243 Walnut Avenue

Palmer Lake, CO 80133

Delight in the charm of historic Palmer Lake paired with modern-day Short Term Rental investment potential in this meticulously remodeled gem. The distinctive feature of this property is its unique and flexible layout, which can be partitioned into two separate living spaces. The downstairs unit is currently utilized as a short-term vacation rental, generating a monthly income. Sellers intend to transfer any upcoming bookings with sale. The lower living unit shines with a well-equipped kitchen, cozy living areas, and chic bedrooms, making it a highly sought-after getaway for vacationers seeking the tranquility of the area. The upper unit, currently the owner's living space, mirrors the same charm and elegance, making it the perfect private retreat. Additionally, the property's location in a serene, historic neighborhood, brimming with picturesque landscapes and walking distance to local amenities, significantly increases its appeal to both long-term renters and vacationers alike. The possibilities of this home are boundless: Live in one unit while earning a substantial income from the other, rent both units out for double the profit, or occupy the entire space as a remarkable single-family home with space to spread out. Enter the lower living space/ short term rental via the door behind the red gate to the right of the garage or through a spiral staircase in the backyard. Enter the upper level living space via the garage.

Listing courtesy of Muldoon Associates Inc



The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Copyright 2023
Data last updated at: 2023-09-24 06:30 AM UTC