Skip To Content

550 Castello Avenue

Fairplay, CO 80440
  • $1,400,000
  • STATUS: Active
  • ON SITE: 57 Days
  • MLS #: S1055839
$1,400,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1912
County:
Area:

School Ratings & Info

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.

Monthly Payment Calculator



© 2025 Summit MLS, Inc., a wholly owned subsidiary of Summit Association of REALTORS®. All rights reserved. The information being provided is for the consumer's non-commercial, personal use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. The information provided is not guaranteed and should be independently verified. You may not reprint or redistribute the information, in whole or in part, without the expressed written consent of Summit Association of REALTORS®. Data last updated: 2025-03-23T00:27:34.867.
www.summitliving.com/homes/159706307
Print Image

550 Castello Avenue Fairplay, CO 80440

  • Price: $1,400,000
  • Status: Active
  • On Site: 57 Days
  • MLS #: S1055839
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1912
Built
Neighborhood:
Clark & Bogue
County:
Park
Area:
Park County
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.
Exterior Features

Parking Features DrivewayOff StreetParking LotParking Pad Roof ArchitecturalShingle

Interior Features

Building Area Total 5302 Cooling Ceiling Fan(s) Heating Forced AirNatural Gas

Property Features

Business Name N/A Business Type Hotel/Motel Electric 110 Volts220 Volts Exclusions No Pets Allowed Yes Sewer Public Sewer Structure Type Multi Family Tax Annual Amount 909.78 Tax Lot 7 Tax Year 2023 Tenant Pays Cable TVGas Utilities Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableSewer ConnectedTrash CollectionWater Available Water Source Public Zoning Description Commercial

© 2025 SAR MLS
Listing provided courtesy of Paffrath & Thomas R.E.S.C: (970) 453-0466.


© 2025 Summit MLS, Inc., a wholly owned subsidiary of Summit Association of REALTORS®. All rights reserved. The information being provided is for the consumer's non-commercial, personal use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. The information provided is not guaranteed and should be independently verified. You may not reprint or redistribute the information, in whole or in part, without the expressed written consent of Summit Association of REALTORS®. Data last updated: 2025-03-23T00:27:34.867.
 
https://bt-photos.global.ssl.fastly.net/summit/orig_boomver_1_S1055839-2.jpg https://bt-photos.global.ssl.fastly.net/summit/orig_boomver_1_S1055839-2.jpg https://bt-photos.global.ssl.fastly.net/summit/orig_boomver_1_S1055839-2.jpg
Logo
Colorado Real Estate Summit County, LLC
358 Blue River Parkway, Suite G, POB 2960
Silverthorne CO, 80498