103 Grand Avenue, Silt, CO 81652

Property Description

Income-Generating Home with Versatile Living Spaces: Discover the perfect blend of comfort, convenience, and investment potential in this spacious 2,040 sq. ft. home. Ample parking with a total of seven (!) car spots: three in the back alley, a two-car garage and two more in the front, on Grand Avenue. Located next to the elementary school and within walking distance to downtown amenities and parks, this property offers incredible flexibility with TWO SEPARATE living spaces—a fantastic opportunity for rental income or multi-generational living. The front yard is shaded by beautiful mature trees, creating the perfect space to relax and unwind - for yourself, or for your potential short term rental guests. The upstairs unit is currently being rented out for $2,500/month and includes: two bedrooms, a full bathroom, a spacious living room, a laundry area, a full kitchen and dining area. The tenant enjoys exclusive use of the backyard, private patio, art shed/greenhouse and spacious two car garage. The downstairs suite has previously been successfully used as a short-term rental, offering a unique source of additional income. This level features a spacious flex room/non-conforming master bedroom with a cozy wood-burning stove, bedroom, kitchen, a large laundry room and a full bathroom, which make the space completely functional and self-sufficient. Don't miss this excellent investment opportunity with built-in rental income! Schedule your showing today. NO HOA! Some images have been digitally staged/enhanced, in order to showcase the potential of the space. The 4th bedroom in the downstairs unit is non-conforming.