224 4th Ave new Save Request In-Person Tour Request Virtual Tour
Severance,CO 80550
Key Details
Property Type Single Family Home
Sub Type Residential-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,566 sqft
Price per Sqft $335
Subdivision Franklins Add
MLS Listing ID 7999202
Style Cottage/Bung,Contemporary/Modern,Ranch
Bedrooms 3
Three Quarter Bath 2
Year Built 1909
Annual Tax Amount $1,738
Lot Size 6,969 Sqft
Property Sub-Type Residential-Detached
Property Description
OPEN HOUSE: SAT 7/21 2PM - 5PM. $25K PRICE DROP!! 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 $47,000 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
Area Greeley/Weld
Interior
Heating Forced Air,Heat Pump,Baseboard
Cooling Central Air,Ceiling Fan(s)
Exterior
Parking Features Oversized
Garage Spaces 2.0
Fence Partial
Utilities Available Natural Gas Available,Electricity Available
Roof Type Composition
Building
Lot Description Level
Story 1
Sewer City Sewer,Public Sewer
Water City Water
Structure Type Wood/Frame,Wood Siding
New Construction false
Schools
Elementary Schools Range View
Middle Schools Severance
High Schools Windsor
School District Weld Re-4
Others
Special Listing Condition Private Owner
Virtual Tour https://www.zillow.com/view-imx/53e4e3a0-5975-4f60-858f-881516b1996a?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard