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418 Stanley Ave, Estes Park, CO 80517

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For Sale

$850,000

8 beds7 baths3,037 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $279.88
    Price per square foot

  • 11-20 Years Old
    Age

Explore this Property

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!
MLS# 1034036

Courtesy Of RE/MAX Mountain Brokers

(970) 222-2779

Property Features

  • Age
    11-20 Years Old
  • Architecture Style
    Ranch
  • Lot Size
    0.44 Acres

Map and Directions

Directions to 418 Stanley Ave, Estes Park, CO 80517
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Home seller CENTURY 21 Elevated Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Elevated Real Estate

(970) 224-1800
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