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Megan Berryman

megan.berryman@engelvoelkers.com +1(717) 606-4214

$ 650,000

Est. payment -/mo

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8284 US Highway 50 Howard, CO 81233

8 Beds

6 Baths

4,196 SqFt

UPDATED:

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

Listed by Pinon Real Estate Group LLC

Megan Berryman

Advisor | FA.100105903

+1(717) 606-4214

Megan Berryman

8284 US Highway 50 Howard, CO 81233

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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8284 US Highway 50