244 Washington Street, Monument, CO 80132
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
244 Washington Street,Monument, CO 80132
$636,500
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:stephanie lee mrp
Office:lee and associates real estate, inc.
MLS#:6430633
Source:CO_PPAR
Price summary
- Price:$636,500
About this home
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!********
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Home facts
- Year built:1915
- Listing ID #:6430633
- Added:104 day(s) ago
- Updated:July 17, 2025 at 06:35 PM
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Baseboard, Forced Air
Structure and exterior
- Year built:1915
- Lot area:0.18 Acres
Utilities
- Water:Municipal
Finances and disclosures
- Price:$636,500
- Tax amount:$9,727 (2024)
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