550 Castello AVE Fairplay, CO 80440 Active

UPDATED: 02/24/2026 10:08 PM ON MARKET: 487 days on market

$1,400,000

0.34 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Clark & Bogue

MLS Listing ID S1055839

Year Built 1912

Annual Tax Amount $3,241

Tax Year 2025

Lot Size 0.340 Acres

Acres 0.34

Location

State CO

County Park

Area Park County

Direction From HWY 9 in Fairplay, turn North onto Fifth Street. Turn Right onto Castello Avenue. Property located on the Left.

Interior

Heating Forced Air, Natural Gas

Cooling Ceiling Fan(s)

Fireplace No

Exterior

Parking Features Driveway, Off Street, Parking Lot, Parking Pad

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Trash Collection, Water Available

Amenities Available Snow Removal

Water Access Desc Public

Roof Type Architectural, Shingle

Street Surface Gravel

Building

Dwelling Type Multi Family

Sewer Public Sewer

Water Public

Others

Pets Allowed Yes

Tax ID 339

Pets Allowed Yes

Property Description

5-unit apartment building located in the Town of Fairplay, CO! This remodeled, turn-key property is an investor's dream. 550 Castello Avenue has amazing history, and has undergone a major renovation over the past couple years. The building consists of over 5,300 square feet, with 5 apartments, totaling 13 bedrooms. Each unit boasts new kitchens, bathrooms, flooring, paint, lighting, water heaters, and various other upgrades. Located just 22 miles from world renowned Breckenridge Resort, and 2 blocks from HWY 9, this property is designed to offer consistent and lucrative rentals income year-around. All of the hard work has been done, with the installation of a new roof and full interior remodel. Start renting today! Some of the other great features of this property include, a common-area laundry room, wrap around driveway with abundant parking, unfinished basement area, and on-site dumpster. Unit 1 includes 3-bedrooms, 1-bathroom, mud room, dining room, and ground floor access. Unit 2 includes 4-bedrooms, 1 3/4-bathooms, top floor access with deck. Unit 3 includes 2-bedrooms, 1 1/2-bathrooms, office, and ground floor access. Unit 4 includes 2-bedrooms, 1-bathroom, dining room, top floor access, and deck. Unit 5 includes 2-bedrooms, 1-bathroom, mud room, walk-in pantry, walk-in closet, unfinished basement. and ground floor access. See attached floorplans and Matterport tours for more details.

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