103 Grand Avenue
Silt, CO 81652
$642,000
Beds: 4
Baths: 2
Sq. Ft.: 2,040
Type: House
Listing #187513
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.
Property Features
County: Garfield
MLS Area: 11-Silt Proper
Latitude: 39.548404
Longitude: -107.662326
Minor Area: 11-Silt Proper
Subdivision: Townsite of Silt
Directions: Heading west on I-70 W, take exit 97 toward 9th St, turn right onto 9th St At the traffic circle, take the 3rd exit onto US-6 W/Main St, turn right onto N 1st St, then turn right onto Grand Avenue and the destination will be on the right.
Full Baths: 2
Heating: Wood Stove, Electric, Baseboard
Cooling: Evaporative Cooling
Furnished: Unfurnished
Style: Split Level
Roof: Composition
Water: Public
Electric: Yes
Garage Spaces: 2
Lot Size in Acres: 0.13
Building Total Area (Sq. Ft.): 2,040
Possession: DOD, Subject to Lease, Negotiable
Property Type: SFR
Property SubType: Single Family Residence
Year Built: 1981
Status: Active
HOA Includes: Sewer
Tax Year: 2024
Tax Amount: $1,954.2
Inclusions: Ceiling Fan, Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Range, Microwave, Dishwasher
$ per month
Year Fixed. % Interest Rate.
Principal + Interest: | $ |
Monthly Tax: | $ |
Monthly Insurance: | $ |
Listing Courtesy of Slifer Smith & Frampton RFV (970) 925-8088
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AGSMLS data last updated at May 16, 2025, 8:32 AM MT
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