Welcome to Penrose, Colorado: Explore Fixer-Upper and Distressed Real Estate Opportunities
81240
$564,900
175 E St Penrose, CO 81240
3 Beds, 3 Baths, 3257 SqFt
* Income Potential
Discover modern country living in this stunning custom-built 2-story home, completed in 2019....
Offered by Tim Ritter
Penrose, located in Fremont County, Colorado, offers a unique blend of natural beauty and investment potential in the real estate market. With a population of approximately 3,582 residents, this quaint town presents a range of opportunities for investors looking into foreclosure and distressed property acquisitions. The local real estate market in Penrose has seen an increase in foreclosure and distressed properties in recent years, providing potential buyers with a variety of options for investment.
$350,000
106 Grant St Penrose, CO 81240
3 Beds, 2 Baths, 1740 SqFt
* Short Sale
If you've been searching for a home that feels welcoming the moment you walk in, this beautifully...
Offered by Brandon Blickenstaff
Despite the challenges posed by the foreclosure and distressed real estate market, Penrose boasts several positive attributes that make it an attractive location for investment. The town's strategic location near the larger cities of Colorado Springs and Pueblo offers residents a peaceful rural lifestyle while remaining close to urban amenities. Additionally, Penrose is surrounded by stunning natural landscapes, including the iconic Royal Gorge Bridge and Park, making it a desirable destination for outdoor enthusiasts. Investors looking to capitalize on the potential of the foreclosure and distressed real estate market in Penrose can benefit from the town's charm, natural beauty, and growing appeal to both residents and tourists.
$30,000
683 County Road 132 Penrose, CO 81240
0 Beds, 0 Baths, 0 SqFt
* Investment
Dont miss this opportunity to own an affordable piece of Colorado countryside in the beautiful and...
Offered by Adrienne Herzog
Whether you’re looking to buy low and flip high, find your next buy-and-hold investment or looking to generate steady rental income, this area may have the right mix of affordability, property condition, and upside potential. This is where Penrose character meets investor opportunity. We are here to help you find those opportunities.
$100,000
15900 State Highway 115 Penrose, CO 81240
0 Beds, 0 Baths, 0 SqFt
* Vacant
Vacant land located just a few feet off of State Highway 115. Water tap is present according to...