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Listed by Aspen Snowmass Sotheby's International Realty - Durant
$6,250,000
Est. payment /mo
5 Beds
6 Baths
2,506 SqFt
Price Dropped by $250K
322 Park Avenue Aspen, CO 81611
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,506 sqft
Price per Sqft $2,494
Subdivision Riverside Condos
MLS Listing ID 192629
Bedrooms 5
Full Baths 4
Half Baths 2
Year Built 1959
Annual Tax Amount $8,568
Tax Year 2024
Lot Size 3,674 Sqft
Acres 0.08
Property Sub-Type Duplex
Source Aspen Glenwood MLS
Property Description
This Park Avenue duplex offers soaring views of Aspen Mountain and the privacy of a quiet neighborhood just across the Hopkins pedestrian bridge with easy walking access to the downtown core. Sale includes both separately deeded condominium units 1 & 2, each over 1,250 square feet totaling 2,506 square feet. Patio level common wraparound deck, second level private decks for each unit, storage shed, off street parking, landscaping with irrigation, & alarm system. Currently Unit 1 is a 3BR 2.5BA short term rental with frequent owner use, and Unit 2 is a 2BR 2.5BA long term rental, with a lease in place through April 2027. There is a sale termination clause in the lease agreement of unit 2 if buyer chooses to exercise. See attached rental summary in documents. Attached in documents is a zoning analysis from Forum Phi explaining remodel/expansion with additional FAR, and Single Family or Duplex Redevelopment options.
Location
State CO
County Pitkin
Community Riverside Condos
Area Aspen
Zoning Residential
Direction E Cooper Ave east, left on Park Ave, on right
Interior
Heating Natural Gas, Baseboard
Cooling None
Exterior
Utilities Available Cable Available
Roof Type Composition
Garage No
Building
Lot Description Landscaped
Water Public
New Construction No
Others
Tax ID 273718130001
Acceptable Financing New Loan, Cash
Listing Terms New Loan, Cash
NEARBY SCHOOL & BUSINESS
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