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$250,000

Listing Price

1beds

1baths

1,150sqft

14,000sqft lot

406 Broadway, Penrose, CO 81240

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

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For Sale

Off Market

Single Family

Home type

53.81

Price / sqft

1945

Year built

Home Details

Debra Harmon, 20 Sleeps West Real Estate, C: 970-901-8997, debi@20sleepswest.com, www.20sleepswest.com: FOUR lots in the Business District of Penrose, Colorado approximately 12 miles east of Canon City, includes (2) Power hookups, (2) Natural gas hook ups, (2) Sewer taps, (2) Water taps. One of the water taps is a ¾ " line and is considered a domestic tap. One of the water taps is a 1 ½" line that connects to the 1,150 s/f building. Both taps come off a 4" main line across the street. There's a huge income potential by upgrading the existing laundromat facility/carwash. The carwash is dormant right now pending the replacement of an upgraded coin mechanism that will accept credit card transactions. The existing laundromat allows for more capacity and increased revenue by upgrading the machines and dryers. There is an apartment in the back of the laundromat that can be used as rental income and includes a backyard and air conditioning. Located next to the VFW and close proximity to the Penrose Park & Recreation District, School, Post Office, Grocery Store, and Restaurants, this is a perfect opportunity to improve upon an existing business or start a NEW one of your own! Listing agent is related to the Seller.

Interior Details

Square Feet
  • 1150

Bedrooms
  • 1

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Gas

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Evaporative

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Tile (unspecified)

Fireplace
  • Has Fireplace:

    No

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 14000

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Wood Shingle

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$1,045

$0

$0

--%

$17,070

2018

$1,046

$0

$0

--%

$17,132

2017

$1,065

$0

$0

--%

$1,171

2016

$1,008

$0

$0

--%

$16,470

2015

$995

$0

$0

--%

$16,470

2013

$1,003

$0

$0

--%

$16,590

2012

$1,122

$4,401

$14,171

--%

$18,572

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Average Home Price in 81240

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$447,549

2 Beds

2 Baths

1,219 Sqft

21,153 Lot (sqft)

Sold 04/10/2024

$261,014

2 Beds

1 Baths

1,128 Sqft

7,700 Lot (sqft)

Sold 01/12/2024

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Household Income
70,000
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Home price
250,000
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Down payment
50,000
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Mortgage Rate
6.5
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Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,500
$
HOA (Monthly)
0
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PMI
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$1,618
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Total Monthly Payment:$1,618
Percent of Income:28%
Affordable:Yes
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Details for 406 BROADWAY

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Property Debt

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Foreclosure Contact Details

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Current Owner

Transaction History