Monument, CO 80132,244 Washington ST
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Monument, CO 80132,244 Washington ST
Monument, CO 80132,244 Washington ST
Monument, CO 80132,244 Washington ST
Monument, CO 80132,244 Washington ST
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$ 636,500
Est. payment /mo
New

244 Washington ST Monument, CO 80132

7,692 Sqft Lot


UPDATED:

Key Details

Property Type Single Family Home

Sub Type House W/Cottage

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6430633

Construction Status Existing

HOA Y/N No

Year Built 1915

Annual Tax Amount $9,727

Tax Year 2024

Lot Size 7,692 Sqft

Property Sub-Type House W/Cottage

Property Description

Incredible income-producing opportunity located in the heart of downtown Monument! This rare commercial property features two separate dwellings on one beautifully landscaped lot, offering built-in flexibility and multiple streams of potential income.

The front home is approximately 1,444 sq ft with 3 bedrooms and 1 full bath. Currently configured as private office space for local businesses, each bedroom functions as an individual office. In addition, there's a smaller flex room that could also be leased separately, ideal for a part-time professional or private workspace adding even more income potential. A spacious, sun-filled kitchen with large windows and skylights adds warmth and versatility to the space, making it equally suitable as a short-term rental conversion.

Tucked behind the main home is a updated guest cottage offering approximately 640 sq ft with 1 bedroom, a loft, and a stylish 3/4 bath. French doors lead to a peaceful, private courtyard perfect for relaxing or hosting guests. The cottage is currently operated as a short-term rental and has shown strong demand, even with limited availability. With expanded booking options, the new owner could further maximize its use.

Zoned for commercial use and located just a short walk to Monument Lake, restaurants, shops, farmers markets, and concerts in the park, this property is nestled in one of Monument's most vibrant and walkable districts. Whether you're looking to expand your investment portfolio, launch a business, or live on-site while generating income, this one-of-a-kind property offers endless potential and long-term value.

****** Take a look at the property video to get a real feel for the layout!********

Location

State CO

County El Paso

Area Monument

Interior

Cooling Ceiling Fan(s)

Laundry Electric Hook-up

Exterior

Garage Spaces 8.0

Fence All

Utilities Available Electricity Connected, Natural Gas Connected

Building

Foundation Crawl Space

Water Municipal

Construction Status Existing

Schools

School District Lewis-Palmer-38

Others

Special Listing Condition Lead Base Paint Discl Req, See Show/Agent Remarks

Virtual Tour https://youtu.be/UWpegmQfqsI

Unit 2

Sqft 640

Beds 1

Baths 1

Rent Price 1248

Occupied N

Furnished N

Unit 1

Sqft 1444

Beds 3

Baths 1

Rent Price 800

Occupied Y

Furnished N


Pikes Peak MLS (PPAR)
Listed by Lee and Associates Real Estate, Inc.
agent

Rebecca Rykhus

Broker Associate

+1(480) 735-9437

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244 Washington ST