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  • $2,995,000

    525 Red Lady Avenue, Crested Butte, CO 81224

    6beds
    5,855sqft
    : 
    Apartment
    Built in 1997
    -- sqft lot
    $2,859,600 Zestimate®
    $512/sqft
    $-- HOA

    What's special

    Gas fireplaceOff-street assigned parking space
    Multi family 6 - one bedroom apartment units - residential investment opportunity in prime location in Crested Butte. Don’t miss this rare opportunity to acquire 6 long term multi-family residential apartment units located in the Town of Crested Butte within the Majestic Plaza retail center adjacent to Clarks Market and on the Town of CB bus route. The units have a strong rental history making this an attractive investment opportunity. These units would be suitable for employee housing. Each spacious 2nd floor unit offers 1 bedroom, 1 bath, a large storage/laundry area with built in shelves, a gas fireplace, large windows capturing beautiful mountain views, and 1 off-street assigned parking space. Crested Butte, also known as Colorado’s last great ski town, is an up and coming resort community located 3 miles from the Crested Butte Mountain Resort now owned by Vail Resorts and included in the EPIC pass. The community offers exciting events, music, a creative arts district, and endless recreation opportunities. With all the Crested Butte has to offer the demand for long term rentals has always been high and will continue to be a desirable place for people to call home.
    165 days
    on Zillow
    |
    176
    |
    2
    |

    Zillow last checked: 7 hours ago

    Listing updated: November 14, 2024 at 11:38pm

    Listed by:

    Caleb Brewer 970-209-1911,

    Peak Property Management & Sales

    Source: CREN,MLS#: 819324MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 525 Red Lady Avenue.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 6
    Primary bedroom
    • Level: Main
    Dining room
    • Features: Kitchen Bar
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
    Features
    • Flooring: Carpet, Tile
    • Basement: Crawl Space
    • Has fireplace: Yes
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 5,855
    • Total interior livable area: 5,855 sqft

    Property

    Parking
    • Parking features: 1 per unit, Assigned, Off Street
    Features
    • Levels: Two
    • Stories: 2
    • Has view: Yes
    • View description: Mountain(s)
    Details
    • Parcel number: 325503186021
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Apartment
    • Attached to another structure: Yes
    Materials
    • Wood Siding
    • Roof: Rolled/Hot Mop
    Condition
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Sewer: City Sewer
    • Water: City Water
    • Utilities for property: Metered for Electricity, Metered for Gas

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: Yes
    • HOA name: Majestic Condominium Association
    Location
    • Region: Crested Butte

    Financial & listing details

    • Price per square foot: $512/sqft
    • Annual tax amount: $10,485
    • Date on market: 11/12/2024
    • Listing terms: Cash,Conventional
    • Road surface type: Paved
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