403 E 3rd Street, Rifle, CO 81650

$490,000
2
BD
2
BA
1,132
SqFt

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List Price
$490,000
Status
ACTIVE
MLS#
194420
Year Built
1918
Bedrooms
2
Bathrooms
2
Living Area
1,132
Acres
0.14
Lot Size
6,250
Region
Rifle
Subdivision
Clarkson-Munro
Neighborhood
12-Rifle Proper

Property Description

Discover exceptional flexibility and investment potential with this centrally located Rifle property! Currently generating approximately $3,500 per month in rental income, the property offers an attractive opportunity for investors or owner-occupants seeking supplemental income. The main home features 2 bedrooms and 1 bathroom and a flexible space downstairs, with existing private access to both the upper and lower levels--offering potential for conversion into separate living unit (subject to approval). A permitted, standalone tiny home provides additional possibilities for rental income, guest accommodations, multigenerational living, or a private home office. Situated on a large lot with abundant off-street parking, this unique property is conveniently located near downtown Rifle, shopping, dining, parks, and walking paths. A rare opportunity with multiple living spaces, established income, and room to bring your vision to life! Main House- 2 bed, 1 bath, 1 nonconforming bedroom (flexible space) Tiny House- Loft and 3/4 Bath Main House Major Improvements - new boiler - new swamp cooler - new soffit - new gutters - new concrete - new sewer line Tiny Home constructed 2023

Additional Information

Taxes
$1,179
Tax Year
2025
Water
Public
Heating
Baseboard, Hot Water
Cooling
Evaporative Cooling

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Misty Briscoe-Garcia 970-230-0359 from Listing Office: Freehold Mountain Real Estate.

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