404 S Galena Street 207, Aspen, CO 81611 (MLS# 167835)

404 S Galena Street 207, Aspen, CO 81611

$565,000

Property Type: Residential Baths: 1 Square Footage: 300 Status: Closed

Current Price: $565,000 List Date: 3/26/2021 Last Modified: 8/31/2024

Overview

Description

Fantastic opportunity to own a beautifully renovated studio condo in the Historic Independence Square Hotel. Located in the middle of downtown Aspen, this property is walking distance to everything Aspen has to offer - skiing, dining, shopping, hiking, etc! The Indy Square is a sought after vacation destination for renters and owners due to the ease of ownership. Owners have the option to live in the unit full time &/or join the rental program managed by Frias Properties. Extras include a breakfast buffet, ski storage lockers, a staffed front desk, common lounge areas plus an amazing roof top deck overlooking Aspen Mtn with a hot tub and fire pit. This condo has an excellent rental history and is sold turnkey. If you need more space, purchase together with unit #208-209 (MLS# 167183).

Listing Details MLS# 167835

Location Info

Type: Condominium
Right of First Refusal: No
Major Area: Aspen
Area: 01-Central Core
Original List Price: 599000
Asking Price: 579000
Street #: 404
Street Direction Pfx: S
Street Name: Galena
Street Suffix: Street
Address 2/Unit #: 207
City/Town: Aspen
State/Province: CO
Postal Code: 81611
Furnished: Furnished

Keywords Info

Total Baths: Yes
Baths - Full: Yes
Acreage: Unknown
Pre-Fabricated Home: No

Listing Info

Short Sale: No
REO: No
Auction: No
In Foreclosure: No
Member Association: Aspen Association
County: Pitkin
ADU: No

General Info

Sub/Loc: Independence Square
Legal: Subdivision: Independence Building Unit: 207
Zoning: residential
Lv Ht SqFt: 300
Total SqFt: 300
Price/LvH SqFt: 1930
ud_i_02: Yes
Main Floor Primary Bedroom: Yes
Short Termable: Yes
Year Built: 1889
Year Remodeled: 2017
Parcel #: 273718248009
Directions: Aspen Core at the corner of Cooper and Galena, across from Paradise Bakery and the pedestrian mall.
Unfinished SqFt: 0

Financing Info

Metro Tax District: No
Taxes: 1150.4
Tax Year: 2020
Transfer Tax: Yes
HOA Dues Y/N: Yes
Association Fee: 3550.5
Association Fee Frequency: Quarterly
Total HOA Fee Per Year: 14202
HOA Transfer Fee: No

Status Change Info

Under Contract Date: 2021-04-02
Proposed Close Date: 2021-06-18
Sold Date: 2021-06-15
Sold Price Per/SF: 1883.33
How Sold: Cash

More Information

Remarks

Public Remarks: Fantastic opportunity to own a beautifully renovated studio condo in the Historic Independence Square Hotel. Located in the middle of downtown Aspen, this property is walking distance to everything Aspen has to offer - skiing, dining, shopping, hiking, etc! The Indy Square is a sought after vacation destination for renters and owners due to the ease of ownership. Owners have the option to live in the unit full time &/or join the rental program managed by Frias Properties. Extras include a breakfast buffet, ski storage lockers, a staffed front desk, common lounge areas plus an amazing roof top deck overlooking Aspen Mtn with a hot tub and fire pit. This condo has an excellent rental history and is sold turnkey. If you need more space, purchase together with unit #208-209 (MLS# 167183).

Miscellaneous

Under Construction: No

Laundry Facility

Common Area: Yes

Style

Victorian: Yes

Construction

Brick: Yes

Exterior

Brick Veneer: Yes

Condition

Excellent: Yes

Cooling

A/C: Yes

Gas

None: Yes

Parking Area

None: Yes

Water

Public: Yes

Sanitation

Sewer: Yes

Water Rights

No: Yes

Extras

Cable TV: Yes
Elevator: Yes
Hot Tub/Spa: Yes

Mineral Rights

No: Yes

Heating

Baseboard: Yes
Hot Water: Yes

Terms Offered

Cash: Yes
New Loan: Yes

Possession

DOD: Yes

Inclusions

Microwave: Yes
Refrigerator: Yes
Window Coverings: Yes

HOA Fees Includes

Cable TV: Yes
Management: Yes
Snow Removal: Yes
Unit Electric: Yes
Unit Heat: Yes
Water: Yes

Sign

No: Yes

Property Features

Laundry Facility: Common Area Style: Victorian Construction: Brick Exterior: Brick Veneer Condition: Excellent Heating: Baseboard; Hot Water Gas: None Water: Public Cooling: A/C Sanitation: Sewer Parking Area: None Possession: DOD Extras: Cable TV; Elevator; Hot Tub/Spa Terms Offered: Cash; New Loan Mineral Rights: No Water Rights: No HOA Fees Includes: Cable TV; Management; Snow Removal; Unit Electric; Unit Heat; Water Sign: No Inclusions: Microwave; Refrigerator; Window Coverings

Documents

Indy Sq Deluxe - Rental Proforma ›

Listing Office: Coldwell Banker Mason Morse-Aspen

Last Updated: August - 31 - 2024

Broker Attribution: (970) 925-7000

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