Address
1021 Grand Avenue, Glenwood Springs, CO
Price
$ 1,990,000
Property Attributes
  • MLS#183535
  • TypeSingle Family
  • CountyGARFIELD
  • CityGlenwood Springs
  • AreaGlenwood Springs
  • NeighborhoodTownsite of Glenwood Springs
  • Zip81601
  • StyleTwo Story
  • Year Built1994
  • Taxes$ 4550
  • Price$ 1,990,000
  • Bedrooms12
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4673
  • Lot Size5,227 SqFt
Data Source:
Aspen Glenwood Springs MLS (AGSMLS)
Property Description

Welcome to the opportunity of a lifetime! The renowned Glenwood Springs Hostel is now available for acquisition. Boasting an impressive rental track record, catering to both long-term residents and short-term guests, this property is a gem waiting to be uncovered. Featuring dual zoning, the possibilities are endless for this prime Grand Avenue location. Constructed in two distinct eras, the front building dates back to 1910, while the rear building, erected in 1994, offers more modern amenities. The rear structure houses a complete apartment upstairs, ideal for long-term leases, while the ground floor caters to short-term rentals. Meanwhile, the front building is dedicated to nightly lodging, providing a steady stream of income. With only three previous owners, this is a rare chance to stake your claim in the vibrant community of Glenwood Springs. Don't miss out on securing your future - reach out today for further details!

Price History
5/3/2024 Listed $1,990,000

General Features

Heating Forced Air,Hot Water
Cooling None
Utilities Natural Gas Available
Roof Composition
Zoning M2
Association Fee Includes Sewer
Architectural Style Two Story
Construction Materials Frame
Full Baths 4
Year Built 1994
Property SubType Residential Income
Tax Year 2023
Taxes 4550.0
County Garfield
New Construction No
Property Type A
HOA / Comm Assn Yes
Attached Garage No
Subdivision Name Townsite of Glenwood Springs
Facing Direction East
Close Price 0.0
Status Active
Directions South on Grand Ave,Building is on the right (west) side of Grand
City Glenwood Springs
MLS Area Glenwood Springs
Lot Size Square Feet 5300.0
Street Name GRAND
Listing Terms New Loan,Cash
Property Condition Good
MLS Area Minor 09-Glenwood Proper
Standard Status Active

Interior Features

Basement Crawl Space,Finished
Air Conditioning Y/N No
Heating Y/N Yes
Street Suffix Avenue
Total Bathrooms 4.0
Laundry Features Common Area
Total Baths 4
Total Bedrooms 12

Exterior Features

Model No
Parking Features 2 Car
Water Source Public
Inclusions Dryer,Refrigerator,Washer,Range,Microwave,Dishwasher
Lot Size Area 0.12
Building Area Total 4673.0
Lot Size Acres 0.12
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 81601

Price
AVG $1.7M
$1.99M
Taxes
AVG $4,493
$4,550
Visits
AVG 138
264
Data Provided by Inside Real Estate®
Year Built
AVG 1988
1994

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