525 Red Lady Avenue #241 - 246, Crested Butte, CO 81224
525 Red Lady Avenue #241 - 246, Crested Butte, CO 81224
525 Red Lady Avenue #241 - 246, Crested Butte, CO 81224
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Michelle Brown, CNE, SRS, SFR, RENE

Michelle Brown, CNE, SRS, SFR, RENE

+1(970) 759-6958
$2,999,000
Est. payment /mo
6 Baths
5,855 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,855 sqft

Price per Sqft $512

Subdivision Crested Butte (Town Of)

MLS Listing ID 836203

Full Baths 6

Year Built 1997

Tax Year 2024

Property Sub-Type Other

Property Description

Exceptional opportunity to acquire a multi-family property featuring six (6) one-bedroom condo units in the heart of Crested Butte. Each unit has been condominimized, allowing for individual deeded ownership — perfect for investors seeking flexibility to sell units separately or operate as a rental portfolio. 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.

Location

State CO

County Gunnison

Interior

Heating Electric Baseboard, Fireplace

Flooring Carpet, Laminate, Tile

Furnishings Unfurnished

Exterior

Parking Features Off Street, 1 per unit

Utilities Available Electric, Natural Gas

Building

Story 1

Foundation Crawl Space

Water Public

New Construction No


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Colorado Real Estate Network (CREN) + Sold
Listed by Peak Property Management & Sales

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525 Red Lady Avenue #241 - 246

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