313 W Monument St, Colorado Springs, CO 80905

Property Description

This one-bedroom, one-bathroom home on the west side of I-25 in Colorado Springs is being sold on behalf of a trustee. This house is well-suited for an investor or a flipper. THE HOUSE NEEDS SIGNIFICANT REPAIR TO BE INHABITABLE. We will provide a copy of a home inspection report for informational purposes. The buyer is expected to perform their own due diligence prior to bidding. This single-floor ranch home is 654 ft.², sitting on a fenced 4780 square-foot lot. There are two small outbuildings in the backyard, both in need of maintenance and repair. The home is located near downtown, shopping, entertainment, and services. District 11 (D-11) schools are nearby -- Bristol Elementary K-5 (walking distance), Holmes Middle School, grades 6-8, and Coronado High School, grades 9-12. Located on Colorado Springs' historic Westside, 313 W. Monument sits in a walkable, character-rich pocket between downtown and Old Colorado City. Buyers are steps from the I-25 pedestrian bridge that connects directly into Monument Valley Park, with its trails, tennis, and pickleball courts, and a short distance from downtown Colorado Springs, Colorado College, and the shops, galleries, and restaurants of nearby Old Colorado City along West Colorado Avenue. In Colorado Springs School District 11, with quick I-25 and US-24 connections and roughly an 18-minute drive to the Colorado Springs Airport. Investor opportunity: Many homes nearby have been renovated, indicating a good potential market for a flipper property or a homeowner looking for equity. Note: This is an AUCTION & terms and conditions apply. The property is being sold subject to a reserve (minimum). The published price is the opening bid ONLY, and is not the sale price nor is it the reserve. Buyers must meet certain conditions to be permitted to bid. Contact the Broker's office for details.