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Sold on 03/14/2018
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712 Gothic Ave, Crested Butte, CO 81224

$1,075,000

Last sold 03/14/2018 after 348 Days

  • —

    bed

  • 6

    bath

  • 3,672

    Sqft ($293/Sqft)

Multi-family not for sale
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About 712 Gothic Ave

Property type Multi-family
Neighborhood
Year built 1991
HOA fee $0/month
Lot size 6,098 Sqft
Property description
The long term housing market in the area is tight and this 6 unit building is consistently rented 100% of the time. With a 6.9% cap rate and 0% vacancy, this is a great opportunity for your 1031 exchange or Crested Butte investment. As the real estate market continues to improve, the potential for appreciation is high. This is a great opportunity for a Crested Butte resident to self-manage the building to maintain or improve the cap rate. Practically everything has been updated in the last 9 years - new roof, new appliances, new windows, new flooring & paint and more. If you are looking to get your foot in the door of the Crested Butte real estate market, this property is certainly one to consider.
Listed by
Listing Agent - Molly Eldridge
Listing Agent Contact: 970-349-5007
Listing Office - Red Lady Realty
Source: Colorado Real Estate Network (CREN) mls logo
MLS#729997 • last updated 3 years ago
Movoto checked Colorado Real Estate Network (CREN) for data 51 minutes ago
Overview
Heating Baseboard, Electric, Natural Gas, Stove
Levels/Style One, 1
MLS # 729997
Status Closed
SubType Multi Family
SqFt 3672
Lot Size (Acres) 0.14
Buying Office Coldwell Banker Bighorn Realty
Year Built 1991
Interior
Total # of Bathrooms 6
# of Full Baths 6
Flooring Carpet, Linoleum
Appliances Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
Interior Features Ceiling Fan(s), Fireplace, Wired For Data
Fireplace Living Room, Gas
Exterior
Roof Metal
Construction Wood Siding
Parking Off Street, One Space
Amenities / Utilities
Water Source Public
Location
Subdivision None
Area Crested Butte
Elementary School Crested Butte Community K-12
Middle School Crested Butte Community K-12
High School Crested Butte Community K-12
APN 325502229002
Zoning Residential Multi Family
Multifamily Details
Owner Pays Common Area Maintenance, Exterior Maintenance, Insurance, Snow Removal, Sewer, Taxes, Trash Collection, Water
Total # of Units 6
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Mar 2018
    Public Records
  • Mar 14, 2018 Sold
    $1,075,000
  • Year Property taxes Tax assessment
  • 2025
    $8,036 -5.6%
    $124,500
  • 2024
    $8,516 +2.8%
    $124,500 +3.05%
  • 2023
    $8,285 +29.0%
    $120,820 +47.5%
  • 2022
    $6,420 +8.1%
    $81,910 -4.89%
  • 2021
    $5,942 +13.1%
    $86,120 +12.08%
  • 2020
    $5,252
    $76,840
  • 712 Gothic Ave
    $1.07M
  • Crested Butte
    —
  • 81224
    $1.97M +1% y/y
  • Crested Butte
    $1.55M -5% y/y
No chart available
Statistics calculated by Movoto

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7/10
Gunnison Elementary School
public Grades PK, K-5
Gunnison Watershed Re1j School District
N/A
Marble Charter School
charter Grades K-10
Gunnison Watershed Re1j School District
7/10
Crested Butte Community School
public Grades 6-12
Gunnison Watershed Re1j School District
5/10
Gunnison Middle School
public Grades 6-8
Gunnison Watershed Re1j School District
4/10
Gunnison High School
public Grades 9-12
Gunnison Watershed Re1j School District
Source: GreatSchools.org © 2026. All rights reserved.

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