CommercialSaleColoradoPark CountyFairplay80440550 Castello Ave, Fairplay, CO 80440, USA

550 Castello Ave, Fairplay, CO 80440, USA

550 Castello Ave, Fairplay, CO 80440, USA
  • 5302 sq ft
$1,400,000
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Basics

  • Status:
  • Category:
  • Area, sq ft: 5302 sq ft
  • Bathrooms: 0
  • Business Name: N/A
  • OriginatingSystemName: SUMMIT
  • MLS ID: S1055839
  • Year built: 1912
  • Lot Size Acres: 0.34 acres
  • Date Added: 2025-01-24
  • Days On Market: 2

Description

  • 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.

    Show all description

Location

  • Directions: From HWY 9 in Fairplay, turn North onto Fifth Street. Turn Right onto Castello Avenue. Property located on the Left.
  • Neighborhoods:

Building Details

  • Water Source: Public
  • Sewer: PublicSewer
  • Subdivision Name: CLARK & BOGUE
  • Virtual Tour URL Branded: https://my.matterport.com/show/?m=6Mp8iqQSD9m
  • Roof: Architectural,Shingle
  • Parcel Number: 339
  • Waterfront: No
  • Heating: Yes
  • Land Lease: No
  • ViewYN: No
  • Lot Size Area: 0.34 sq ft
  • Business Type: HotelMotel
  • Open Parking: No

Video

  • Video:

Amenities & Features

  • Parking Features: Driveway,OffStreet,ParkingLot,ParkingPad, Driveway,OffStreet,ParkingLot,ParkingPad
  • Utilities: CableAvailable, ElectricityAvailable, NaturalGasAvailable, SewerAvailable, SewerConnected, TrashCollection, WaterAvailable
  • Cooling: CeilingFans
  • Electric: Volts110,Volts220
  • Heating: ForcedAir,NaturalGas
  • Fireplace: No
  • Spa: No
  • CoolingYN: No
  • Pets Allowed: Yes
  • PoolPrivateYN: No

Expenses, Fees & Taxes

  • Tax Annual Amount: $909.78
  • Tax Year: 2023

Miscellaneous

  • Exclusions: No
  • Attribution Contact: (970) 453-0466

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Listing Information Courtesy of:

  • Agent Name: Kevin Broadrick
  • List Office Name: Paffrath & Thomas R.E.S.C

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