311 Central Avenue
311 Central Avenue Kremmling, Colorado 80459 United States

$650,000
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Great investment opportunity in downtown Kremmling! Own in the mountains and avoid the annual maintenance!!! NO gutters to clean, NO roof repairs (metal-sheds snow), NO sprinklers system to maintain...just rent money coming in every month. Ideal...
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Olson Realty LLC

Listing Courtesy of Olson Realty LLC
6
Bedrooms
2,080 Sq Ft.
Interior
.17 Acres
Exterior
Triplex
Property type
1900
Year Built
7467684
Web Id
7467684
MLS ID
Kremmling
Area
West Grand 1-JT
School District
West Grand
Elementary
West Grand
Middle
West Grand
High

About 311 Central Avenue

Great investment opportunity in downtown Kremmling! Own in the mountains and avoid the annual maintenance!!! NO gutters to clean, NO roof repairs (metal-sheds snow), NO sprinklers system to maintain...just rent money coming in every month. Ideal location for tenants who work in Steamboat, Silverthorne, Dillon or Granby. Triplex with 2-bedroom/1 bath units, stays fully rented. Lot includes a side yard for one unit and a large fenced-in back yard for another, front unit no yard. Ample parking with 4 off-street spaces in front and 4 off-street spaces in back. NO HOA, store your RV or boat for the winter on your own land. Amazing views of the mesa. Front units built circa 1980. Two units have been remodeled (2013) and the third is partially updated. Front two tenants are long-term renters (more than 2 years), month-to-month and would like to stay, could do rental increases if you choose. Back unit new lease expires 9/30/22. Currently owner pays water/sewer/trash bill to the City of Kremmling which could be split among tenants. These small changes would increase cap rate to 6.5%! Nearly impossible to find these days in Colorado market. Tenants pay electric (separate) and gas (shared). Kremmling is well known for fishing & hunting, plus Williams Fork Reservoir just 16 miles west of town great for boating.

Listing Courtesy of Olson Realty LLC, Recolorado MLS

Amenities

  • Dishwasher
  • Refrigerator

PROPERTY INFORMATION

Appliances
Cooktop, Dryer, Dishwasher, Disposal, GasWaterHeater, Oven, Range, Refrigerator, Washer
Basement
CrawlSpace
Heating
NaturalGas
Sewer
PublicSewer
View
Mountains
Water
Public

EXTERIOR

Exterior Features
Garden, PrivateYard
Roofing
Metal
Listing Courtesy of Olson Realty LLC
311 Central Avenue, Kremmling, Colorado 80459 United States is a Triplex for Sale for $650,000 USD. Was built in 1900, has 2,080 Sq.Ft. ( m2) on a lot of .17 Acres sq ft . And it's composed from 6 Bedrooms, full baths and partial baths.
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Olson Realty LLC

Listing Courtesy of Olson Realty LLC

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