550 Castello Ave, Fairplay, CO 80440, USA
550 Castello Ave, Fairplay, CO 80440, USA- 5302 sq ft
Basics
- Status: Active
- Category: CommercialSale
- 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
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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.
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Location
- Directions: From HWY 9 in Fairplay, turn North onto Fifth Street. Turn Right onto Castello Avenue. Property located on the Left.
- Neighborhoods: CLARK & BOGUE
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
Ask Us About This Home
Listing Information Courtesy of:
- Agent Name: Kevin Broadrick
- List Office Name: Paffrath & Thomas R.E.S.C