125 E Third St, Cheyenne Wells, CO 80810

Property Description

Investor special with value-add potential! This spacious home offers a layout that could lend itself to a variety of renovation strategies. The main level features high ceilings, exposed brick accents, laminate flooring, three bedrooms, a three-quarter bath, and an open living, dining, and kitchen area. Many of the upper-level windows have been updated to vinyl, and the upper kitchen cabinetry appears newer, providing a starting point for your renovation plans. The basement includes a large family room, kitchenette with dining area, full bathroom, laundry area, and two bedrooms plus an additional non-conforming bedroom. With its separate side entrance, the lower level may offer potential for a separate living area, guest quarters, or rental income opportunity. The property does need rehabilitation and is suited for investors, contractors, or buyers seeking a major renovation project. Missing kitchen components, worn flooring, deferred maintenance, and overall condition will require investment and updating. Located on the edge of town with a manageable yard and convenient access to local amenities, this property presents an opportunity to restore and reposition a home with considerable square footage and flexible living arrangements.