenience along with extra storage for outdoor gear and everyday essentials.Just minutes from vibrant Old Town, you'll find locally owned restaurants, breweries, coffee shops, boutiques, galleries, and year-round community events. Nearby parks, the Poudre River Trail, and extensive bike paths make it easy to embrace an active outdoor lifestyle, while CSU and the city's thriving cultural scene are just a short drive or bike ride away. The home is also located within the Dunn Elementary school district, a location many buyers appreciate when exploring educational options.

407 S Washington Ave, Fort Collins

$735,000

4 Beds ⋅ 3 Baths ⋅ 1061194 MLS ⋅ ACTIVE Status

1114 W. Mulberry presents an exceptional investment opportunity in the heart of Fort Collins with stable cash flow already in place. This spacious 4-bedroom, 3-bath home is currently leased at $3,800 per month through June 1, 2027, providing immediate and reliable income for the next owner. With an established lease in place, investors can step into ownership with confidence and avoid the uncertainty and expense of marketing an available property and securing new tenants. The functional main-level floor plan offers ample living space appealing to a wide range of tenants, including students, professionals, and those seeking convenient access to everything Fort Collins has to offer. Well-maintained and thoughtfully designed, the home combines comfort, practicality, and strong rental appeal. Generous living areas and a desirable layout contribute to the property's attractiveness within the local rental market. Ideally located near Colorado State University, Old Town Fort Collins, shopping, dining, parks, and major commuter routes, this property benefits from consistent demand in one of Northern Colorado's strongest rental markets. The central location supports appreciation potential and strong occupancy trends while offering convenient access to Fort Collins amenities. Offered at $735,000, the property generates gross rental income of $45,600 annually based on current lease terms. This represents an approximate gross rent multiplier (GRM) of 16.1 and a gross income yield of 6.2%, providing investors with clear performance metrics. The lease through June 2027 offers predictable income, reduced vacancy risk, and immediate cash flow from closing. Whether expanding an investment portfolio, completing a 1031 exchange, or seeking a turnkey income property in a high-demand location, 1114 W. Mulberry offers an attractive combination of immediate cash flow and long-term upside. Opportunities to acquire an income-producing property with established tenant in place are limited.

1114 W Mulberry St, Fort Collins

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