418 Stanley Ave Estes Park CO 80517

Active

418 Stanley Ave Estes Park CO 80517


Courtesy of: Javier Gomez | RE/MAX Mountain Brokers
$850,000 Estes Park, CO 80517
  • 0.44 Acres
  • Larimer County
  • 8 Beds
  • 7 Baths

Key Features

  • Property Type: Residential Income
  • Status: Active
  • MLS® ID: 1034036
  • Year Built: 2005
  • Lot/Acreage: 0.44
  • County: Larimer
  • Neighborhood: White Meadow View Place Add

Interior Details

  • Bedrooms: 8
  • Bathrooms: 7
  • Appliances: Electric Range/Oven, Refrigerator, Microwave, Disposal
  • Heating: Baseboard
  • Flooring: Wood Floors
  • Basement: None
  • Water: City Water, Town of Estes Park

Exterior Details

  • Zoning: RM
  • Roof: Composition
  • Sewer: City Sewer

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

  • Address: 418 Stanley Ave Estes Park CO 80517
  • City: Estes Park
  • State: CO
  • Zip: 80517

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

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