Home / James H / $180k+ Spread i...

$180k+ Spread in Colorado Springs! Big Flip!!

$370,000 • 3 Beds / 2 Baths • 2,200 SqFt

Pending

Offer Submission Deadline

House Type Single Family House
Bedrooms 3
Bathrooms 2
Approx.SqFt. 2200
Garage Attached Garage

Description

**SEND INQUIRY FOR ADDRESS AND WALKTHROUGH TIMING**

Huge spread on this house in CO Springs. 80906, just south of the Broadmoor. Needs a lot of work, is in a great neighborhood and has natural curb appeal! Great winter project and will sell quickly in Spring

The Details

Basic info (bd/ba/sqft): 3/2, 2200sqft
Basement status: Finished. Can add additional bedroom in the basement
Cosmetics: Old/bad -- Need complete update
Structural: WH is ok. Roof needs to be replaced (T-lock). Panel needs to be replaced (Fed Pacific). Patio and concrete settling around the house. Furnace is older.
HOA: None
Parking: 1 car attached
Occupancy: delivered vacant

The Comps

ARV Estimate $520,000
Best Comps
$545k -- 411 Ridgewood Ave, Colorado Springs, CO 80906
$530k -- 624 W Cheyenne Rd, Colorado Springs, CO 80905
$540k -- 1644 Apache Trl, Colorado Springs, CO 80905

The Deal

Asking $360,000. Buy it now $370,000.
Accepting offers through Wednesday 12/18. Best offer will be selected if Buy it Now is not offered
Earnest money $10,000 holds the deal (submitted to First American Title non-refundable)
Closing 12/31/2024 or sooner