Listing photo

Investment Opportunity · Hard Money Financing

149 Everett DrColorado Springs, Colorado

Colorado Springs, CO 80911 · MLS 2044771

List price

$249,900

2 bd / 1 ba

Bedrooms / baths

1,072 sq ft

Living area

1956

Year built

6,000 sq ft

Lot

"It does need some TLC in several areas, but is well worth it!"

Listed by Jeff Gaddis CNE Progressive Property Group LLC (719) 439-7647

149 Everett Dr is a 2-bedroom, 1-bath home in Colorado Springs, Colorado listed at $249,900 with 1,072 square feet, built in 1956. The seller is asking for cash or hard money, so it is priced here on our fix and flip loan: an investor with 1 to 2 completed projects and a 740 score puts 10% down ($24,990), we fund the $48,240 renovation estimate in draws, and the loan closes in 2 weeks. The down payment steps with experience, credit and the size of the renovation. See every hard money opportunity in Colorado or our Colorado hard money lending page.

From the listing. This property is visually impressive and in overall good condition but needs some TLC. The home features hardwood flooring throughout the main level and is technically a 2-bedroom but could easily accommodate a 3rd bedroom using the finished converted garage space. The living room showcases a large picture window overlooking a notable neighborhood tree and a distinctive kiva-style wood-burning fireplace. The primary bedroom includes hardwood floors and a slider walkout to a wooden deck. A formal dining area adjoins the kitchen, while the backyard offers a covered rear patio with perennial shrubs and privacy fencing. The front landscaping is well-maintained with manual sprinkler system. The property represents "a huge opportunity in a fantastic mature neighborhood" requiring manageable updates.