Sold: Jun 23, 2025 - Views
Address
103 Grand Avenue, Silt, CO
Price
$ 589,000
Property Attributes
  • MLS#187513
  • TypeSingle Family
  • Listing Status Closed
  • CountyGarfield
  • CitySilt
  • AreaSilt
  • NeighborhoodTownsite of Silt
  • Zip81652
  • StyleSplit Level
  • Year Built1981
  • Taxes$ 1954
  • Price$ 589,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2040
  • Lot Size0.13 Acres
Data Source:
Aspen Glenwood Springs MLS (AGSMLS)
Property Description

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.

Price History
6/26/2025 Listed $618,000

General Features

Living Area 2040
Heating Wood Stove,Electric,Baseboard
Cooling Evaporative Cooling
Possession DOD,Subject to Lease,Negotiable
Roof Composition
Zoning RESIDENTIAL
Garage Spaces 2
Architectural Style Split Level
Construction Materials Wood Siding,Frame
Year Built 1981
Stories Count 2
Property Subtype Single Family Residence
Tax Year 2024
County Garfield
Property Type Residential
Subdivision Name Townsite of Silt
Garage Y/N true
Building Features Yes
Other Structures Outbuildings,Green House
Total Rooms 10
Close Price 589000
Status Closed
Buyer Financing FHA
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.
City Silt
MLS Area Silt
Lot Size Units Acres
Lot Size Square Feet 5750
Listing Terms New Loan,Cash
MLS Area Minor 11-Silt Proper
Standard Status Closed

Interior Features

Furnished Y/N Unfurnished
Fireplace Features Wood Burning
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Inside
Total Baths 2

Exterior Features

Model No
Fencing Fence
Lot Features Landscaped
Water Source Public
Total Parking 7
Inclusions Ceiling Fan, Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Range, Microwave, Dishwasher
Lot Size Area 0.13
Building Area Total 2040
Lot Size Acres 0.13

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 81652

Price
AVG $1.1M
$590K
Taxes
AVG $3,801
$1,954
Year Built
AVG 2000
1981

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