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Sold for $512,500
  • $512,500

    224 4th Ave, Severance, CO 80546

    3beds
    1,566sqft
    Mixed Use
    Built in 1909
    7,000 Square Feet Lot
    $508,300 Zestimate®
    $327/sqft
    $2,075 Estimated rent

    Home value

    $508,300

    $483,000 - $539,000

    $2,075/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    The Barefoot Team 970-281-5049,

    RE/MAX Advanced Inc.

    Bought with:

    BreyAnna Garland, 100096144

    Orchard Brokerage LLC

    Source: IRES as distributed by MLS GRID,MLS#: 1032953MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bathrooms: 1
    Rooms
    • Room types: Loft
    Primary bedroom
    • Description: Carpet
    • Features: Shared Primary Bath
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12 x 12
    Bedroom 2
    • Description: Carpet
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11 x 11
    Bedroom 3
    • Description: Vinyl
    • Level: Upper
    • Area: 323 Square Feet
    • Dimensions: 17 x 19
    Dining room
    • Description: Wood
    • Level: Main
    • Area: 169 Square Feet
    • Dimensions: 13 x 13
    Kitchen
    • Description: Vinyl
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 10 x 18
    Living room
    • Description: Wood
    • Level: Main
    • Area: 182 Square Feet
    • Dimensions: 13 x 14
    Heating
    • Forced Air, Heat Pump, Baseboard, 2 or more Heat Sources
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
    • Laundry: Washer/Dryer Hookup
    Features
    • Eat-in Kitchen, Open Floorplan, Workshop, Natural Woodwork, Wet Bar, Kitchen Island, High Ceilings, Sun Room, In-Law Floorplan
    • Doors: French Doors
    • Windows: Window Coverings, Bay or Bow Window
    • Basement: None,Crawl Space
    Interior area
    • Total structure area: 1,566
    • Total interior livable area: 1,566 sqft
    • Finished area above ground: 1,566

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Oversized
    • Garage spaces: 2
    • Details: Detached
    Accessibility
    • Accessibility features: Level Lot, Level Drive, Main Floor Bath, Accessible Bedroom, Stall Shower, Main Level Laundry
    Features
    • Levels: One,Two
    • Stories: 2
    • Patio & porch: Patio, Deck, Enclosed
    • Exterior features: Sprinkler System
    • Fencing: Partial,Vinyl
    Lot
    • Size: 7,000 Square Feet
    • Features: City Limits, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley
    Details
    • Additional structures: Carriage House
    • Parcel number: R1391786
    • Zoning: Town Core
    • Special conditions: Private Owner

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Farmhouse,Includes Rental Unit
    • Property subtype: Mixed Use
    Materials
    • Frame, Wood Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1909

    Utilities & green energy

    • Electric: XCEL
    • Gas: XCEL
    • Sewer: Public Sewer
    • Water: City
    • Utilities for property: Natural Gas Available, Electricity Available

    Community & HOA

    Community
    • Security: Fire Alarm
    • Subdivision: Franklins Add
    HOA
    • Has HOA: No
    Location
    • Region: Severance

    Financial & listing details

    • Price per square foot: $327/sqft
    • Annual tax amount: $1,738
    • Date on market: 5/2/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Exclusions: Subject to negotiation
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    7/17/2025Sold$512,500-2.4%$327/sqft
    Source: IRES as distributed by MLS GRID #1032953 Report a problem
    6/19/2025Price change$525,000-4.4%$335/sqft
    Source: IRES as distributed by MLS GRID #1032953 Report a problem
    5/2/2025Listed for sale$549,000$351/sqft
    Source: IRES as distributed by MLS GRID #1032953 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 80546

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Range View
    • Middle: Severance
    • High: Severance High School

    Source: IRES as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $508,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $508,300