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%.
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
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

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