$650,000
UNDER CONTRACT $150K PRICE DROP

10240 U S 50 Howard, CO 81233

Estimated payment $3,643/month

Total Views 3,316
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

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.

Listing Agent

LARRY COLEMAN

Homesmart Preferred Realty Brokerage Phone: 7194581345 Listed on: 07/21/2024

Homesmart Preferred Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $637

Year Built

  • Built in 1945

Lot Details

  • 0.42 Acre Lot

Home Design

  • Stucco Exterior

Schools

  • Cotopaxi Elementary School

Utilities

  • No Cooling
  • Space Heater
  • Propane

Listing and Financial Details

  • Assessor Parcel Number 78003060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$637

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Year Built: 1945
  • PropertyType: Residential Income
  • Lot Size Acres: 0.4200
  • Attribution Contact: 7194581345
  • Co List Office Phone: 719-458-1345
  • MLS Status: Active Under Contract
  • FloodPlain100YRYN: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Exterior Features

  • Ditch Type: None
  • Lot Type: Corner
  • Construction Materials:Lap Siding: Stucco

Utilities

  • Gas Type: PROPANE
  • Heating: Other, Space Heater
  • Cooling: None
  • Water Source: Well

Lot Info

  • Acreage Range: Less than .5 acres
  • Lot Size Sq Ft: 18295.20
  • ResoLotSizeUnits: Acres
  • Parcel Number: 78003060

Tax Info

  • Tax Year: 23
  • Tax Annual Amount: 636.52

Multi Family

  • Number Of Units Total: 1
  • Unit Count: 1

MLS Schools

  • Elementary School: Cotopaxi

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $650,000 0.0% --
03/10/2025 03/10/25 Price Changed $650,000 -13.3% --
11/17/2024 11/17/24 Price Changed $750,000 -6.3% --
07/21/2024 07/21/24 For Sale $800,000 -- --
Source: Royal Gorge Association of REALTORS®

Source: Royal Gorge Association of REALTORS®

MLS Number: 71152

Royal Gorge Association of REALTORS®