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$499,500

Est. payment - /mo

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5 Beds

3.5 Baths

4,398 SqFt

Price Dropped by $49K

224 5th ST Hugo, CO 80821

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Robert Hryniewich

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,398 sqft

Price per Sqft $113

Subdivision Hugo

MLS Listing ID 5672607

Bedrooms 5

Full Baths 3

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 2,842

Year Built 1910

Annual Tax Amount $1,963

Tax Year 2025

Lot Size 0.482 Acres

Acres 0.48

Property Sub-Type Single Family Residence

Source recolorado

Property Description

Unique opportunity to own a spacious, fully furnished two-story home in Hugo, Colorado, currently operated as a bed and breakfast. Situated on 21,000 sq. ft. this property offers 4398 total sq. ft. The home features 5 bedrooms and 3 bathrooms, with a functional layout that allows for both private living and guest accommodations. The main floor (1,310 sq. ft.) is well-suited for owner occupancy with its own kitchen, master bedroom, and 1.5 bathroom, while the upper level (1,292 sq. ft.) includes four bedrooms, two bathrooms and a kitchenette space currently used for rental purposes. Additional features include shared dining room, formal living room, and enclosed front porch space. There is an unfinished back porch and unfinished basement offering storage or future expansion potential. Recent improvements completed in 2025 include a new roof, new siding, and a new accessibility ramp. Currently listed on Furnished Finder, this property offers flexibility for continued use as a bed and breakfast, short- or mid-term rental, or as a primary residence. The layout supports an owner-operator setup with separate living quarters and income-producing space. Conveniently located in the town of Hugo with access to US Highway 40/287 and within reasonable distance to Limon and Denver, providing accessibility for travelers and extended-stay guests. Step into a fully operational, turnkey opportunity with endless potential.

Location

State CO

County Lincoln

Rooms

Basement Unfinished

Main Level Bedrooms 1

Interior

Heating Forced Air, Natural Gas

Cooling Air Conditioning-Room

Fireplace N

Appliance Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer

Exterior

Roof Type Composition

Total Parking Spaces 1

Garage No

Building

Sewer Community Sewer

Water Public

Level or Stories Two

Structure Type Frame,Wood Siding

Schools

Elementary Schools Genoa-Hugo

Middle Schools Genoa-Hugo

High Schools Genoa-Hugo

School District Genoa-Hugo C-113

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo, USDA Loan, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo, USDA Loan, VA Loan

Special Listing Condition None

Listed by Gordon Real Estate Group

NEARBY SCHOOL & BUSINESS

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