550 Castello Avenue, Fairplay, CO 80440

Building Details

Year Built

1912

Listing office Paffrath & Thomas Real Estate k***@ptbreck.com Show Phone

Listing date Jan 25, 2025

Source Exitrealty

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Overview

This 5-unit apartment building is located in Fairplay, Colorado. The remodeled property contains over 5,300 square feet and includes 13 bedrooms across the 5 apartments. Each unit features new kitchens, bathrooms, flooring, paint, lighting, and water heaters. Unit 1 has 3 bedrooms, 1 bathroom, a mud room, a dining room, and ground floor access. Unit 2 features 4 bedrooms, 1 3/4 bathrooms, top floor access, and a deck. Unit 3 includes 2 bedrooms, 1 1/2 bathrooms, an office, and ground floor access. Unit 4 offers 2 bedrooms, 1 bathroom, a dining room, top floor access, and a deck. Unit 5 has 2 bedrooms, 1 bathroom, a mud room, a walk-in pantry, a walk-in closet, and ground floor access, as well as an unfinished basement. The property has a new roof and a full interior remodel. Additional features include a common-area laundry room, a wrap-around driveway with abundant parking, an unfinished basement area, and an on-site dumpster. The property is located 22 miles from Breckenridge Resort and 2 blocks from Highway 9.

Suggested Use

Parking Lot & Garage HVAC Service Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store Tanning Salon Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Fairplay

County

Park

State

Colorado

Longitude

-105.981

Latitude

39.1352

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FAQs

What type of property is this?

Apartment building - Turn-key, renovated 5-unit apartment building near Breckenridge Resort.

Where is this apartment building located?

The property is located at 550 Castello Avenue Fairplay, CO.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Turn‑key, fully remodeled 5‑unit apartment building.; Potential for consistent and lucrative rental income.; Located 22 miles from Breckenridge Resort.