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Home » Real Estate » CO » Fairplay » 80440 » 550 Castello Avenue, Fairplay, CO, 80440
$1,400,000

550 Castello Avenue, Fairplay, CO, 80440

5-unit apartment building located in the Town of Fairplay, CO! This remodeled, turn-key property is an investor's dream. 550 Castello Avenue has amazing history, and has undergone a major renovation over the past couple years. The building consists of over 5,300 square feet, with 5 apartments, totaling 13 bedrooms. Each unit boasts new kitchens, bathrooms, flooring, paint, lighting, water heaters, and various other upgrades. Located just 22 miles from world renowned Breckenridge Resort, and 2 blocks from HWY 9, this property is designed to offer consistent and lucrative rentals income year-around. All of the hard work has been done, with the installation of a new roof and full interior remodel. Start renting today! Some of the other great features of this property include, a common-area laundry room, wrap around driveway with abundant parking, unfinished basement area, and on-site dumpster. Unit 1 includes 3-bedrooms, 1-bathroom, mud room, dining room, and ground floor access. Unit 2 includes 4-bedrooms, 1 3/4-bathooms, top floor access with deck. Unit 3 includes 2-bedrooms, 1 1/2-bathrooms, office, and ground floor access. Unit 4 includes 2-bedrooms, 1-bathroom, dining room, top floor access, and deck. Unit 5 includes 2-bedrooms, 1-bathroom, mud room, walk-in pantry, walk-in closet, unfinished basement. and ground floor access. See attached floorplans and Matterport tours for more details.
Offered By
Kevin Broadrick, Paffrath & Thomas R.E.S.C

Property Details

Property Type Commercial Sale
Status Active
MLS # S1055839

Market Trends

New Properties On Market
45
32% Increase In New Listings
Average Asking Price
$512,323
$45,915 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$283
$65 Increase In List Price/Sq. Ft.
Average Days On Market
2
7 Day Decrease In Days On Market
Data as of Jun 03, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.

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