224 4th Ave
Severance, CO 80546
- 3 beds
- 2 baths
- 1,566 sqft
- 7,000 sqft lot
- $350 per sqft
- 1909 build
- – on site
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 $46,000 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.
Last checked:
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Last updated May 12, 2025
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MLS# 1032953 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1909
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New Construction:false
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Construction Materials:Wood/Frame
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Architectural Style:Farm House
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Structure Type:Includes Rental Unit
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Total SqFt:1,566 Sqft
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Building Area Total:1566
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Roof:Composition
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Levels:One
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Basement:None
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Stories:1
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Window Features:Window Coverings
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Patio And Porch Features:Patio
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Door Features:French Doors
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Accessibility Features:Level Lot
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Above Grade Finished Area:1566
Interior
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Interior Features:In-Law Floorplan
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Living Room Level:Main
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Living Room Features:Wood Floor
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Kitchen Level:Main
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Kitchen Features:Vinyl Floor
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Dining Room Level:Main
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Dining Room Features:Wood Floor
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Laundry Features:Washer/Dryer Hookups
Room Dimensions
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Living Area:1566
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Living Area Units:Square Feet
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Living Area Source:Other
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Main Floor SqFt:994
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Living Room Area:182
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Living Room Length:14
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Living Room Width:13
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Kitchen Length:18
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Kitchen Area:180
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Kitchen Width:10
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Dining Room Area:169
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Dining Room Length:13
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Dining Room Width:13
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Master Bedroom Area:144
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Master Bedroom Width:12
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Master Bedroom Length:12
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Bedroom 2 Area:121
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Bedroom 2 Length:11
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Bedroom 3 Length:19
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Bedroom 2 Width:11
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Bedroom 3 Area:323
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Bedroom 3 Width:17
Financial & Terms
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Listing Terms:Cash
Location
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Coordinates:-104.849206, 40.523173
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Latitude:40.523173
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Longitude:-104.849206
The Property
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Property Type:Residential
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Property Subtype:Residential-Detached
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Parcel Number:R1391786
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Lot Features:Curbs
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Lot Size Acres:0.16
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Lot Size SqFt:7,000 Sqft
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Lot Size Area:7000
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Lot Size Units:Square Feet
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Zoning:Town Core
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Possible Use:Single Family
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Exclusions:Subject to negotiation
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Horse:false
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Fencing:Partial
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Other Structures:Workshop
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Exterior Features:Lighting
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Waterfront:false
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Road Frontage Type:City Street
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Road Surface Type:Paved
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Has Water Rights:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:$1,738
Beds
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Bedrooms Total:3
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Bedroom 2 Level:Main
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Bedroom 2 Features:Carpet
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Bedroom 3 Level:Upper
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Bedroom 3 Features:Vinyl Floor
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Master Bedroom Level:Main
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Master Bedroom Features:Carpet
Baths
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Total Baths:2
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Three Quarter Baths:2
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Master Bath Features:Shared Primary Bath
The Listing
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Virtual Tour URL Unbranded:https://www.zillow.com/view-imx/53e4e3a0-5975-4f60-858f-881516b1996a?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
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Special Listing Conditions:Private Owner
Heating & Cooling
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Heating:Forced Air
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Natural Gas Available
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Gas:Natural Gas, XCEL
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Electric:Electric, XCEL
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Sewer:City Sewer
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Water Source:City Water, Town of Severance
Appliances
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Appliances:Electric Range/Oven
Schools
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Elementary School:Range View
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Middle School:Severance
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High School:Severance High School
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High School District:Weld RE-4
The Community
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Association:false
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Subdivision Name:Franklins Add
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Spa:false
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Senior Community:false
Parking
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Parking Features:Alley Access
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Garage Spaces:2
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Garage:true
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Garage SqFt:683 Sqft
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Garage Type:Detached
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Attached Garage:false
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Covered Spaces:2
Monthly cost estimate

Asking price
$549,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,939
|
Taxes | $144 |
Insurance | $150 |
Utilities | $178 See report |
Total | $3,411/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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5/2/25
May 2, 2025
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Listed / Active | IRES | $549,000 | 86.1% (15.5% / YR) |
10/18/19
Oct 18, 2019
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IRES | $295,000 |