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Howard,CO 81233
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,196 sqft
Price per Sqft $154
Subdivision Howard
MLS Listing ID 8929665
Style Rustic
Bedrooms 8
Full Baths 1
Three Quarter Bath 5
HOA Y/N No
Abv Grd Liv Area 4,196
Year Built 1954
Annual Tax Amount $2,500
Tax Year 2024
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Single Family Residence
Source recolorado
Property Description
Rare investment opportunity with excellent income potential! Formerly a motel, this unique property has been thoughtfully converted into a thriving apartment complex. It features a single-family log home (1,388 sq ft) plus five rental apartments totaling 2,808 sq ft. The main home is move-in ready, offering two comfortable bedrooms, a spacious third bedroom with access to the back patio, and a bright bonus room currently used as a workout space. The five rental apartments include three 1-bed/1-bath apartments (approximately 24' x 24'), all currently rented, and two additional studio apartment. Each rental features restored oak flooring, access to shared laundry facilities, and inviting outdoor sitting areas. Centrally located, the property is just a short walk to the Arkansas River—renowned for Gold Medal fishing—and only minutes from skiing, rafting, hiking, and more well-positioned for strong rental demand. Whether you're looking to live on-site and offset expenses or expand your investment portfolio, this is a true diamond in the rough!
Location
State CO
County Fremont
Zoning Business-B
Rooms
Main Level Bedrooms 8
Interior
Interior Features Built-in Features,Ceiling Fan(s),Eat-in Kitchen,Kitchen Island
Heating Electric,Forced Air,Propane,Wood Stove
Cooling Other
Flooring Concrete,Wood
Fireplaces Number 1
Fireplaces Type Living Room,Wood Burning Stove
Fireplace Y
Appliance Dishwasher,Dryer,Range Hood,Refrigerator,Washer
Laundry In Unit
Exterior
Exterior Feature Fire Pit,Garden,Lighting,Private Yard,Rain Gutters
Parking Features Gravel
Fence Partial
Utilities Available Cable Available,Electricity Connected,Internet Access (Wired),Propane
View Mountain(s)
Roof Type Metal
Total Parking Spaces 15
Garage No
Building
Lot Description Landscaped,Level,Many Trees,Open Space
Foundation Concrete Perimeter
Sewer Septic Tank
Level or Stories One
Structure Type Log
Schools
Elementary Schools Cotopaxi
Middle Schools Cotopaxi
High Schools Cotopaxi
School District Cotopaxi Re-3
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition None