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Property view

224 4th Avenue, 
Severance, CO 80546

$512,500


3

Beds


2

Baths


1,566

Sq Ft


Single Family

Sold

Listed by

The Barefoot Team

Bought with Orchard Brokerage LLC

RE/MAX Advanced Inc.

MLS#

IR1032953

Source:

ML

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About This Home

224 4th Avenue

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.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1909

Price Summary

525,000

$335 per Sq. Ft.

MLS #:

IR1032953


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

1,566 Sq. Ft.


Structure

Structure

Building Area:

1,566 Sq. Ft.

Year Built:

1909


Lot

Lot Size (Sq. Ft):

7,000


Finances & Disclosures

Finances

Price:

$525,000

Price per Sq. Ft:

$335 per Sq. Ft.

MLS Logo
Based on information submitted to the MLS GRID as of July 17, 2025 09:43 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.