This brick home with income-generating possibilities offers the perfect canvas for your investment vision. The cozy two-bedroom, one-bathroom main residence features a full basement that's ready to transform into additional living space or serve as generous storage. A country kitchen with abundant cabinet space provides both functionality and charm for everyday living. What sets this property apart is its impressive commercial building on-site--though in need of renovation, it presents exciting possibilities for the imaginative buyer. Behind the main home, you'll find two one-bedroom apartments, creating rental income potential while you develop your long-term strategy. The community commercial zoning designation opens doors to various business opportunities, and the property may qualify for Urban Redevelopment assistance programs--a significant advantage for investors looking to maximize return on improvements. Two garages and an old smokehouse adds to the character of this unique property. While this diamond-in-the-rough requires renovation throughout, its unique combination of residential and commercial spaces on a generous lot creates a rare opportunity in Walsenburg. Perfect for the visionary investor seeking to create something truly special from a property with good bones and multiple income streams.
For sale
$315,000
536 W 7th St, Walsenburg, CO 81089
2beds
2,252sqft
Est.:
Single Family Residence
Built in 1923
8,712 Square Feet Lot
$303,000 Zestimate®
$140/sqft
$-- HOA
What's special
- 18 days
- on Zillow |
- 1,117 |
- 55 |
Zillow last checked: 7 hours ago
Listing updated: June 20, 2025 at 01:13pm
Listed by:
719-989-9046,
Bachman & Associates
Source: Spanish Peaks BOR,MLS#: 25-609
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet, Laminate, Wood
- Basement: Full
Interior area
- Total structure area: 2,252
- Total interior livable area: 2,252 sqft
- Finished area above ground: 2,252
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Detached
- Garage spaces: 3
- Details: Garage Remarks: 2garages 1smokehouse
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch, Covered
- Exterior features: Curb & Gutter
- Fencing: Fenced
Lot
- Size: 8,712 Square Feet
- Features: Rectangular Lot
- Topography: Level
Details
- Additional structures: Outbuilding
- Parcel number: 14715
- Zoning description: Community Commercial
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Frame, Brick Veneer, Stucco
- Roof: Composition
Condition
- Year built: 1923
Utilities & green energy
- Electric: 100 Amp Service, 200+ Amp Service
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Walsenburg Addition
Location
- Region: Walsenburg
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $42,561
- Annual tax amount: $312
- Date on market: 6/9/2025
- Road surface type: Gravel
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