Perfect Investment Property. You can rent all three buildings while paying off the mortgage. The charming residence is a picture-perfect example of early Idaho Springs properties, offering full front porch, three bedrooms, three baths, and a laundry-list of beautiful updates. The open floor plan is bright and inviting, the spacious primary bedroom features stamped tile ceilings and the kitchen is updated with coffee bar and stainless appliances, including a gas range. The Additional Dwelling Unit (ADU) could be a fabulous short or long-term rental opportunity, with its full kitchen and nicely updated bathroom.
The home and/or ADU could be rented for additional income to offset the commercial building or just reside in the home and rent the others. The options are unlimited with this awesome property. This is a highly sought-after area, with fabulous street-side exposure for almost any business. Per Idaho Springs annual report, over 22 million visitors travel through Idaho Springs annually.
Commercial building offers multiple uses for this large 2000 sq ft space. Woodshop, mechanical shop, restaurant, bike shop (both bicycle or motor), rafting location, small offices, freelance developer, graphic designer, landscaper, roof and awning and gutter supplier, vending machine owner, doggy daycare, marijuana grower and distributor, General Contractor, etc. Huge Commercial building garage door 12 ft X 14 ft. Building is insulated, with office and bathroom. The walls in the shop are 16 ft and the center height is 20 ft. You could build a second floor if more space is needed.
1,536 Sq Ft
0.24 Private Acres Exterior Space
Single Family Home
$4,907 Annual Tax
Built in 1900
MLS/Listing ID 4458567
Gas Water Heater
Microwave
Oven
Construction - Wood Siding
Private Yard
Partial
Family Room Fireplace
Pellet Stove Fireplace
Carpet
Tile
Natural Wood
Slab
Heating - Forced Air
Lot - Near Public Transit
Front Porch
Composition
Window Coverings
Unfurnished
Washer
Range
Refrigerator
Self Cleaning Oven
Style - Traditional
Dishwasher
Disposal
Dryer
Listing Courtesy of BROKERS GUILD HOMES, ALDORA GAUTHIER-NAIL - 303-847-8424
Source of Data: RECOLORADO