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Estes Park, CO 80517 418 Stanley Ave

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Presented By: RE/MAX Mountain Brokers; 9705865324
  • MLS# 1034036
  • 05/13/2025
  • Request Tour
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  • Beds • 8
  • Baths • 7
  • SQFT • 3,037

Home Details

Exceptional Investment Opportunity - Fully Leased 6-Unit Income Property. This turnkey complex offers strong, steady income and a solid return, an excellent addition to any investor's portfolio. Fully Rented with consistent rental history. Projected Gross Income of $70K annually and estimated expenses of $25K annually. Cap Rate comes in around 5.37%. There is one 3 Bed / 2 Bath unit (~1,250 sq ft). Units 2-4 are efficient 1 Bed / 1 Bath apartments (~250 sq ft each) and unit 6 is a standalone 1 Bed / 1 Bath cabin (~350 sq ft). Tenants pay for electric and water, keeping operating costs low. A coin-operated laundry provides additional income, and there's ample off-street parking for tenant convenience. Located within walking distance to downtown, close to schools and the recreation center; this property stays in high demand. Whether you're expanding your real estate portfolio or entering the multi-family market, this property checks all the boxes for reliable cash flow and long-term potential. Schedule your private showing today!
Presented By: RE/MAX Mountain Brokers; 9705865324

Interior Features for 418 Stanley Ave

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths7

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
BasementNone
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringWood Floors
Heating Y/NYes
Interior AmenitiesSatellite Avail, High Speed Internet, Outside Entry, Kitchen Island
Window FeaturesSkylight(s)

General for 418 Stanley Ave

AppliancesElectric Range/Oven, Refrigerator, Microwave, Disposal
Architectural StyleRanch
Attached Garage No
Cap Rate5.37
CityEstes Park
Construction MaterialsWood/Frame, Wood Siding, Painted/Stained
CountyLarimer
DirectionsFrom the intersection of Hwy 34 and hwy 36 go south on Hwy 36 .3 of a mile to Stanley Ave. take a right and go .3 of a mile and property will be on the right
ElectricElectric, Separate Meter Electricity, Town of Estes
Elementary SchoolEstes Park
Entry LocationOutside Entry
ExclusionsTenant's personal property
Facing DirectionNorth
Garage Y/NNo
Gross Income70380
HOANo
HeatingBaseboard
High SchoolEstes Park
High School DistrictEstes Park District
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet19166
Lot Size UnitsSquare Feet
MLS AreaEstes Park
Middle/Junior High SchoolEstes Park
Net Operating Income45651
New ConstructionNo
Number Of Units Total6
Operating Expense24729
Possible UseMulti-Family
Property Attached Y/NYes
Property ConditionNot New, Previously Owned
Property SubtypeAttached Dwelling
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive/Backup
Stories1
Subdivision NameWhite Meadow View Place Add
Tax Annual Amount2429
Tax Year2024
Tenant PaysDeposit, Electricity, Water
UtilitiesElectricity Available, Cable Available
ViewMountain(s)
Year Built2005
ZoningRM

Exterior for 418 Stanley Ave

FencingPartial
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level, Within City Limits
Lot Size Acres0.44
Lot Size Area19166
Other ParkingParking Per Unit(2 Spaces/Unit)
Road Frontage TypeCity Street
Road Surface TypePaved, Asphalt
SpaNo
Water SourceCity Water, Town of Estes Park
WaterfrontY/NNo

Additional Details

Price History

Schools

Elementary School Estes Park Elementary School
Middle School Estes Park Middle School
High School Estes Park High School

Nathan Washam

Broker/Owner
Price $850,000
MLS#1034036
List Date 05/13/2025
Property Type Backup
Phone 970.988.8295
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