702 Bennett Ave, Glenwood Springs, CO 81601

This fantastic property has four dwelling units on one parcel located two blocks from downtown Glenwood Springs. The residences include a the main home that was originally built in 1919 and nicely renovated in 2004. The 2004 renovation included underpinning the foundation, a new kitchen and bathroom in the main house, finishing of a portion of the attic and addition of a mother in law apartment in the basement. In addition to the main house, there are two cozy cabins on the property that were constructed in the early 1900s, periodically renovated, and occupied by long term tenants. The parcel is a fantastic location approximately two blocks to downtown with mature trees and a beautifully fenced yard. One outbuilding includes laundry and storage for tenants and another has mechanical. Monthly gross rental income is $7400 for all four units. Landlord pays water/sewer/trash and gas for main house and tenants pay all other utilities.