Metro Denver Luxury Homes For Sale

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.

Features
: Heat Pump, Forced Air, Baseboard
: Central Air
: Partial
: Smoke Detector(s)
: Deck, Patio
: 2
: Negotiable
: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Oven
: Contemporary, Cottage
: Concrete, Oversized, Guest
: Composition
: Public Sewer
Address Map
CO
Weld
Severance
80550
4th
224
Avenue
W105° 9' 3.4''
N40° 31' 23.8''
Additional Information
: Frame, Wood Siding
Range View
: Carpet, Wood, Vinyl
2
Windsor
: High Ceilings, Open Floorplan, Eat-in Kitchen, Ceiling Fan(s), Entrance Foyer, Built-in Features
Yes
Yes
Cash, Conventional, FHA, VA Loan
: Level
Severance
RE/MAX Advanced Inc.
R1391786
: None
: House
Franklins Add
$1,738
2024
: Electricity Available, Natural Gas Available
: Window Coverings, Bay Window(s)
06/20/2025
1566
Active
Weld RE-4
Weld RE-4
In Unit
Weld RE-4
06/20/2025
06/20/2025
Public
: One

Franklins Add

224 4th Avenue, Severance, CO 80550

3 Bedrooms
2 Total Baths
1,566 Square Feet
$525,000
Listing ID #7999202
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 7999202
Price : $525,000
Bedrooms : 3
Rooms : 8
Total Baths : 2
3/4 Bathrooms : 2
Square Footage : 1,566 Square Feet
Year Built : 1909
Lot Area : 7,000 Acres
Lot Acres : 7000
Property Sub Type : Single Family Residence
Status : Active
Originating System Name : REcolorado
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