- 3 Beds
- 2 Full, 1 Half
- 1,749 +/- Sqft
Looking for a rental investment property? Look no further than this 3-bedroom townhome in the heart of Homestead in Edwards, CO. The current owner has used the property as a rental for the past 18 years with only four months of vacancy! The HOA is very well maintained and there are no short-term rental restrictions. Similar units that have not been updated are currently renting for $2,900+/month! The property needs some TLC but if you are willing to put in some sweat equity, this unit could be a slam dunk.
The townhome enjoys an ideal floorplan with two large bedrooms on the upper level featuring vaulted ceilings and en-suite baths. The main level is open and airy with the kitchen, living, and dining room, plus a large closet and powder room for your guests. The spacious lower level is where you can gain the most equity, as there is a full bathroom already framed out and plumbed, waiting for a new owner to put their stamp on it. There is a large storage area plus the third bedroom with a walk-in closet.
Ideally located just steps from hiking trails, neighborhood parks and the recently renovated Homestead Court Club, this is the perfect spot for both long and short-term tenants. This is currently the lowest priced per square foot 3-bedroom townhome or condominium in all of Homestead, Edwards, Avon and Eagle Vail at just $268/SQ.FT.
Only minutes west from Vail and Beaver Creek, one of the fastest growing towns in the Vail Valley, Edwards offers convenience and a warmer climate, as it sits on a lower elevation. At the Victorian themed village of the Riverwalk you’ll find shops, a market, condominiums, restaurants, and a movie theater. Across the street perched on the hill lies the family oriented community of Homestead, with miles of trails and open space as well as a court club featuring indoor and outdoor tennis and racquet courts, pool, and fitness center, all sitting above the Lake Creek Valley beside the commercial core. Public spaces include the Eagle River Preserve, 72 acres dedicated to hiking, biking, fishing, and wildlife viewing, as well as Freedom park with sports fields, playground, and recreation center. Quality healthcare can be found at the Edwards Medical Center and Shaw Regional Cancer Center on the north side of town.