House-and-cottage propertyMain house and cottageFresh paintModernized bathroomsUpdated flooring
Incredible investment opportunity featuring long-term tenants in both units since the extensive renovations were completed in 2024. Both the main house and cottage were fully remodeled with updated flooring, fresh paint, modernized bathrooms, and numerous additional improvements. Long-term leases are currently in place, generating $2,705 per month and over $32,000 annually in rental income. Opportunities to acquire a house-and-cottage property in Colorado at this price point are increasingly rare. The property offers stable cash flow from established tenants, making it an excellent addition to an investor's portfolio. Landlord currently pays water, while tenants are responsible for their remaining utilities.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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