This exclusive Property in the heart of downtown Fountain boasts two separate properties and a 4-car garage/workshop on a 1/3 of an acre of land. It is ideal for someone who wants to live in the main house (2,112 sq ft) and rent out the cottage (960 sq ft) to pay for the majority of their mortgage, provide an additional income, or for an investor who wants to use the properties as a great source of rental income. The 4-car garage/workshop has full electricity and is also categorized as mixed-use zoning, so you could run a little business out of there as well! Both properties are "move-in ready" with new flooring, new kitchen cabinets, new kitchen countertops, new paint, new ceiling lights, and a brand new Rheem Platinum water heater which is extremely energy efficient. The furnace is also new and was installed at the end of October 2021. This great property opportunity is next to an elementary school and a middle school. They've been used as rentals since 2019 and have been extremely effective rental properties, they have been continuously in high demand. Come and see this great opportunity property, ideal for a growing family or an investor alike! Listed with HomeRise.
Sold for $490,000 on 08/14/24
$490,000
315 S Race St, Fountain, CO 80817
5beds
3,072sqft
Single Family Residence
Built in 1970
0.35 Acres Lot
$474,100 Zestimate®
$160/sqft
$2,840 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 21, 2024 at 04:23am
Listed by:
Greg Hanson 520-405-2001,
TRELORA Realty
Bought with:
Carolyn Cathey CRS GRI
Carolyn Sue Cathey
Source: Pikes Peak MLS,MLS#: 9385558
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dryer, Refrigerator, Washer
Features
- Has basement: No
Interior area
- Total structure area: 3,072
- Total interior livable area: 3,072 sqft
- Finished area above ground: 3,072
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: Bi-level
Lot
- Size: 0.35 Acres
- Features: Level
Details
- Parcel number: 5606415008
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding, Framed on Lot
- Foundation: Slab
- Roof: Composite Shingle
Condition
- Existing Home
- New construction: No
- Year built: 1970
Utilities & green energy
- Water: Municipal
- Utilities for property: Electricity Available
Community & neighborhood
Location
- Region: Fountain
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
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Estimated market value
$474,100