525 Red Lady Avenue,Crested Butte, CO 81224
Crested Butte, CO 81224
Description
Exceptional opportunity to acquire a multi-family property featuring six (6) one-bedroom condo units in the heart of Crested Butte. Each unit has been condominimized, allowing for individual deeded ownership - perfect for investors seeking flexibility to sell units separately or operate as a rental portfolio. Don't miss this rare opportunity to acquire 6 long term multi-family residential apartment units located in the Town of Crested Butte within the Majestic Plaza retail center adjacent to Clarks Market and on the Town of CB bus route. The units have a strong rental history making this an attractive investment opportunity. These units would be suitable for employee housing. Each spacious 2nd floor unit offers 1 bedroom, 1 bath, a large storage/laundry area with built in shelves, a gas fireplace, large windows capturing beautiful mountain views, and 1 off-street assigned parking space. Crested Butte, also known as Colorado's last great ski town, is an up and coming resort community located 3 miles from the Crested Butte Mountain Resort now owned by Vail Resorts and included in the EPIC pass. The community offers exciting events, music, a creative arts district, and endless recreation opportunities. With all the Crested Butte has to offer the demand for long term rentals has always been high and will continue to be a desirable place for people to call home.
Details
| MLS # | 835725 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1997 |
| Days On Site | 146 |
| Listing Provided By | Peak Property Management & Sales | Caleb Brewer |
Features
| Bath(s) | 6 Total |
|---|---|
| SQ Feet | 5,855 |
| Basement | Y |
| Story(s) | 2 |
| Units | 6 |
| Zoning | Residential |
| Property View | Yes |
Interior
| Heating Yes / No | Yes |
|---|---|
| Heating | Baseboard, Electric, Natural Gas, Stove |
| Interior Features | Breakfast Bar, Fireplace, Kitchen Island, Main Level Primary |
| Furnished | Unfurnished |
| Appliances | Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer |
Exterior
| Roof | Rolled Hot Mop |
|---|---|
| Construction Materials | Wood Siding |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Assigned, Off Street, One Space |
Other
| List Aor | Gunnison Crested Butte Association Of Realtors |
|---|
Area Information
| State | CO |
|---|---|
| County | Gunnison |
| City | Crested Butte |
| Zip Code | 81224 |
| Area | Crested Butte |
| School District | Crested Butte Community K-12 |
| Elementary School | Crested Butte Community K-12 |
| High School | Crested Butte Community K-12 |
| Listing VS Median (in 81224) | |
Price: $2,999,000 low | high Med: $1,950,000 sqft: 5,855 low | high Med: 2,608 $ / sqft: $512 low | high Med: $748 On site: 146 low | high Med: 424 | |
Market Activity 81224
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Learn More About This Property
| State | CO |
|---|---|
| County | Gunnison |
| City | Crested Butte |
| Zip Code | 81224 |
| Area | Crested Butte |
| School District | Crested Butte Community K-12 |
| Elementary School | Crested Butte Community K-12 |
| High School | Crested Butte Community K-12 |
| Listing VS Median (in 81224) | |
Price: $2,999,000 low | high Med: $1,950,000 sqft: 5,855 low | high Med: 2,608 $ / sqft: $512 low | high Med: $748 On site: 146 low | high Med: 424 | |