220 Virginia Dr
Property Description
Rare investment opportunity near downtown. 5 rental units spread across four buildings on nearly half an acre, a short walk from downtown Estes Park. The property includes three 2-bedroom and two 1-bedroom units, with one building configured as a duplex. All new roofs in the last few years. All painted this year. The duplex sits over a basement that has previously served as an office, storage, and laundry space, giving a buyer the option of an additional income stream, subject to Town of Estes Park approval. Walking distance of shops, dining, the library, and services, and a few miles from Rocky Mountain National Park. The property is zoned multi-family and has an established long-term rental history. It also has a preliminary approval from the town to become a condo development. This property is NOT part of the HOA also at this address.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,190,000 |
| No. of Units: | 5 |
| Year Built: | 1907 |
| Lot Size: | 4,733.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $238,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 5 |
ID: 3yd-IRESCO-1069634
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