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224 5th Street, Hugo, CO, 80821

5beds
4baths
4,398sqft
$549,000
$125price/sqft
$4,030/moest. monthly cost
$161,200/yrincome needed

About This Home

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.

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
58
BikeBikeable

Schools

6/10
Genoa-Hugo SchoolGrades PK-120.1 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1910

Materials

  • Roof: Composition
  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Freezer,Microwave,Oven,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bathroom

  • Level: Main

Bathroom

  • Level: Main

Bathroom

  • Level: Upper

Bathroom

  • Level: Upper

Bedroom

  • Features: Primary Suite
  • Level: Main

Bedroom

  • Level: Upper

Bedroom

  • Level: Upper

Bedroom

  • Level: Upper

Bedroom

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Dining Room

  • Level: Main

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,842

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Air Conditioning-Room

Interior Area

  • Total structure area: 4,398
  • Total interior livable area: 4,398 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Property

Details

  • Parcel number: 279732230012 & 279732230011
  • Special condition: Standard
  • Exclusions: Furnishings Can Be Negotiated For An Additional Purchase Price.

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 0.48 Acres

Parking

  • Total spaces: 1