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10240 US Highway 50, Howard, CO 81233

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For Sale

$750,000

7 beds • 3,632 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $206.50
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

PRIMARY RESIDENCE HAS 2 LARGE BEDROOMS, BATH, KITCHEN, FRONT ROOM AND SUNROOM. IT HAS A SINGLE CAR DETACHED GARAGE. THERE IS A FULL UNFINISHED BASEMENT WITH 2 COMPLETE WATER SYSTEMS, 2 PUMPS AND 2 PRESSURE TANKS. THEY ARE CONNECTED TO 2 WATER WELLS. WELL #1 PRODUCES 19.7 GALLONS PER MINUTE FOR ORDINARY HOUSEHOLD PURPOSES AND WELL #2 PRODUCES 15 GALLONS PER MINUTE AND CAN BE USED FOR DRINKING AND SANITARY FACILITIES IN A COMMERCIAL BUSINESS DESCRIBED AS A 5 UNIT MOTEL WITH A HOME/OFFICE. IT IS GRANDFATHERED IN FOR A SMALL YARD. THERE ARE TWO 500 GALLON PROPANE TANKS INCLUDED AND TWO LARGE CEMENT SEPTIC TANKS WITH A LEACH FIELD AND AN INFILTRATION SYSTEM THE TANKS HAVE BEEN PUMPED AND THE SYSTEM CERTIFIIED. THERE ARE 5 UNITS IN THE MOTEL. 4 UNITS ARE 2 BEDROOM WITH KITCHENS AND BATHROOMS WITH WALK IN SHOWERS. ONE UNIT IS ONLY 2 ROOMS. THERE IS A COMMON UTILITY/WORKSHOP THAT COULD BE USED AS A LAUNDRY ROOM. ALL FACILITIES ARE CONSTRUCTED OF CINDER BLOCKS WITH STUCCO AND PLASTER. ALL OF THE BUILDINGS HAVE A METAL ROOF. THE RESIDENCE AND UNITS 4 AND 5 HAVE HARDWOOD FLOORS. UNITS 1-2-3 HAVE CONCRETE FLOORS COVERED WITH CARPET. THERE ARE 2 CENTRAL VACUUM SYSTEMS. THE ELECTRICAL AND PLUMBING HAS BEEN UPGRADED IN THE RESIDENCE AND UNITS 4 AND 5. EACH AREA IS HEATED BY PROPANE SPACE HEATERS. #3 HAS FORCED AIR GAS. THERE IS A PATIO ENCLOSURE THE FULL LENGTH OF THE HOTEL UNITS. IT IS ZONED COMMERCIAL BUSINESS WITH ZONING CHANGES TO ACCOMMODATE BOTH LONG-TERM AND SHORT-TERM RENTALS.
MLS# 71152

Courtesy Of CHERRY CREEK PROPERTIES

(719) 458-1345

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    None
  • Exterior Type
    Block, Stucco
  • Floor Covering
    Carpet, Concrete, Hardwood, Wood
  • Heating System
    Forced Air, Space Heater
  • Lot Size
    0.42 Acres

Map and Directions

Directions to 10240 US Highway 50, Howard, CO 81233

Home seller CENTURY 21 Golden West Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Golden West Realty

(303) 279-7979
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Royal Gorge Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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