Selected for the Terner Labs Housing Venture Lab

517 Locust Street, Windsor, CO 80550

Active
Listed 131 days ago
Owner-Occupant Eligible
$725,000

About $2,945 a month to live here, after the rent from the other home.

House + ADU2,468 sqft5 beds3 bathsListed Jul 4, 2026

A house with a second home on the lot. Live in one and rent out the other. How it works

Live here for about

$2,945a month

The second home on the lot rents for $1,700. We hold back $332 of that for repairs and an empty month, and the rest goes toward a $4,313 monthly payment.

Income to qualify: about $105,000 a year

With how much down?

At 20% down ($145,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $95,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$21,750 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Total SF does include ADU/APT Finished SF as well $1,700 Rental income. Renovated 1904 Farmhouse w/ Income-Producing ADU/Apartment in the Heart of Windsor! Blending timeless historic charm with modern updates, this beautifully renovated farmhouse offers the perfect combination of character, comfort, and versatility. Situated on a spacious lot with no HOA. Home feat. a detached 2-car garage topped by a private 1-bedroom, 1-bath apartment, built in 2023 and is permitted for long-term or short-term rental and can be a secondary stream of income for the owner; multigenerational living, or a guest retreat. The inviting covered front porch welcomes you into a light-filled interior featuring expansive picture windows, and stylish wide-plank LVP flooring throughout the main living areas. The remodeled chef's kitchen is designed to impress w/ quartz countertops, GE slate stainless steel appliances, a gas range, custom tile backsplash, soft-close cabinetry, a center island with seating, and a walk-in pantry. The main level offers 2 sizable bdrms and an updated full bath. Upstairs, the spacious primary suite showcases charming dormer ceilings, a walk-in closet w/ a barn door, a sitting or dressing area, and an updated ensuite bath. A large secondary bedroom features a Juliet balcony overlooking the park-like backyard. The rare full-height basement provides endless possibilities for future expansion, including a home office, theater, game room, playroom, or non-conforming fifth bedroom. Enjoy the outdoor patio and expansive backyard. In addition to the detached garage, the driveway can easily park an additional 2-3 cars, plus off street parking, so TONS of parking available! Located just 1.5 blocks from Main Park and only three blocks from downtown Windsor's shops, restaurants, and community events, this one-of-a-kind property offers historic appeal, modern living, and exceptional income potential. This property is in a very desirable location in the heart of downtown Windsor.

House + ADU

Property Type

8,750 sqft

Lot Size

1904

Year Built

Listing Date: 07/04/2026

Listed by: Corrine Lopez

Listing office: Colorado Flat Fee Realty Inc

Contact: 720-668-6633

Source: REcolorado #6550382

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$725,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$725,000
Your Down Payment$145,000
Financed$580,000
Estimated Monthly Payment$4,313

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($145,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$4,313/month
Principal + Interest
$3,477
Property Taxes
$375
Home Insurance
$461
Rental Income (1 Unit)
$1,700/month

From the listing description.

Rental Expenses
-$332
Cost to live here
$2,945/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

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MLS# 6550382 · Listing office: Colorado Flat Fee Realty Inc

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