Furnished
New
For Sale
$565,000
525 School St, Craig, CO 81625
Four furnished residences include an office that can serve as a separate studio.
Property Size3,350 SF
Days on Market1
Property Features for 525 School St
General Information
Standard status
Active
Size
3,350 SF
Property subtype
Commercial
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Furnished
Yes
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$1,176
Building Details
Building Size
3,350 SF
Year Built
1941
Stories
2
Listing Agency:
Cornerstone Realty, Ltd.
Listed By:
Cobb Team
(970) 629-9876
Source:
Elliman
Added: Oct 30
Last Checked: Oct 30 at 3:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cornerstone Realty, Ltd.
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Investment Insights
Based on property information with market context.
Built in 1941, this quadplex contains four furnished units, with an additional office that can be used as a studio. The owner occupies one upstairs residence, while the other three are rented. A lift chair provides access to the upper level; the bathrooms are not handicap accessible.
A three-car garage is currently used as workshop space, with its doors operational. Parking is available in front of the garages and in a city lot to the south. An accessible deck is being installed at the southeast corner.
A three-car garage is currently used as workshop space, with its doors operational. Parking is available in front of the garages and in a city lot to the south. An accessible deck is being installed at the southeast corner.
Key Highlights
- Four furnished residential units, with a separate office that can be used as a fifth studio
- Built in 1941
- Three‑car garage currently used as workshop space; all garage doors work
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
786
Businesses Nearby
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Business Placement
Demographics for 81625, CO
12,560
Population
5,667
Households
2.2
Avg Household Size
38
Median Age
21%
College-Educated
93%
High-School Grad
1,507.4 sq mi
ZIP Area
8
Density / Sq Mi
$73,649
Median Household Income
$43,764
Median Earnings
$1,059
Median Rent
$266,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four furnished residences include an office that can serve as a separate studio.
Where is this quadplex located?
The property is located at 525 School St Craig, CO.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Four furnished residential units, with a separate office that can be used as a fifth studio; Built in 1941; Three‑car garage currently used as workshop space; all garage doors work
