555 1st Avenue, Craig, CO 81625

  • 57 BedBeds
  • 39 Baths
  • 0 Full BathFull Baths
  • 0 Half BathHalf Baths
  • 0 3/4 Baths
  • 31,605 Sqft
  • Commercial
  • Sold
  • MLS# 3860763
  • mls board disclosure BROWNSTONE REALTY LTD
0 More Scheduled


  • Price Reduced

Property Description555 1st Avenue, Craig, CO 81625

Currently under the auspices of a Manhattan broker transplanted yrs back from rural Co, this prop has served primarily as a tax shelter. If cash flow had been important, it's quite likely that this owner would not have spent the money he has on the place. As it is, whereas the typical landlord might have had the local plumber tweak the bldg’s erratic HW heater, our current owner inserted a new 120 gallon, 560 gal/hr recovery rate version. If presented w/ inefficient heat, many owners might have tacked up a little extra door molding. This guy replaced his boiler w/ a new, state of the art, ‘ganged’ heat system, as well as all the windows. Doors a little sticky? Toss that sandpaper aside. The current owner had piers inserted so he never again needed to hear that tenant complaint. The departing owner is not one for band-aids. Here is betting that ‘New Guy’ can squeeze a little more out of his nickels & reap the financial benefits that never seemed to matter to our departing New Yorker.

Interested in this property

Property Details555 1st Avenue, Craig, CO 81625

Listing courtesy of: BROWNSTONE REALTY LTD

General Features

Style  Multi-Level
Baths  39
Year Built  1976
Beds  57
Finished Sq. Ft.  28375
Lot Size  1.4100

Interior Features

Square Footage Above approx  28375
Heating  Baseboard
Cooling Description  Air Conditioning-Individual

Exterior / Lot Features



School District  Moffat County RE-1
Elementary  805730
High  805730

Financial Considerations

Tax Amount  $685600
Tax Year  6856


Please review the attached Advertising Package for a much better summary of the financial information. And please email the broker for the complete picture.

Financing My Home



Monthly insurance : $0.00
Monthly taxes : $0.00
Monthly payment : $0.00
Total monthly payment : $0.00

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mls board disclosure

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than RE/MAX Alliance are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. [more]