3550 E 160th Avenue, Thornton, CO, 80602

Beautiful 15+/- acre property <30 min from Denver w/unique LAND BANK PLAY whether or not you live there!
Property has two homes on it, as well as many other outbuildings offering a GENEROUS income stream to someone either deciding to keep as a LAND BANK investment for possible redevelopment (look all around the development!), or live there and have passive income to off-set your mortgage by 50%+:

$9,050*/month as LAND BANK (w/just $7,300/month pmt @ 6.125% investor interest rate & 20% down):
$3,700* main house
$1,750* – 2nd house
$2,000 shop
$1,500* other half shop
$100/month for tool truck parking
$9,050*/month rent

LIVING THERE:
$3850*/month (or $5,350*/month if you rent out Owner Workshop) in rents!:
$1,750* – 2nd house
$2,000 shop
$100/mo for tool truck parking

* = projected

Main home – has 1,950 sqft*3 beds*2 baths*OVERsized 2 car garage*great sprinkled yard*turnaround drive*HUGE kitchen*eat-in space, fireplace/pellet stove! Amazing woodwork inside entry!
2nd home is a one bedroom and one bath that is being rented @ $1,450 but WAY under market rents.
Property is FULLY fenced & has 1 well 700'+ deep, and 1 cistern (see below).

Features:
Windows – leaded windows/bay windows
Double padded carpet throughout home
Big kitchen
Uniqueness of home – not a cookie cutter – custom design.
Shopping close by, yet in rural setting. Grocery, medical, hospitals and fire departments close.
Sprinkler system.
Big Dry Creek!
2 wells – one = deep water well for home use – 700+ feet of pipe & 1 Cistern for yard irrigation.
Both wells are grandfathered in, so no permitting or taxing on it!
Also – the shop we have available w/220V for wood working, etc. and can drive big trucks in it as needed.

Carriage home:
834 sqft
HUGE 1 bedroom (used to be 2 bed could go back to 2 bedroom)
Fireplace
Washer/Dryer/Stove/Refrigerator/Dishwasher/Microwave
Pergo floors
Title in bath & laundry
Separate Laundry Room
New HUGE Bathroom