CO > Fairplay
Fairplay, CO 80440,550 Castello AVE
Fairplay, CO 80440,550 Castello AVE,Video Tour
Fairplay, CO 80440,550 Castello AVE
Fairplay, CO 80440,550 Castello AVE
Fairplay, CO 80440,550 Castello AVE
Fairplay, CO 80440,550 Castello AVE
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Alex Tooke + Derek Weber

Alex Tooke + Derek Weber

REAL

+1(303) 339-3543
$ 1,400,000
Est. payment | /mo

0.34 Acres Lot

Save Virtual Tour
$ 1,400,000
Est. payment | /mo
Save Virtual Tour

0.34 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4868028

HOA Y/N No

Originating Board recolorado

Year Built 1912

Annual Tax Amount $910

Tax Year 2023

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Multi-Family

Property Description

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.

Location

State CO

County Park

Interior

Fireplace N

Exterior

Exterior Feature Balcony

Parking Features Circular Driveway, Driveway-Gravel

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

Roof Type Architecural Shingle

Garage No

Building

Lot Description Historical District

Sewer Public Sewer

Water Public

Structure Type Stucco

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://my.matterport.com/show/?m=6Mp8iqQSD9m

REColorado (REColorado MLS)
© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Paffrath & Thomas Real Estate • kevin@ptbreck.com,970-485-4665

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NEED DOWN PAYMENT ASSISTANCE?

Our team specializes in finding FREE DOWN PAYMENT GRANTS for UP TO 4% of the loan amount, and in most cases with no repayment requirement.

 

Basic requirements: 

        ~ NO First Time Home Buyer requirement!
        ~ 620+ Credit score
        ~ Make less than $195,600