224 5th Street, Hugo, CO

$499,500

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5

Beds

4

Baths

2,842

Square feet

0.48

Acres

About 224 5th Street

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.

Features of 224 5th Street

MLS® # 5672607
Price $499,500
Bedrooms 5
Bathrooms 4.00
Full Baths 3
Half Baths 1
Square Footage 2,842
Acres 0.48
Year Built 1910
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 224 5th Street
Subdivision Hugo
City Hugo
County Lincoln
State CO
Zip Code 80821

Amenities

Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
Heating Forced Air, Natural Gas
Cooling Air Conditioning-Room
Fireplace No
Stories Two

Exterior

Roof Composition
Construction Frame, Wood Siding

School Information

District Genoa-Hugo C-113
Elementary Genoa-Hugo
Middle Genoa-Hugo
High Genoa-Hugo

Additional Information

Date Listed April 6th, 2026
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeGordon Real Estate Group
Contact Infojanae@gordonregroup.com,719-349-0423

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