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501 Aspen Ave

Estes Park, CO 80517
  • $1,200,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: 1021116
UPDATED: 17 min ago
$1,200,000
  • 8
    BEDS
  • 1.31
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 2,560
    SQFT
  • $469
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Investment property featuring 8 rental units, each offering 325 sq. ft. of living space with an additional 6x5 personal storage unit for every tenant. Each unit comes with utilities included, providing added convenience and appeal to tenants. The property has a detached storage building for tenant use and ample on-site parking. Located within walking distance to downtown and the local hospital, this property offers tenants easy access to key amenities and services. With its desirable location, this property presents an opportunity for investors seeking steady rental income with potential for growth.

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© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2024-12-04T18:41:01.273.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/157073568
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501 Aspen Ave Estes Park, CO 80517

  • Price: $1,200,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 17 min ago
  • MLS #: 1021116
8
Beds
8
Baths
0
½ Baths
1.31
Acres
2,560
SQFT
$469
$/SQFT
1910
Built
Neighborhood:
Country Club Manor Add
County:
Larimer
Area:
11 Estes Park area (Larimer County)
Elementary School:
Estes Park
Middle School:
Estes Park
High School:
Estes Park
School District:
Estes Park District
Property Description
Investment property featuring 8 rental units, each offering 325 sq. ft. of living space with an additional 6x5 personal storage unit for every tenant. Each unit comes with utilities included, providing added convenience and appeal to tenants. The property has a detached storage building for tenant use and ample on-site parking. Located within walking distance to downtown and the local hospital, this property offers tenants easy access to key amenities and services. With its desirable location, this property presents an opportunity for investors seeking steady rental income with potential for growth.
Exterior Features

Construction Materials Wood/Frame Horse YN No Levels Two Other Structures Storage Patio And Porch Features Patio Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa YN No View Mountain(s) Waterfront YN No

Interior Features

Appliances Electric Range/Oven Basement None Heating Hot WaterBaseboardZoned Heating YN Yes Interior Features Eat-in Kitchen Living Area Source Assessor Unit1 Bedrooms 1 Unit1 Est Sq Ft 325 Unit1 Total Baths 1

Property Features

Association YN No Cap Rate 5.99 Ditches Active YN No Electric ElectricEstes Park Exclusions Tenants and Owners personal possessions Gas Natural GasXcel Gross Income 92720 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional Locale Estes Park Net Operating Income 71838 New Construction YN No Number Of1 Bedroom Units 8 Operating Expense 20882 Possible Use Multi-FamilyCommercial or Industrial Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Sewer District Sewer Special Listing Conditions Private Owner Tax Annual Amount 4243 Tax Year 2023 Tenant Pays Deposit Utilities Natural Gas AvailableElectricity Available Water Source City WaterEstes Park Zoning RM

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Kirk Fisher of RE/MAX Mountain Brokers: 9705865324.



© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2024-12-04T18:41:01.273.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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