550 Castello Ave, Fairplay, CO

$1,400,000

0.34

Acres

About 550 Castello Ave

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.

S1055839 is a commercial sale property located in Clark & Bogue, Fairplay, CO. This home is located at 550 Castello Ave, 80440. Found in the Park County area, the location is close to a variety of amenities. Built in 1912, this property for sale is listed at $1,400,000.00.

Facts & Features

MLS® # S1055839
Price $1,400,000
Bathrooms 0.00
Acres 0.34
Year Built 1912
Type Commercial Sale
Status Active

Community Information

Address 550 Castello Ave
Area Park County
Subdivision CLARK & BOGUE
City Fairplay
County Park
State CO
Zip Code 80440

Amenities

Utilities Cable Available, Electricity Available, Sewer Available, Sewer Connected, Trash Collection, Water Available, Natural Gas Available
Parking Parking Pad, Driveway, Off Street, Parking Lot
Garages Parking Pad, Driveway, Off Street, Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Cooling Ceiling Fan(s)
Fireplace No
Has Basement No

Exterior

Roof Architectural, Shingle

Additional Information

Date Listed January 24th, 2025
Short Sale No
RE / Bank Owned No
HOA Fees 0.00
Deed Restricted No

Listing Details

OfficePaffrath & Thomas R.E.S.C
Contact Info(970) 453-0466

Listing Map

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