Investor Special Townhome

3 Beds / 3.2 Baths • 1,302 SqFt
Offer Submission Deadline
  • Condo
  • 3
  • 3.2
  • 1975
  • 1302
  • No Garage

Description

For Sale: Spacious 3-Bedroom Townhome in Prime Rockrimmon Location

Address: 392 W Rockrimmon Blvd, Apt D, Colorado Springs, CO 80919

Price: $325,000 (or best offer)

Property Type: Townhome/Condo

Size: ~1302 sq ft

Bedrooms: 3

Bathrooms: 3 (2 full, 1 three-quarter)

HOA: (includes water, trash, exterior maintenance, pool, clubhouse, tennis courts)

Discover an incredible opportunity in the heart of Colorado Springs’ desirable Rockrimmon neighborhood! This structurally sound 3-bedroom, 3-bathroom townhome in the Townhome at Rockrimmon Condominiums offers ~1302 sq ft of spacious living, perfect for families, professionals, or investors. Built in 1975, this well-located unit is ready for your personal touch, combining classic charm with significant value-add potential in a vibrant community with top-tier amenities.

Key Features:

  • Bright & Open Layout: The main level features a generous living and dining area, perfect for entertaining, with large windows and access to a private patio for outdoor enjoyment.
  • Kitchen with Potential: Spacious kitchen with ample cabinetry, ready for updates (needs all new appliances), and opens to a cozy patio for morning coffee or BBQs.
  • Comfortable Bedrooms: Two upper-level bedrooms with access to full bathrooms offer privacy and comfort. The finished basement includes a third bedroom and a three-quarter bath, ideal for guests or a home office.
  • Versatile Basement: A large family room in the basement is perfect for a media room, gym, or play area, with extra storage for organization.
  • Assigned Parking: Includes 1–2 carport spaces for convenience.
  • Ready for Updates: Needs all new appliances, a new hot water heater, and some drywall repairs, but the structure is sound, offering a great opportunity to add value.
  • (ARV ~$340,000–$360,000 post-renovation).

Community & Location Highlights:

  • Prime Rockrimmon Location: Minutes from I-25, shopping, dining, and top-rated Academy School District 20 schools. Close to the U.S. Air Force Academy, hiking trails, and downtown Colorado Springs.
  • Resort-Style Amenities: Enjoy the community clubhouse, pool, sauna, hot tub, and tennis courts, all included in the HOA, plus beautifully maintained green spaces.
  • Outdoor Paradise: Steps from scenic trails and parks, with Pikes Peak views and easy access to outdoor adventures.

Why Buy This Home?

This townhome is a rare find in a competitive 80919 market, offering space, location, and significant upside for buyers or investors. The property is structurally sound but requires new appliances, a hot water heater, and minor drywall repairs to shine.

Schedule a Showing Today!

Don’t miss this gem in one of Colorado Springs’ most sought-after neighborhoods. Contact us to tour this townhome and envision its potential!

Note: Property sold as-is. Buyer to verify all measurements, HOA details, and school information. Estimated repair costs (including appliances, hot water heater, drywall)

Estimated Spread

  • ARV $350,000
  • Price $250,000
  • Spread $100,000

Powered by REsimpli