4925 Townsend Drive, Colorado Springs, CO 80922
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4925 Townsend Drive,Colorado Springs, CO 80922
$450,000
- 6 Beds
- 4 Baths
- - sq. ft.
- Single family
- Sold
Listed by: adam wileyadam@shepherdps.com,303-909-7725
Office: keller williams dtc
MLS#:8498257
Source:ML
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Price summary
- Price:$450,000
About this home
Opportunity knocks on this one. Priced at $407,500, this is an unheard of deal for the size, layout, and upside. The home is being sold as is / as-is, and the price reflects the current condition. With some elbow grease, this property can shine. Sitting on a corner lot with a desirable side load garage, you get extra curb appeal, added parking flexibility, and a lot that feels more open than most. Inside you will find two kitchens, giving you options for a multi generational setup, guests, or added rental potential. The main living space is the showstopper with beautiful tall ceilings and an epic fireplace that anchors the room and makes the space feel big, bright, and inviting. The bones are solid, the layout is functional, and it is move in ready while you update over time. This is a true investor special with multiple exit strategies: Fix and flip: comparable homes that are fully updated are selling in the $600K to $700K range. Rental: strong long term hold with size, separation, and the added value of a second kitchen. Sweat equity: perfect for a larger household that wants a big home now and wants to build equity with improvements. If you have been waiting for a value play that actually pencils, this is it. Bring your vision, your contractor, or your weekend projects and turn this into your next win....
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Home facts
- Year built:1988
- Listing ID #:8498257
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:2
- Half bathrooms:1
- Basement:Yes
- Basement Description:Partial
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1988
- Construction Materials:Brick, Frame, Wood Siding
- Levels:2 Story
Schools
- High school:Vista Ridge
- Middle school:Sky View
- Elementary school:Stetson
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$450,000
- Tax amount:$2,102 (2024)
Parking
- Total parking spaces:2
- Garage:Yes
- Garage spaces:2
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