INVESTMENT PROPERTY FOR SALE STEAMBOAT SPRINGS

THE ENTIRE DUPLEX FOR SALE STEAMBOAT SPRINGS

2965 SKI TRAIL LANE, STEAMBOAT SPRINGS, CO 80488, MLS #: 3150093, $1,375,000

The entire duplex for sale at desirable location, minutes away from Steamboat Springs World Class Skiing.

No HOA

Take advantage of multiple opportunities this property has to offer: Live in one half, and rent the other half out.

This property could make a great primary residence, investment property or both at the same time.

Upper unit features 5BD/3BA, 2 car garage.

Lower unit features 4BD/2BA, and could be used as a part of primary residence, or as a rental unit.

Great rental opportunity for this Steamboat Springs home with two separate units, totaling 9 bedrooms, 5 bathrooms and 5100 sf, in an unbeatable location just ½ mile from the Steamboat Ski Area with breathtaking views from several decks. Offered fully furnished with the exception of art and miscellaneous personal items. Priced at $270 per sq.ft., this property offers excellent rental income potential and multiple possibilities with long and short term rentals allowed, and no HOA. The current leases in place generate $86,000 income per year. An adjacent 0.25-acre parcel is also being offered for sale separately.

Two Separate Units:

Upper unit: 5BD/3BA , Current lease rate is $4400/month.

Lower unit: 4BD/2BA, Current lease rate is $2800/month.

*Utilities, internet, trash and snow removal are tenant responsibilities.

Many Possibilities:

Maintain existing long-term leases for excellent rental income.

Transition to short-term or nightly vacation rentals for potentially higher income, and block out dates for your own usage

Lease one unit on long-term or short-term basis, and keep the second for your own primary residence or vacation home.

Property Condition:

Units could benefit from some updating, which is taken into consideration in the pricing of the property. Homes in this area that are in very good or excellent condition are currently selling, on average, for $387/sq.ft.

Other Considerations:

Currently leased through June 1, 2018, 24-hour notice to the tenants is required on all showings. Any sale of the property prior to June 1, 2018 would be subject to the existing leases in place.

A list of exclusions to the furnishings is available upon request.

Seller-financing may be available. Please inquire for more details.

Please see MLS #8820338 for more information on the adjacent 0.25-acre lot that is offered for sale separately.

Considering multiple possibilities, price per sq ft, no HOA fee, great income history and a location that cannot be beat, this property makes a perfect rental property or primary residence. Schedule a showing to see it soon, because this opportunity won’t last.

Click here for MLS listing

Click here for a video