702 Bennett Avenue, Glenwood Springs, CO 81601

$1,050,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,084 Lot Size (sq. ft.): 8,537 Status: Closed
Current Price: $1,050,000 List Date: 10/31/2024 Last Modified: 6/29/2026

Overview

Description

This fantastic property has four dwelling units on one parcel located two blocks from downtown Glenwood Springs. The residences include a the main home that was originally built in 1919 and nicely renovated in 2004. The 2004 renovation included underpinning the foundation, a new kitchen and bathroom in the main house, finishing of a portion of the attic and addition of a mother in law apartment in the basement. In addition to the main house, there are two cozy cabins on the property that were constructed in the early 1900s, periodically renovated, and occupied by long term tenants. The parcel is a fantastic location approximately two blocks to downtown with mature trees and a beautifully fenced yard. One outbuilding includes laundry and storage for tenants and another has mechanical. Monthly gross rental income is $7400 for all four units. Landlord pays water/sewer/trash and gas for main house and tenants pay all other utilities.

Listing Details MLS# 185965

Location Info

Type
Residential Income
Major Area
Glenwood Springs
Area
09-Glenwood Proper
Original List Price
1150000
Asking Price
1150000
Street #
702
Street Name
Bennett
Street Suffix
Avenue
City/Town
Glenwood Springs
State/Province
CO
Postal Code
81601
Furnished
Unfurnished

Keywords Info

Total Baths
4
Baths - Full
2
Baths - 3/4
2
Acreage
Refer to Lot Size
Garage
No
Pre-Fabricated Home
No

Listing Info

New Construction
No
Seller/Owner is Licensed
Yes
REO
No
Auction
No
In Foreclosure
No
Member Association
Glenwood Association
County
Garfield
ADU
Yes

General Info

Sub/Loc
Townsite of Glenwood Springs
Legal
Section: 9 Township: 6 Range: 89 Subdivision: ORIGINAL TWNSTE. GLENWOOD Block: 47 Lot: 1 THRU:- Lot: 3 8537 SQ. FT.
Zoning
Residential
Nbr of Acres
0.2
Lot SqFt
8537
Lv Ht SqFt
3084
Total SqFt
3084
Price/LvH SqFt
372.89
ud_i_02
3
Main Floor Primary Bedroom
No
Short Termable
No
Year Built
1918
Year Remodeled
2008
Parcel #
218509102022
Directions
Property is on the southeast corner of 7th and Bennett

Financing Info

Metro Tax District
No
Taxes
3541.44
Tax Year
2023
Transfer Tax
No
HOA Dues Y/N
No
HOA Transfer Fee
No

Status Change Info

Under Contract Date
2024-11-07
Proposed Close Date
2024-12-31
Sold Date
2025-01-08
Sold Price Per/SF
340.47
How Sold
Conventional

More Information

Remarks

Public Remarks
This fantastic property has four dwelling units on one parcel located two blocks from downtown Glenwood Springs. The residences include a the main home that was originally built in 1919 and nicely renovated in 2004. The 2004 renovation included underpinning the foundation, a new kitchen and bathroom in the main house, finishing of a portion of the attic and addition of a mother in law apartment in the basement. In addition to the main house, there are two cozy cabins on the property that were constructed in the early 1900s, periodically renovated, and occupied by long term tenants. The parcel is a fantastic location approximately two blocks to downtown with mature trees and a beautifully fenced yard. One outbuilding includes laundry and storage for tenants and another has mechanical. Monthly gross rental income is $7400 for all four units. Landlord pays water/sewer/trash and gas for main house and tenants pay all other utilities.

Exclusions

Exclusions
Tenant personal property

Property Features

Laundry Facility: Common Area; In Hall Style: Two Story Construction: Block; Frame Exterior: Brick Veneer; Cement Siding Roof: Composition Shingles Condition: Good Heating: Electric; Forced Air; Radiant Gas: Natural Gas Water: Public Cooling: None Sanitation: Sewer Carport: None Parking Area: Common; None Possession: DOD Extras: Outbuildings Terms Offered: Cash; New Loan Disclosures: 1031 Exchange Mineral Rights: No Water Rights: No Documents on File: Financials; House Plans; Leases; Survey/ILC Location Amenities: Views Inclusions: Ceiling Fan; Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; See Remarks; Washer; Window Coverings
IDX
Listing Office: Real Broker, LLC
Source MLS Verified
Last Updated: June - 29 - 2026
Broker Attribution: (855) 450-0422

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