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525 Red Lady Avenue

Crested Butte, CO 81224
  • $2,995,000
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 819324
UPDATED: 67 min ago
$2,995,000
  • 0
    BEDS
  • N/A
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 5,855
    SQFT
  • $512
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1997
County:

School Information

Listing courtesy of Peak Property Management & Sales: 970-349-6339.


Description

Multi family 6 - one bedroom apartment units - residential investment opportunity in prime location in Crested Butte. Dont miss this rare opportunity to acquire 6 long term multi-family residential apartment units located in the Town of Crested Butte within the Majestic Plaza retail center adjacent to Clarks Market and on the Town of CB bus route. The units have a strong rental history making this an attractive investment opportunity. These units would be suitable for employee housing. Each spacious 2nd floor unit offers 1 bedroom, 1 bath, a large storage/laundry area with built in shelves, a gas fireplace, large windows capturing beautiful mountain views, and 1 off-street assigned parking space. Crested Butte, also known as Colorados last great ski town, is an up and coming resort community located 3 miles from the Crested Butte Mountain Resort now owned by Vail Resorts and included in the EPIC pass. The community offers exciting events, music, a creative arts district, and endless recreation opportunities. With all the Crested Butte has to offer the demand for long term rentals has always been high and will continue to be a desirable place for people to call home.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Michelle Brown Homes | Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2025-01-24T07:56:39.697.
www.michellebrownhomes.com/homes/157782948
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525 Red Lady Avenue Crested Butte, CO 81224

  • Price: $2,995,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 67 min ago
  • MLS #: 819324
0
Beds
6
Baths
0
½ Baths
N/A
Acres
5,855
SQFT
$512
$/SQFT
1997
Built
Neighborhood:
None
County:
Gunnison
Area:
Crested Butte
Elementary School:
Crested Butte Community K-12
Middle School:
Crested Butte Community K-12
High School:
Crested Butte Community K-12
Property Description
Multi family 6 - one bedroom apartment units - residential investment opportunity in prime location in Crested Butte. Dont miss this rare opportunity to acquire 6 long term multi-family residential apartment units located in the Town of Crested Butte within the Majestic Plaza retail center adjacent to Clarks Market and on the Town of CB bus route. The units have a strong rental history making this an attractive investment opportunity. These units would be suitable for employee housing. Each spacious 2nd floor unit offers 1 bedroom, 1 bath, a large storage/laundry area with built in shelves, a gas fireplace, large windows capturing beautiful mountain views, and 1 off-street assigned parking space. Crested Butte, also known as Colorados last great ski town, is an up and coming resort community located 3 miles from the Crested Butte Mountain Resort now owned by Vail Resorts and included in the EPIC pass. The community offers exciting events, music, a creative arts district, and endless recreation opportunities. With all the Crested Butte has to offer the demand for long term rentals has always been high and will continue to be a desirable place for people to call home.
Exterior Features

Acreage Range Less than 1/2 Carport No Garage No Parking 1 per unitAssignedOff Street Property Attached Yes Roof Rolled Asphalt Siding Wood Stories Two Story Street Description City/TownPaved Style Other Views Mountains Water Well No Waterfront YN No

Interior Features

Appliance Inclusions DishwasherDisposalDryerMicrowaveRange/OvenRefrigeratorWasher Dining Kitchen Bar Fireplace Living Room Flooring CarpetTile Foundation Basement Crawl Space Heating Fuel Source Natural GasElectricElectric BaseboardFireplace/Stove Master Bedroom Level Main Level One Quarter Baths 0 Total Office Dens 0 Unit1 Baths 1 Unit1 Bedrooms 1 Unit1 Square Feet 738 Unit2 Baths 1 Unit2 Bedrooms 1 Unit2 Square Feet 839 Unit3 Baths 1 Unit3 Bedrooms 1 Unit3 Square Feet 801 Unit4 Baths 1 Unit4 Bedrooms 1 Unit4 Square Feet 849 Unit5 Baths 1 Unit5 Bedrooms 1 Unit5 Square Feet 735 Unit6 Baths 1 Unit6 Bedrooms 1 Unit6 Square Feet 846

Property Features

Covenants YES Green Certification No Hoa Yes Hoa Name Majestic Condominium Association Horse Setup No Metered Metered for ElectricityMetered for Gas Multi Story Yes New Construction YN No Reo Lender Owned No Tax Year 2022 Terms CashConventional Total Taxes 10485 Type Apartment Bldg. Water Rights No Water Sewer City SewerCity Water Zoning Residential

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Michelle Brown Homes | Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2025-01-24T07:56:39.697.
 
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Michelle Brown Homes | Blackmore Group
2901 Main Avenue
Durango CO, 81301
Listing courtesy of Peak Property Management & Sales: 970-349-6339.