Available NOW - call Nancy Stacy 719-337-6599 | $225,000, 4 bedrooms, 2 baths, 1944 sqrft | This stylish, centrally located Colorado Springs cottage was built in 1895. Additional living area was added in 1987. A total restoration includes two new bathrooms with custom tile work and Galileo Gold granite, new kitchen with Galileo Gold & Sapphire Brown granite, glass tile, stainless steel appliances, master bedroom with walk-in closet, office, private sitting/tv room, new furnace and water heater, all new doors and new energy efficient vinyl windows with 65 year warranty, restored original hardwood floors, new carpet.
After Renovation
Newly Renovated Cottage: 805 Bonfoy Ave, Colorado Springs, CO 80909
House Finders Program - Welcome to our live Scope Of Work, hands-on training opportunity!
A major component of this program is being able to fill out a "scope of work" on a property in order to learn more about what a real estate investor does. Estimating the exact repairs and clean up on a property is crucial for maximum ROI for an investor.
Date: Saturday, December 8th
Time: 1:00-2:00PM
Location: 2204 E. Willamette Ave., 80909 (Knob Hill area)
Bring a flash light if you feel you need one (electricity is currently off)
No open toe shoes
Must sign Waiver of Liability
Be prepared, this house is really dirty and ugly, just how we like them! 🙂 (but not a health hazzard)
Call if you have any questions - Charles 719-360-3400
Great property under contract in the central part of town that we are looking to wholesale. It makes a good rehab but will make a great buy and hold.
All the information follows:
Call 719-629-7355
2204 E. Willamette Ave. (Under Contract)
Acquisition Cost (includes wholesale fee) $67,000
Repair Costs $25,000 - $40,000
After Repair Value $135,000 - $155,000
Gross Profit $35,000 - $48,000
Comps
1117 Iowa Ave. Under Contract for $157,000, 2 Bedrooms / 1 Bath + a Studio with a Bath - 1241 sq. ft. - 2 Car Carport
218 Iowa Ave. Active for $160,000, 2 Bedrooms / 2 Baths - 1237 sq. ft. - 4 Car Garage
510 Swope Ave. Sold for $129,500, 2 Bedroom / 2 Bath - 1129 sq. ft. - 1 Car Garage
Property Notes
This single family rancher has a cottage feel to it with a lot of potential on a nice big corner lot. It is currently a 1271 sq. ft. 3 bedroom / 1 and 1/2 bath single family rancher. There is plenty of room to add a full bath. The house has a new roof, newer water heater and furnace. The house also has a wood burning fireplace with vents that will heat up the entire house.
Rehab Notes
The rehab costs really depend on how much work you want to put into the property. You will definitely have to repaint the interior and exterior. New carpet and appliances are needed, as well as some landscaping.
House Finders Program - Welcome to our live Scope Of Work, hands-on training opportunity!
A major component of this program is being able to fill out a "scope of work" on a property in order to learn more about what a real estate investor does. Estimating the exact repairs and clean up on a property is crucial for maximum ROI for an investor.
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