1114 W Mulberry St, Fort Collins, CO 80521

• 4 beds |
• 3 baths |
• 1,724 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

June 14, 2026 at 6:21PM

Listing Office:

C3 Real Estate Solutions LLC : 9702255152

Listing Agent:

Michael Salza : 2027019254

MLS ID:

1061194

Interior

• General: Separate Dining RoomCathedral Ceiling(s)Open FloorplanWalk-In Closet(s)Washer/Dryer HookupSkylights6-Panel Doors
• Appliances: Electric RangeDishwasherRefrigeratorWasherDryerMicrowaveDisposalFire Alarm
• Basement: NoneCrawl SpaceBuilt-In Radon
• Flooring: Wood
• A/C: Central AirCeiling Fan(s)
• Heating: None
• Fireplace: Insert
• Disability Feature: Level LotLevel DriveNear BusLow CarpetInterior Door Openings 32" plusMain Floor BathMain Level BedroomMain Level Laundry
• Eco/Green Feature: Sun SpaceSouthern ExposureWindowsDoors

Exterior

• General: Sprinkler SystemOversized Garage
• Style: Contemporary
• Other Structures: EnclosedPatio
• Parking: Garage Door OpenerAttached

Construction

• Roofing: Composition
• Windows: Skylight(s)
• General: FrameCompositionOne

Location

• Road/Access: City StreetAlley
• Originating MLS: ires
• School District: Poudre
• County: Larimer

Lot

• Zoning: NCLR0037834
• View: Hills
• Fencing: FencedWood

Utilities

• Utilities: Natural Gas AvailableElectricity AvailableSatellite AvailHigh Speed AvailCity of FTC
• Water: City
• Sewer: Public Sewer

Financial

• Source: ires
• Exclusions: Seller and Tenant personal property