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Howard,CO 81233
Key Details
Property Type Single Family Home
Sub Type Residential-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 4,196 sqft
Price per Sqft $154
Subdivision Howard
MLS Listing ID 8929665
Style Chalet,Ranch
Bedrooms 8
Full Baths 1
Three Quarter Bath 5
Year Built 1954
Annual Tax Amount $2,500
Lot Size 1.000 Acres
Property Sub-Type Residential-Detached
Property Description
Rare investment opportunity with excellent income potential! Formerly a motel, this unique property has been thoughtfully converted into a thriving apartment complex. It features a single-family log home (1,388 sq ft) plus five rental apartments totaling 2,808 sq ft. The main home is move-in ready, offering two comfortable bedrooms, a spacious third bedroom with access to the back patio, and a bright bonus room currently used as a workout space. The five rental apartments include three 1-bed/1-bath apartments (approximately 24' x 24'), all currently rented, and two additional studio apartment. Each rental features restored oak flooring, access to shared laundry facilities, and inviting outdoor sitting areas. Centrally located, the property is just a short walk to the Arkansas River-renowned for Gold Medal fishing-and only minutes from skiing, rafting, hiking, and more well-positioned for strong rental demand. Whether you're looking to live on-site and offset expenses or expand your investment portfolio, this is a true diamond in the rough!
Location
State CO
County Fremont
Area Out Of Area
Zoning Business-B
Interior
Heating Forced Air,Wood Stove
Cooling Ceiling Fan(s)
Fireplaces Type Living Room,Single Fireplace
Exterior
Garage Spaces 10.0
Fence Partial
Utilities Available Electricity Available,Propane,Cable Available
View Mountain(s)
Roof Type Metal
Building
Lot Description Gutters,Level,Abuts Public Open Space
Story 1
Sewer Septic,Septic Tank
Structure Type Log,Concrete
New Construction false
Schools
Elementary Schools Cotopaxi
Middle Schools Cotopaxi
High Schools Cotopaxi
School District Cotopaxi Re-3
Others
Special Listing Condition Private Owner