Property Description

Versatile Investment Opportunity in West Glenwood - Income Potential + Multi-Use Living!Discover the perfect blend of comfort, flexibility, and income potential with this well-maintained single-family home located in unincorporated Garfield County--with no HOA. Set on a 0.21-acre fenced lot, this 2,101 sq ft home features 5 bedrooms and 3.5 bathrooms, with ample space for families, tenants, or multi-generational living. Inside, you'll find a warm and inviting atmosphere enhanced by two gas fireplaces, perfect for cozy evenings, along with thoughtful upkeep throughout and new exterior paint that adds fresh curb appeal.The property also includes two separate garages, one of which is oversized, making it ideal for a workshop, storage, or hobby space.A standout feature is the fully furnished lock-off studio, with exceptional flexibility and proven positive rental history. This space has been historically rented for 30+ day stays to healthcare providers, teachers, and new community members but also has the potential for short term rentals. (Current ROI of 7.3%). Continue generating supplemental income to offset your mortgage or utilize the space as a comfortable and private mother-in-law suite.Enjoy beautiful views of Red Mountain while benefiting from a highly convenient location with close proximity to bus stops and easy access to I-70, making commuting simple and efficient.Whether you're searching for an investment property, partial rental, or a spacious primary residence, this property truly offers endless possibilities.Schedule your showing today and see all the flexibility that this property has to offer!

Property Features