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418 Stanley Estes Park, CO 80517
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,037 sqft
Subdivision White Meadow View Place Add
MLS Listing ID IRE1034036
Sold Date 08/29/25
HOA Y/N No
Year Built 2005
Annual Tax Amount $2,429
Tax Year 2024
Lot Size 0.440 Acres
Acres 0.44
Property Sub-Type Multi Family
Source ires
Property Description
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!
Location
State CO
County Larimer
Community White Meadow View Place Add
Area Estes Park
Zoning RM
Direction From the intersection of Hwy 34 and hwy 36 go south on Hwy 36 .3 of a mile to Stanley Ave. take a right and go .3 of a mile and property will be on the right
Rooms
Basement None
Interior
Interior Features Skylights, Outside Entry, Kitchen Island
Heating Baseboard
Flooring Wood
Fireplaces Type None
Appliance No Units Furnished, Electric Range, Refrigerator, Microwave, Disposal
Exterior
Fence Partial
Utilities Available Electricity Available, Cable Available, Separate Meter Electricity, Satellite Avail, High Speed Avail
View Y/N Yes
View Mountain(s)
Roof Type Composition
Improvements No
Garage No
Building
Lot Description Evergreen Trees, Native Grass, Level, House Faces North, City Limits, Paved, Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet
Sewer Public Sewer
Water City
Level or Stories One
Structure Type Frame,Wood Siding,Painted/Stained
New Construction false
Schools
Elementary Schools Estes Park
Middle Schools Estes Park
High Schools Estes Park District
School District Estes Park District
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Special Listing Condition Private Owner
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