Price Reduction
Address
224 5th Street, Hugo, CO
Price
$ 499,500
Property Attributes
- MLS#5672607
- TypeSingle Family
- Listing Status Active
- CountyLINCOLN
- CityHugo
- NeighborhoodHugo
- Zip80821
- StyleHouse
- Year Built1910
- Taxes$ 1963
- Price$ 499,500
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage4398
- Lot Size0.48 Acres
Data Source:
REColorado (MTOMLS)
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Genoa-Hugo Elementary School | Genoa-Hugo Middle School | Genoa-Hugo High School |
| Price History | |
|---|---|
| 4/6/2026 | Listed $549,000 |
| 9/3/2026 | 10$499,500 |
General Features
| Sewer | Community Sewer |
|---|---|
| Heating | Forced Air,Natural Gas |
| Cooling | Air Conditioning-Room |
| Roof | Composition |
| Appliances | Dishwasher,Dryer,Freezer,Microwave,Oven,Refrigerator,Washer |
| Construction Materials | Frame,Wood Siding |
| Exclusions | Furnishings can be negotiated for an additional purchase price. |
| Year Built | 1910 |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Individual |
| Building Name | Hugo Railroad Manor |
| County | Lincoln |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Hugo |
| Full Baths | 3 |
| Status | Active |
| High School | Genoa-Hugo |
| City | Hugo |
| Senior Community Y/N | No |
| High School District | Genoa-Hugo C-113 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 21000 |
| Listing Terms | 1031 Exchange,Cash,Conventional,FHA,Jumbo,USDA Loan,VA Loan |
| Elementary School | Genoa-Hugo |
| Tax Annual Amount | 1963 |
| Middle/Junior High School | Genoa-Hugo |
| Property Condition | Updated/Remodeled |
| Structure Type | House |
| Standard Status | Active |
| Occupancy Type | Owner |
| Middle/Junior School District | Genoa-Hugo C-113 |
| Elementary School District | Genoa-Hugo C-113 |
Interior Features
| Basement | Unfinished |
|---|---|
| Furnished Y/N | Negotiable |
| Basement (Y/N) | Yes |
| Above Grade Finished Area | 2842 |
| Half Baths | 1 |
| Total Bedrooms | 5 |
| Main Level Bedrooms | 1 |
| Main Level Bathrooms | 2 |
| Total Baths | 4 |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking | 1 |
| Lot Size Area | 21000 |
| Building Area Total | 4398 |
| Lot Size Acres | 0.48 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 80821
Price
Taxes
Year Built
Visits
In The Neighborhood
Hugo
$ 99,000
- Type
- Single Family
- Size
- 784 SqFt
- Rooms
- 2 Beds + 1 Baths
My Colorado Broker LLC #2143769
Reduced
Hugo
$ 200,000
- Type
- Single Family
- Size
- 1,301 SqFt
- Rooms
- 3 Beds + 2 Baths
Colorado Property Shop #4750409
Reduced
Hugo
$ 299,000
- Type
- Single Family
- Size
- 1,592 SqFt
- Rooms
- 3 Beds + 2 Baths
Gordon Real Estate Group #2625950
Reduced
Hugo
$ 162,860
- Type
- Single Family
- Size
- 1,642 SqFt
- Rooms
- 3 Beds + 1.5 Baths
Gordon Real Estate Group #2346616
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The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by elevateMLS.
Copyright © 2026 Altitude MLS, Inc., a wholly owned subsidiary of Altitude REALTORS®. All rights reserved. The information being provided is for the consumer's non-commercial, personal use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. The information provided is not guaranteed and should be independently verified. You may not reprint or redistribute the information, in whole or in part, without the expressed written
