$6,500,000

Duplex Income Property With Redevelopment Options

5 Beds
6 Baths
2,506 Sqft
3,674.0 Ac lot

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MLS#192629

About the Property

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

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.

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Property type

Apartment
Year built

1959
Price/sqft

$2,593

Features

Terrace
Equestrian
Duplex
Basement
Parking
Privacy
High Ceiling
Washer Dryer
Stone Countertops

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322 Park Avenue , Aspen, CO 81611, Colorado, United States View on Google Maps

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Sam Green

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Sam Green

Colorado, United States

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2018

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Aspen Snowmass Sotheby's International Realty

730 East Durant Avenue, 81611, Aspen, Colorado, United States

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Our newest Aspen office brings the Frias Properties of Aspen real estate division under the Aspen Snowmass Sotheby’

Our newest Aspen office brings the Frias Properties of Aspen real estate division under the Aspen Snowmass Sotheby’s International Realty banner. Located on the corner of Original Street and Durant Avenue, just two blocks from Aspen Mountain, this office is home to a group of seasoned real estate professionals with decades of experience connecting buyers and sellers. The new partnership applies to the Frias Properties of Aspen real estate division exclusively, with the short-term vacation rental and property management operations remaining unchanged.

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Last updated

June 29

First listed

Jun 11, 2025

Listing link

sothebysrealty.com

Listing reference

JLNHJF

Duplex Income Property With Redevelopment Options

About the Property

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Duplex Income Property With Redevelopment Options

About the Property

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