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
Based on information submitted to the MLS GRID as of 2025-01-24 16:40:19 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Kevin Broadrick (#REC55049021), Phone: 970-485-4665, Email: kevin@ptbreck.com
Listing Office: Paffrath & Thomas Real Estate (#RECM5543)

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