224 4th AVE Open House Save Request In-Person Tour Request Virtual Tour
Severance,CO 80546
OPEN HOUSE
Fri May 09, 4:00pm - 6:00pm
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,566 sqft
Price per Sqft $350
Subdivision Franklins Add
MLS Listing ID IR1032953
Style Rustic
Bedrooms 3
Three Quarter Bath 2
HOA Y/N No
Abv Grd Liv Area 1,566
Originating Board recolorado
Year Built 1909
Annual Tax Amount $1,738
Tax Year 2024
Lot Size 7,000 Sqft
Acres 0.16
Property Sub-Type Single Family Residence
Property Description
Incredible investment opportunity for a fully furnished - turnkey short-term rental/investment property OR live in one unit while renting the other for the perfect house hack OR live/work as you live in one unit and run a business out of the other. This offering has a long history of excellent returns as a short-term rental in a town with less than 5 other Airbnb's, a population of more than 10k people and NO hotels. Yearly gross rental income exceeds $46,000 with plenty of room for improvement. The 1909 farmhouse has been significantly updated with forced air/AC, updated electrical and plumbing, newer appliances, refinished floors, refinished cabinetry, new trim, new carpet in bedrooms and much more. With all the updates, the charm of the original farmhouse remains. You will fall in love with the details - incredible trim and casings, high ceilings, built in cabinetry and tons of natural light. Located in the heart of Severance and zoned 'Town Core,' the property offers rare flexibility-ideal for a small business, retail, or office space. Permitted carriage house/accessory dwelling unit was built in 2008 and offers a charming studio apartment which can be rented independently from the farmhouse or in conjunction with the entire property. ADU includes large kitchenette, new mini-split, and large 3/4 bath. Tons of off-street parking, with alley access and a 683sf detached garage/shop. Enjoy the comfort of the picturesque enclosed front porch or relax on the back patio overlooking a beautifully manicured yard.
Location
State CO
County Weld
Zoning Town Core
Rooms
Basement Crawl Space,None
Main Level Bedrooms 2
Interior
Interior Features Eat-in Kitchen,In-Law Floorplan,Kitchen Island,Open Floorplan,Wet Bar
Heating Baseboard,Forced Air,Heat Pump
Cooling Ceiling Fan(s),Central Air
Fireplace N
Appliance Dishwasher,Disposal,Dryer,Microwave,Oven,Refrigerator,Washer
Laundry In Unit
Exterior
Parking Features Oversized
Garage Spaces 2.0
Fence Fenced,Partial
Utilities Available Electricity Available,Natural Gas Available
Roof Type Composition
Total Parking Spaces 2
Building
Lot Description Level,Sprinklers In Front
Sewer Public Sewer
Water Public
Level or Stories One,Two
Structure Type Frame,Wood Siding
Schools
Elementary Schools Range View
Middle Schools Severance
High Schools Severance
School District Other
Others
Ownership Individual
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Virtual Tour https://www.zillow.com/view-imx/53e4e3a0-5975-4f60-858f-881516b1996a?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard