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727 Elk AvenueCrested Butte
3 Income Producing Homes in Crested Butte
3-Units: all income producing! Unique, cozy Duplex with a one-car garage, and a detached Guest House with the ability to add 600 sq. ft. to any of the buildings. Current owners have recently remodeled the 2-bedroom/1.75 bath unit (Unit A-right side of Duplex) with a new kitchen,including all new appliances, a remodeled 2nd bathroom to include a shower, brand new gas powered “instant heat” system that provides not only unlimited hot water, but also heats the house with water baseboard heaters, keeping utilities extremely low. 2-bedroom/1-bath unit(Unit B-left side of duplex) has been used as a long-term rental unit but could easily be remodeled to combine both units into one house. The Guesthouse has a brand-new washer/dryer and is fully furnished including a Murphy bed for vacation renters to have their own private studio.
Studio is accessible through the alley. This property has a full, beautiful, private back yard, that is shared by all three units. One unit on this property would have to remain a deed restricted, long-term local renter, but owner can choose which unit. All three units have full kitchens and at least one full bath. 1 ½ blocks to town and the “4-way” bus stop, ½ block to the town park, ½ block to bike path, and 3 blocks to the school. These buildings are not designated as historic; therefore, you would not have to follow Bozar rules for historic homes if you were to choose to remodel.