Active
550 Castello Avenue
Fairplay CO, 80440
$1,400,000
$264.05 per sqft
Active
5,302 sqft
Commercial
Built in 1912
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.
4868028
MLSⓇ ID
January 24, 2025
Listed
February 24, 2025
Updated
Interior Features
Total Stories
3
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.34 Acres
Exterior Features
Balcony
Lot Features
Historical District
Roof
Architecural Shingle
Sewer
Public Sewer
Security
Carbon Monoxide Detector(s), Fire Alarm
Other Property Details
Taxes
$910
Tax Frequency
Annually
Garage
No
Parking
Circular Driveway, Driveway-Gravel
Parking Total
0
View
No
County
Park
Water Source
Public
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected
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Data last updated 5:45 PM UTC, 2/24/2025
