243 Walnut Avenue, Palmer Lake, CO 80133
- $738,500
- 4
- BD
- 3
- BA
- 2,393
- SqFt
- List Price
- $738,500
- Status
- Active
- MLS#
- 1517551
- Price Change
- ▼ $6,500 1695077257
- Days on Market
- 82
- Property Type
- Single Family
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 2,393
- Lot Size
- 5,000
- Finished Sqft
- 2393
- Upper Sqft
- 1169
- Main Sqft
- 1224
- Acres
- 0.11
- County
- El Paso
- Neighborhood
- Glen Park Palmer Lake
- Year Built
- 1899
Property Description
Delight in the charm of historic Palmer Lake paired with modern-day Short Term Rental investment potential in this meticulously remodeled gem. The distinctive feature of this property is its unique and flexible layout, which can be partitioned into two separate living spaces. The downstairs unit is currently utilized as a short-term vacation rental, generating a monthly income. Sellers intend to transfer any upcoming bookings with sale. The lower living unit shines with a well-equipped kitchen, cozy living areas, and chic bedrooms, making it a highly sought-after getaway for vacationers seeking the tranquility of the area. The upper unit, currently the owner's living space, mirrors the same charm and elegance, making it the perfect private retreat. Additionally, the property's location in a serene, historic neighborhood, brimming with picturesque landscapes and walking distance to local amenities, significantly increases its appeal to both long-term renters and vacationers alike. The possibilities of this home are boundless: Live in one unit while earning a substantial income from the other, rent both units out for double the profit, or occupy the entire space as a remarkable single-family home with space to spread out. Enter the lower living space/ short term rental via the door behind the red gate to the right of the garage or through a spiral staircase in the backyard. Enter the upper level living space via the garage.
Additional Information
- Lot Description
- See Prop Desc Remarks
- School District
- Lewis-Palmer-38
- Garage Spaces
- 2
- Garage Type
- Attached
- Construction Status
- Existing Home
- Siding
- Alum/Vinyl/Steel, Stone, Other
- Tax Year
- 2022
- Tax
- $885
- Existing Utilities
- Electricity, Natural Gas
- Existing Water
- Municipal
- Structure
- Wood Frame
- Roofing
- Composite Shingle
- Floor Plan
- 2 Story
- Basement Foundation
- Not Applicable
- Optional Notices
- Sold As Is
- HOA Frequency
- Not Applicable
- Miscellaneous
- Secondary Suite w/in Home
- Heating
- Forced Air
- Cooling
- None
- Earnest Money
- 6500
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Listing courtesy of Muldoon Associates Inc.
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