REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

Sep

Sat

Sep

Sun

Sep

Jennifer Berg

jennifermberg@icloud.com +1(720) 272-1171

$1,400,000

Est. payment - /mo

5,302 SqFt

Save Virtual Tour

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,302 sqft

Price per Sqft $264

MLS Listing ID 4868028

HOA Y/N No

Year Built 1912

Annual Tax Amount $910

Tax Year 2023

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Multi-Family

Source recolorado

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

Read Less Info

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

I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

+1(720) 272-1171

jennifermberg@icloud.com

Learn more about this property

550 Castello AVE Fairplay, CO 80440