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$399,000
5 Beds ⋅ 3 Baths ⋅ 2,823 SqFt. ⋅ ACTIVE Status
RARE 2900+ sf rancher with finished basement/5 bedrooms in popular, central location near UCCS. Covered porch in front, open floorplan and wood beams in front areas for architectural interest in this roomy property. Spacious primary bedroom with attached 3/4 bath. Huge laundry room off the 2-car garage with tons of shelves for pantry goods. Ceramic tile in the kitchen (cute, built-in glass cutting board), hardwood in the dining room (walk-out to back yard) and carpet in the living room (brick wood-burning fireplace). Basement provides an expansive family room with a dry bar and an included refrigerator. Nice sized basement bedrooms - one with tons of built-in bookshelves would make a great office or work room. Additionally, there's a space off the family room (12' x 11') with it's own window that could also be a good office or with a little framing, a 6th bedroom! Lots of storage and 2nd washer/dryer hookup in the unfinished utility room. Backyard sports a large wooden deck that makes the most of the very private space that offers lovely shade thanks to the retractable awning. Alley behind. This home offers lots of possibilities!

3807 Somerset Dr, Colorado Springs

Courtesy of Red Bow Realty. lizbowen1@gmail.com

$385,000
5 Beds ⋅ 3 Baths ⋅ 2,173 SqFt. ⋅ ACTIVE Status
Investor Opportunity Near UCCS. Great value for cash or conventional buyers seeking a renovation project with strong upside potential. Ideal for a fix-and-flip, long-term rental, student housing, or an owner-occupant willing to invest some sweat equity. Spacious ranch-style 5-bedroom home with an additional dedicated office. Hardwood floors add character, while a second kitchenette in the basement provides added flexibility for tenants or extended living arrangements. Outside, you'll find a storage shed, convenient alley access, and potential to enhance the property. The home needs updates, including carpet replacement, siding repair, garage doors, interior door replacement, and cosmetic improvements. While the price reflects the property's condition, investors have an opportunity to build equity through renovations while capitalizing on strong rental demand in the UCCS area. Whether you're looking to expand your rental portfolio, renovate and hold, or explore future appreciation, this property offers the location, size, and upside that savvy investors seek. Cash or conventional financing. Property is being sold as-is. Closing is subject to Bankruptcy Court approval.

1443 Acacia Dr, Colorado Springs

Courtesy of REMAX PROPERTIES. 719-548-8600


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