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About This Home

This 0-bedroom, 0-bathroom commercial at 550 Castello Avenue in Fairplay, CO is listed for $1,400,000. Built in 1912, on a 0.34 acres lot.

Agent 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.

Key Features

  • Built in 1912
  • 0.34 acre lot

Property Details

1912

Monthly Cost Estimate

$7,487/mo

20% down · 6.5% · 30 years

Principal$1,012
Interest$6,067
Insurance$408

Estimates only. Actual payments may vary.

Location

550 Castello Avenue

Fairplay, CO 80440

CLARK & BOGUE

Property Details

Heating

Natural GasForced Air

Cooling

Ceiling Fan(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 550 Castello Avenue is listed at $1,400,000. The estimated monthly payment is $6,067 based on 20% down at 6.5% interest.

Key features include: Built in 1912, 0.34 acre lot.

This property is listed by Kevin Broadrick and can be reached at (970) 453-0466 or kevin@ptbreck.com.

KB

Kevin Broadrick

Agent at Paffrath & Thomas R.E.S.C

(970) 453-0466

Listed by Paffrath & Thomas R.E.S.C · View on Broker Site

MLS# S1055839· Source: listhub· Updated 493 days ago

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550 Castello Avenue, Fairplay, CO 80440

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