Homes for sale - 418 Stanley Ave, Estes Park, CO 80517

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Christine Gwinnup

christine@theboldcollectivehomes.com +1(303) 709-4262

$ 850,000

Est. payment | -/mo

8 Beds

7 Baths

0.44 Acres Lot

Save

$ 850,000

Est. payment | -/mo

Save

8 Beds

7 Baths

0.44 Acres Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Attached Dwelling

Listing Status Backup

Purchase Type For Sale

Subdivision White Meadow View Place Add

MLS Listing ID 1034036

Style Ranch

Bedrooms 8

HOA Y/N false

Year Built 2005

Annual Tax Amount $2,429

Lot Size 0.440 Acres

Acres 0.44

Property Sub-Type Attached Dwelling

Source IRES MLS

Property Description

Exceptional Investment Opportunity - Fully Leased 6-Unit Income Property. This turnkey complex offers strong, steady income and a solid return, an excellent addition to any investor's portfolio. Fully Rented with consistent rental history. Projected Gross Income of $70K annually and estimated expenses of $25K annually. Cap Rate comes in around 5.37%. There is one 3 Bed / 2 Bath unit (~1,250 sq ft). Units 2-4 are efficient 1 Bed / 1 Bath apartments (~250 sq ft each) and unit 6 is a standalone 1 Bed / 1 Bath cabin (~350 sq ft). Tenants pay for electric and water, keeping operating costs low. A coin-operated laundry provides additional income, and there's ample off-street parking for tenant convenience. Located within walking distance to downtown, close to schools and the recreation center; this property stays in high demand. Whether you're expanding your real estate portfolio or entering the multi-family market, this property checks all the boxes for reliable cash flow and long-term potential. Schedule your private showing today!

Location

State CO

County Larimer

Area Estes Park

Zoning RM

Direction From the intersection of Hwy 34 and hwy 36 go south on Hwy 36 .3 of a mile to Stanley Ave. take a right and go .3 of a mile and property will be on the right

Rooms

Basement None

Interior

Interior Features Satellite Avail, High Speed Internet, Outside Entry, Kitchen Island

Heating Baseboard

Flooring Wood Floors

Fireplaces Type None

Fireplace false

Window Features Skylight(s)

Appliance Electric Range/Oven, Refrigerator, Microwave, Disposal

Exterior

Fence Partial

Utilities Available Electricity Available, Cable Available

View Mountain(s)

Roof Type Composition

Street Surface Paved,Asphalt

Building

Lot Description Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level, Within City Limits

Faces North

Story 1

Sewer City Sewer

Water City Water, Town of Estes Park

Level or Stories One

Structure Type Wood/Frame,Wood Siding,Painted/Stained

New Construction false

Schools

Elementary Schools Estes Park

Middle Schools Estes Park

High Schools Estes Park

School District Estes Park District

Others

Senior Community false

Tax ID R0520101

SqFt Source Assessor

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by Javier Gomez • RE/MAX Mountain Brokers • 9705865324

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(303) 709-4262

christine@theboldcollectivehomes.com

Loveland, Colorado

418 Stanley Ave Estes Park, CO 80517