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Off market
  • $551,700

    311 Central Ave #1-3, Kremmling, CO 80459

    6beds
    2,080sqft
    MultiFamily
    Built in 1960
    -- sqft lot
    $551,700 Zestimate®
    $265/sqft
    $2,136 Estimated rent

    What's special

    Great investment opportunity in downtown Kremmling! 3 Units all fully rented 2bed/1bath. NO gutters to clean, NO roof repairs (metal-sheds snow), NO sprinklers system to maintain. Ideal location for tenants who work in Steamboat, Silverthorne, Dillon or Granby. Triplex with 2-bedroom/1 bath units, stays fully rented. Lot includes a side yard for one unit and a large fenced-in back yard for another, front unit no yard. Ample parking with 4 off-street spaces in front and 4 off-street spaces in back. NO HOA, store your RV or boat for the winter on your own land. Amazing views of the mesa. Front units built circa 1960, back unit circa 1900. Two units have been remodeled (2013) and the third is partially updated. Currently owner pays water/sewer/trash bill to the City of Kremmling which could be split among tenants for cap rate of 6.0%.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Hardwood
    • Basement: None
    Interior area
    • Total interior livable area: 2,080 sqft

    Property

    Lot
    • Size: 7,200 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1960

    Community & neighborhood

    Location
    • Region: Kremmling
    Services availability
    Get pre-qualified for a loan
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    An equal housing lender. NMLS #10287.