224 5th Street, Hugo, CO 80821 - Photo 1

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$549,000 New to Website

For Sale
Active
Single Family
5 Beds
3 Full Baths
1 Partial Bath
4,398 Sq. Ft.
Updated 5 days ago

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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.

Full Property Details

Full Property Details for 224 5th St

General

Price: $549,000
Taxes: $1,963 (2025)
Status: Active
Type: Single Family
Source: MetroList_Colorado
MLS ID: 5672607
Updated: 4/6/2026
Added to Site: 6 day(s) ago

Interior

Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
Furnishings: Negotiable

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 3
Half Bathrooms: 1
Main Floor Baths: 2

Bedrooms

Total Bedrooms: 5
Bedrooms Main: 1

Parking

Total Spaces: 1

Location

County: Lincoln
Subdivision: Hugo
Building Name: Hugo Railroad Manor

School Information

Elem School District: Genoa-Hugo C-113
Midd School District: Genoa-Hugo C-113
High School District: Genoa-Hugo C-113
Elementary School: Genoa-Hugo
Middle School: Genoa-Hugo
High School: Genoa-Hugo

Community

Pets Allowed: Yes

Heating & Cooling

Cooling Type: Room Air Conditioning
Heating Type: Forced Air, Natural Gas

Utilities

Sewer: Community Sewer
Water: Public

Structural Information

Structure Type: House
Construction: Frame, Wood Siding
Basement: Yes
Basement Desc.: Unfinished
Roof: Composition
Square Feet: 4,398
Sq. Ft. Source: Public Records
Living Area: 2,842 Sq. Ft.
Year Built: 1910
Property Condition: Updated/Remodeled

Lot Features

Lot Size (Acres): 0.48
Lot Size (Sq. Ft.): 21,000

Financial Considerations

Tax Amount: $1,963
Tax Year: 2025
Terms: 1031 Exchange, Cash, Conventional, FHA, Jumbo, USDA Loan, VA Loan

Disclosures and Reports

Ownership: Individual
Special Conditions: None
Legal Description: LOTS 29, 30, 31, 32, 33, & 34; BLK. 2; HILLS ADDITION TO THE TOWN OF HUGO, COLORADO
Exclusions: Furnishings can be negotiated for an additional purchase price.
Property ID: 279732230012 & 279732230011

Listed by Gordon Real Estate Group

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Listing agents

— 224 5th St —

Gordon Real Estate Group
Gordon Real Estate Group

janae@gordonregroup.com,719-349-0423

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NMLS#: 1598647

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Schools

Schools serving 224 5th St

School District:Genoa-Hugo School District C-113

Name	Grades	Distance
Genoa-Hugo School 220 Seventh Street, Hugo, CO 80821	PK-12	0.1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History

Tax History for 224 5th St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,229

84%

$18,071

49%

2024

$668

7%

$12,156

—

2023

$627

-18%

$12,156

-15%

2022

$769

-3%

$14,347

-3%

2021

$791

-72%

$14,760

-46%

2020

$2,853

7%

$27,577

—

2019

$2,666

390%

$27,577

425%

2018

$544

3%

$5,248

—

2017

$527

1%

$5,248

—

2016

$521

7%

$5,262

—

2015

$487

—

$5,262

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 224 5th St

New to Website

$575,000

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224 5th Street, Hugo, CO 80821 (MLS# 5672607) is a Single Family property with 5 bedrooms, 3 full bathrooms and 1 partial bathroom. 224 5th Street is currently listed for $549,000 and was received on April 06, 2026. Want to learn more about 224 5th Street? Do you have questions about finding other Single Family real estate for sale in Hugo? You can browse all Hugo real estate or contact a Coldwell Banker agent to request more information.

224 5th St Hugo, CO 80821