This is an excellent development opportunity with the ability to build a 5,750 sq. ft. new home on two acres overlooking the Roaring Fork River, and within the Aspen School District. The eight-bedroom, 3,414 sq. ft. of improvements consists of two separate units including: a top floor 3-bedroom, 1 and ¾-bath unit, a main level 3-bedroom, 1.5-bath unit, and a garden level two-bedroom, 1-bath caretakers suite. Rental income is currently about $4,500 a month. The classic penthouse pan abode enjoys all day sunshine and Aspen Mountain and Highlands Ski Area views. Wood burning stoves warm both 3-bedroom units. Abundant storage is available. Close to Sky Mountain open space and trails. With RFTA and school bus stops nearby access is easy to Aspen and Snowmass.