Windsor Colorado Real Estate Investment Opportunity
Are you looking to invest in Northern Colorado Real Estate? Here is a really unique opportunity to buy two homes on Main Street Windsor, Colorado. Live in one while you fix up the other or just make them both long-term or short-term rentals. Two side-by-side rentals in such a walkable location is very hard to find. Keep reading to learn more about investing in Real Estate in Windsor, Colorado.
Why Invest in Property in Downtown Windsor?
The location of these two homes on Main Street gives a very unique opportunity to walk to Windsor Lake where you can fish, boat, swim, watch the eagles, take the bike path around the lake or enjoy live music and fireworks at Boardwalk Park.
In addition to Windsor Lake being just a block away, you can walk to Main Park or Chimney Park where you have ball fields, playgrounds and even a city swimming pool. Or, walk two blocks to downtown shopping, multiple restaurants and even a brewery. This location is very walkable and even more exciting businesses are coming to Windsor.
Not only are these two homes located right in the center of downtown Windsor, but they are also only 2 miles from Future Legends Sports Complex. Future Legends in home to the NoCo Owlz Professional Baseball Team and Colorado Hailstorm Soccer Team. The sports complex has sports tournaments year round with one of the largest indoor sports bubbles in the country.
Imagine the possibilities of renting these two homes as short-term rentals to families visiting for tournaments and concerts at the Future Legends Sports Complex.
21 Main Street Windsor, Colorado
This home is 928 square feet with 2 larger bedrooms, one full bathroom, a spacious living room, nice front entry room, tons of natural light, and a small fenced backyard with a private patio. Washer/Dryer and kitchen appliances are included. There is a well for non-potable irrigation water.
This block is currently zoned residential but there are some in home business a couple of homes down. The city has said that this block could turn to commercial or mixed use in the near future. This could be great for your small business.
The home at 21 Main Street in downtown Windsor, Colorado could use a couple of small repairs but it is basically move in ready for a renter or if you wanted to move in and work on fixing the property next door.
23 Main Street Windsor Colorado
This property is a 756 square foot building on a concrete slab. There is also an additional unfinished room (roughly 10′ x 12′) build onto the back of the building. It is all one large room which could be built into a nice one bedroom or two bedroom home.
23 Main Street is not currently connected to water or sewer. The water tap fee has been paid but a buyer will need to pay the city sewer permit (roughly $4,000) to connect the house to city water and sewer. The water and sewer lines run at the rear of the property. We’ve had quotes of less than $20,000 to connect and run lines into the house.
There is electricty and a gas meter. Nothing in the building runs on gas but Xcel has verified that the account exists and gas is available at the property.
This home sits back at the rear of the lot giving the home some privacy and tucking it away from traffic on Main Street. The front yard could be landscaped into a beautiful and welcoming palce.
There is no driveway for this property. Main Street is Colorado Highway 392 & Highway 257 so it is controlled by CDOT. Currently CDOT has said they will not allow any more driveways in this area. Buyer to verify if a private driveway can be added.
To access the property, there is an easement through the neighboring property at 21 Main Street. You would use the driveway at 21 Main and drive to the rear of the property near the building at 23 Main. This is one reason that one owner should own both neighboring properties.
In January 2023, the Windsor City Planning department approved the subdivision of this property and a variance for a building on this smaller lot.
I have compiled all information and contact numbers for city staff to answer your questions. Email me at firstname.lastname@example.org to receive all the details.
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Windsor Colorado Realtor