550 Castello Avenue
Fairplay, CO 80440
5302 sqft | 0.34 acres | #4868028

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.
Property Details
- Utility FeaturesElectricity Connected, Natural Gas Connected, Sewer Connected
- Lot DescriptionHistorical District
- Structure TypeFree Standing
- Sewer InformationPublic Sewer
- Property SubtypeMulti-Family
- Original List Price$1,400,000
- Property TypePurchase
- Exterior MaterialsBalcony
- MLS #4868028
- Cost1400000
- MLS #4868028
- Utility SourcePublic
- Acres0.34
- Square Feet5302
- Year Built1912
- CountyPark
- Taxes Annual$910
Location
Legal
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Kevin Broadrick (#REC55049021)
Listing Office: Paffrath & Thomas Real Estate (#RECM5543)

Interested in Purchasing 550 Castello Avenue?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.