$1,200,000

501 Aspen Ave Estes Park, CO 80517

Country Club Manor Neighborhood

Estimated payment $7,058/month

Total Views 7,824
8 Beds
8 Baths
2,560 Sq Ft
$469 Price per Sq Ft

Highlights

  • Mountain View
  • Eat-In Kitchen
  • Zoned Heating
  • No HOA
  • Patio
  • Outdoor Storage

About This Home

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.

Listing Agent

Kirk Fisher

RE/MAX Mountain Brokers

Co-Listing Agent

Bianca Bismark

RE/MAX Mountain Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,318

Year Built

  • Built in 1910

Lot Details

  • 1.31 Acre Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,560 Sq Ft Home
  • 2-Story Property
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Estes Park Elementary And Middle School
  • Estes Park High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number R0522015

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Country Club Manor Add Subdivision

Building Details

  • Gross Income $92,720
  • Net Operating Income $71,763

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,318

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 1.31
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: 0RMTN
  • Subdivision Name: COUNTRY CLUB MANOR ADD
  • Directions: From Hwy 7 turn onto Stanley Avenue, turn onto Aspen Avenue. Property is on the right side of the street.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family, Commercial or Industrial
  • Private Spa: No
  • Appliances: Electric Range/Oven
  • Has Basement: None
  • Total Bedrooms: 8
  • Interior Amenities: Eat-in Kitchen
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Estes Park
  • Heating: Hot Water, Baseboard, Zoned
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: District Sewer
  • Water Source: City Water, Estes Park
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Estes Park
  • HighSchool: Estes Park
  • Junior High Dist: Estes Park District
  • Middle Or Junior School: Estes Park

Lot Info

  • Zoning: RM
  • Lot Size Sq Ft: 57064
  • Parcel #: R0522015
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4317.58

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 92720
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 20956.58

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2024 10/23/24 For Sale $1,200,000 -- $469 / Sq Ft
Source: IRES MLS

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Source: IRES MLS

MLS Number: 1021116

IRES MLS

APN: 25303-16-025

Colorado Larimer County Estes Park 80517 Country Club Manor

501 Aspen Ave, Estes Park, CO

Homes for Sale in Estes Park, CO

This home is located at 501 Aspen Ave, Estes Park, CO 80517 and is currently priced at $1,200,000, approximately $468 per square foot. This property was built in 1910. 501 Aspen Ave is a home located in Larimer County with nearby schools including Estes Park K-5 School, Estes Park Options School, and Estes Park Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

Kirk Fisher
Listing Agent
Kirk Fisher
Section Image
RE/MAX Mountain Brokers
(970) 450-5185