This brick home with income-generating possibilities offers the perfect canvas for your investment vision. The cozy two-bedroom, one-bathroom main residence features a full basement that's ready to transform into additional living space or serve as generous storage. A country kitchen with abundant cabinet space provides both functionality and charm for everyday living. What sets this property apart is its impressive commercial building on-site--though in need of renovation, it presents exciting possibilities for the imaginative buyer. Behind the main home, you'll find two one-bedroom apartments, creating rental income potential while you develop your long-term strategy. The community commercial zoning designation opens doors to various business opportunities, and the property may qualify for Urban Redevelopment assistance programs--a significant advantage for investors looking to maximize return on improvements. Two garages and an old smokehouse adds to the character of this unique property. While this diamond-in-the-rough requires renovation throughout, its unique combination of residential and commercial spaces on a generous lot creates a rare opportunity in Walsenburg. Perfect for the visionary investor seeking to create something truly special from a property with good bones and multiple income streams.
For sale
Price cut: $15K (7/22)
$299,999
536 W 7th St, Walsenburg, CO 81089
2beds
2,252sqft
Est.:
Single Family Residence
Built in 1923
8,712 Square Feet Lot
$-- Zestimate®
$133/sqft
$-- HOA
What's special
- 74 days
- on Zillow |
- 193 |
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