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Conveniently located in Windsor, Colorado
970-988-8295 | Broker - Nathan Washam
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970-988-8295
Broker - Nathan Washam
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Estes Park, CO 80517 501 Aspen Ave

$975,000

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Presented By: ;
  • MLS# 1047458
  • 11/17/2025
  • Request Tour
  • Request Info

    Home Details

    Rare opportunity to own an 8 unit multi-family apartment building in the heart of Estes Park! Awesome Income property, Outstanding rental history with very little turnover, this property offers an ideal opportunity for rental income and investment. 8 studio apartments with 325 sq ft. Off street parking and storage lockers for tenants and shared side-yard. Great location with easy access to Rocky Mountain National Park, walkable to downtown, restaurants and breweries, and Rec Center. Great views of Lumpy Ridge. Come check out this solid investment opportunity with great cash flow!
    Presented By: ;

    Interior Features for 501 Aspen Ave

    Bedrooms

    Total Bedrooms8

    Bathrooms

    Total Baths8

    Other Interior Features

    LivingAreaSourceAssessor
    BasementNone

    General for 501 Aspen Ave

    AppliancesElectric Range, Refrigerator
    AttributionContact9704813619
    Cap Rate6.92
    CityEstes Park
    Community FeaturesExtra Storage
    Construction MaterialsFrame
    CountyLarimer
    DisclosuresSeller's Property Disclosure
    ElectricTown of Estes Park
    Elementary SchoolEstes Park
    ExclusionsOwner's & tenants' personal possessions
    Expected Active Date 2025-11-17
    Gross Income88406
    HOANo
    HeatingHot Water, Baseboard
    High SchoolEstes Park
    High School DistrictEstes Park District
    Lease Amount FrequencyMonth-to-Month
    LevelsTwo
    MLS AreaEstes Park
    Middle/Junior High SchoolEstes Park
    Net Operating Income67449.42
    New ConstructionNo
    Number Of Units Total8
    Operating Expense20956.58
    Other StructuresStorage
    Parcel NumberR0522015
    Patio/Porch FeaturesPatio
    Possible UseMulti-Family
    Property SubtypeMulti Family
    Property TypeResidential Income
    RoofMetal, Rubber
    SewerPublic Sewer
    Standard StatusActive
    StatusActive
    Subdivision NameCountry Club Manor Add
    Tax Annual Amount4317.58
    Tax Year2024
    Tenant PaysDeposit
    UtilitiesNatural Gas Available, Electricity Available
    ViewMountain(s), Hills, City, Water
    Year Built1910
    ZoningRM

    Exterior for 501 Aspen Ave

    Irrigation Water Rights Y/NNo
    Lot FeaturesPaved
    Lot Size Acres1.31
    Lot Size Area57064
    Road Frontage TypeCity Street
    Water SourceCity
    Waterfront Y/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 $975,000
    MLS#1047458
    List Date 11/17/2025
    Property Type Income
    Phone 970.988.8295
    Request Tour
    Request Info
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