8284 US Highway 50
Howard, CO 81233
4196 sqft | 8 beds | 4.75 baths | 1.00 acre | #8929665
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!
Property Details
- Utility FeaturesCable Available, Electricity Connected, Internet Access (Wired), Propane
- InteriorBuilt-in Features, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island
- Exterior MaterialsFire Pit, Garden, Lighting, Private Yard, Rain Gutters
- Lot DescriptionLandscaped, Level, Many Trees, Open Space
- Property SubtypeSingle Family Residence
- FoundationConcrete Perimeter
- School DistrictCotopaxi RE-3
- ViewMountain(s)
- Sewer InformationSeptic Tank
- Property TypePurchase
- Elementary SchoolCotopaxi
- Middle SchoolCotopaxi
- High SchoolCotopaxi
- Original List Price$650,000
- CountyFremont
- MLS #8929665
- MLS #8929665
- SubdivisionHoward
- Taxes Annual$2,500
- Cost650000
- Structure TypeHouse
- Bathrooms4.75
- Square Feet4196
- Year Built1954
- Fireplaces1
- Bedrooms8
- Full Baths1
- 3/4 Baths5
- Acres1
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Susan Hughes (#REC55040310)
Listing Office: Pinon Real Estate Group LLC (#RECR0065)
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