Homes for sale - 550 Castello AVE, Fairplay, CO 80440

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Source Home Group

homes@hirethebrokerage.com +1(970) 528-0604

$1,400,000

Est. payment - /mo

0.34 Acres Lot

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Key Details

Property Type Multi-Family, Commercial

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4868028

HOA Y/N No

Originating Board recolorado

Year Built 1912

Annual Tax Amount $910

Tax Year 2023

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Multi-Family

Property Description

5-unit apartment building located in the Town of Fairplay, CO! This remodeled, turn-key property is an investor's dream. 550 Castello Avenue has amazing history, and has undergone a major renovation over the past couple years. The building consists of over 5,300 square feet, with 5 apartments, totaling 13 bedrooms. Each unit boasts new kitchens, bathrooms, flooring, paint, lighting, water heaters, and various other upgrades. Located just 22 miles from world renowned Breckenridge Resort, and 2 blocks from HWY 9, this property is designed to offer consistent and lucrative rentals income year-around. All of the hard work has been done, with the installation of a new roof and full interior remodel. Start renting today! Some of the other great features of this property include, a common-area laundry room, wrap around driveway with abundant parking, unfinished basement area, and on-site dumpster. Unit 1 includes 3-bedrooms, 1-bathroom, mud room, dining room, and ground floor access. Unit 2 includes 4-bedrooms, 1 3/4-bathooms, top floor access with deck. Unit 3 includes 2-bedrooms, 1 1/2-bathrooms, office, and ground floor access. Unit 4 includes 2-bedrooms, 1-bathroom, dining room, top floor access, and deck. Unit 5 includes 2-bedrooms, 1-bathroom, mud room, walk-in pantry, walk-in closet, unfinished basement. and ground floor access. See attached floorplans and Matterport tours for more details.

Location

State CO

County Park

Interior

Fireplace N

Exterior

Exterior Feature Balcony

Parking Features Circular Driveway, Driveway-Gravel

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

Roof Type Architecural Shingle

Garage No

Building

Lot Description Historical District

Sewer Public Sewer

Water Public

Structure Type Stucco

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://my.matterport.com/show/?m=6Mp8iqQSD9m

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Listed by Paffrath & Thomas Real Estate • kevin@ptbreck.com,970-485-4665

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Source Home Group

+1(970) 528-0604

Agent | FA.100072314

Agent FA.100072314

550 Castello AVE Fairplay, CO 80440

Source Home Group

Key Details

Location

Interior

Exterior

Building

Others

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