727 A Elk Avenue Crested Butte, CO 81224 – MLS# 777386

$1,550,000
727 A Elk Avenue
Crested Butte, CO 81224
MLS# 777386

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Beds
5 Beds
Baths
4 Baths
Total Sq Ft
2,400 Sqft
Acres
0.14 Acres
3-Units: all income producing! Unique, cozy Duplex with a one-car garage, and a detached Guest House with the ability to add 600 sq. ft. to any of the buildings. Current owners have recently remodeled the 2-bedroom / 1.75 bath unit (Unit A-right side of Duplex) with a new kitchen, including all new appliances, a remodeled 2nd bathroom to include a shower, brand new gas powered “instant heat” system that provides not only unlimited hot water, but also heats the house with water baseboard heaters, keeping utilities extremely low. 2-bedroom / 1-bath unit(Unit B-left side of duplex) has been used as a long-term rental unit but could easily be remodeled to combine both units into one house. The Guest house has a brand-new washer / dryer and is fully furnished including a Murphy bed for vacation renters to have their own private studio. Studio is accessible through the alley. This property has a full, beautiful, private back yard, that is shared by all three units. One unit on this property would have to remain a deed restricted, long-term local renter, but owner can choose which unit. All three units have full kitchens and at least one full bath. 1 ½ blocks to town and the “4-way” bus stop, ½ block to the town park, ½ block to bike path, and 3 blocks to the school. These buildings are not designated as historic; therefore, you would not have to follow Bozar rules for historic homes if you were to choose to remodel.
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Property Details
Status
For Sale
Property Type
RESIDENTIAL
Sub Type
Stick Built
Year Built
1970
Sqft Total
2,400
Acres
0.14
Lot Size
Basement
Crawl Space, Insulated, Permanent, Stemwall
House Style
Other
Construction
Wood Frame
Stories
One Story, Three Story
Roofing
Metal
Garage
Attached Garage
Heating
Boiler, Electric Baseboard, Forced Air, Hot Water Baseboard
Cooling
Window Fan(s)
Rooms
Master Bedroom Location:
Upper Level
Dining Room:
Breakfast Nook, Eat-in Kitchen, Island
Schools
Elementary
Crested Butte Community K-12
Junior High
Crested Butte Community K-12
Senior High
Crested Butte Community K-12
Taxes & Terms
Taxes
$3,070
REO/Lender Owned
No
Area
Subdivision
Crested Butte (town Of)
Area
Crested Butte
County
Gunnison
Views
Mountains, Valley
Waterfront
No
Features
Appliances
Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Other, Oven-Convection, Range/Oven, Refrigerator, Washer
Utilities
Cable TV, Electric, Internet, Natural Gas, Phone - Cell Reception, Phone - Landline
Current Property Use
Residential
Interior
W/D Hookup, Vaulted Ceiling, Mud Room
Access
Year Round
Sewer
Public Sewer
Listing courtesy of
Crested Butte Resort Real Estate
Estimated Payments
The approximate mortgage monthly principal and interest payment for this property would be
Based on a loan at a fixed rate of percent
With a down payment of dollars
Actual lender interest rates and loan programs may vary.
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