414 Elm Ave, Eaton, CO 80615

Property Description

Welcome to a rare opportunity in the highly sought-after OG Old Town Eaton downtown! This property is rich with character, charm, and the small-town warmth that makes Eaton such a special place to call home. Enjoy being just steps from downtown shops, dining, parks, schools, and year-round community events.The beautifully updated main residence offers 1,479 square feet with 4 bedrooms and 2 bathrooms. Thoughtful renovations blend modern comfort with timeless appeal, including craftsman-style built-ins and exceptional storage throughout. The flexible layout easily accommodates growing families, home offices, or guest space.Outside, you'll find generous yard space perfect for entertaining, gardening, or relaxing on Colorado evenings. A detached 2-car garage and multiple additional storage buildings provide ample room.Adding significant value is the fully remodeled 1-bedroom ADU at the rear of the property with convenient alley access, creating excellent privacy and separation from the main home. Even better, the ADU has its own separate electrical and gas meters, making it ideal for independent living and simple utility management for tenants. This setup enhances its strong income potential (estimated at $1,000+ per month) and makes the property perfect for multi-generational living, a private guest retreat, or an owner-occupant looking to offset their mortgage. Estimated gross rental potential for both units combined is approximately $3,500 per month.Opportunities like this - with charm, walkability, income potential, and separately metered utilities - rarely come available in downtown Eaton.Buyer to verify measurements and rental projections. Seller is a licensed Colorado real estate agent.