Estes Park, CO 80517 501 Aspen Ave
$1,200,000
26 more
Presented By: RE/MAX Mountain Brokers; 9705865324
Beds • 8
Baths • 8
SQFT • 2,560
Home Details
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.
Presented By: RE/MAX Mountain Brokers; 9705865324
Interior Features for 501 Aspen Ave
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths8
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
BasementNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesEat-in Kitchen
General for 501 Aspen Ave
AppliancesElectric Range/Oven
Attached Garage No
Cap Rate5.98
CityEstes Park
Construction MaterialsWood/Frame
CountyLarimer
DirectionsFrom Hwy 7 turn onto Stanley Avenue, turn onto Aspen Avenue. Property is on the right side of the street.
ElectricElectric, Estes Park
Elementary SchoolEstes Park
ExclusionsTenants and Owners personal possessions
Garage Y/NNo
Gas Y/NNatural Gas, Xcel
Gross Income92720
HOANo
HeatingHot Water, Baseboard, Zoned
High SchoolEstes Park
High School DistrictEstes Park District
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet57064
Lot Size UnitsSquare Feet
MLS AreaEstes Park
Middle/Junior High SchoolEstes Park
Net Operating Income71763.42
New ConstructionNo
Number Of Units Total8
Operating Expense20956.58
Other StructuresStorage
Patio/Porch FeaturesPatio
Possible UseMulti-Family, Commercial or Industrial
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerDistrict Sewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameCOUNTRY CLUB MANOR ADD
Tax Annual Amount4317.58
Tax Year2024
Tenant PaysDeposit
UtilitiesNatural Gas Available, Electricity Available
ViewMountain(s)
Waterfront Y/NNo
Year Built1910
ZoningRM
Exterior for 501 Aspen Ave
Horse Y/NNo
Lot Size Acres1.31
Lot Size Area57064
Road Frontage TypeCity Street
Road Surface TypePaved
SpaNo
Water SourceCity Water, Estes Park
Additional Details
Price History
Schools
Elementary School
Estes Park Elementary School
Middle School
Estes Park Middle School
High School
Estes Park High School
