418 Stanley Ave new Save Request In-Person Tour Request Virtual Tour
Estes Park,CO 80517
Key Details
Property Type Single Family Home
Sub Type Attached Dwelling
Listing Status Active
Purchase Type For Sale
Subdivision White Meadow View Place Add
MLS Listing ID 1034036
Style Ranch
Bedrooms 8
Year Built 2005
Annual Tax Amount $2,429
Lot Size 0.440 Acres
Property Sub-Type Attached Dwelling
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
Interior
Heating Baseboard
Flooring Wood Floors
Fireplaces Type None
Exterior
Fence Partial
Utilities Available Electricity Available,Cable Available
View Mountain(s)
Roof Type Composition
Building
Lot Description Curbs,Gutters,Sidewalks,Fire Hydrant within 500 Feet,Level,Within City Limits
Story 1
Sewer City Sewer
Water City Water,Town of Estes Park
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
Special Listing Condition Private Owner