501 W Cedar St, Walsenburg, CO 81089

Investment Opportunity — Priced at Payoff, Sold As-Is This property is being sold strictly at the seller's remaining loan payoff — this is not a market-value listing, and there is no profit margin built into the price. That means a rare opportunity for the right buyer. A few important things to know upfront: Occupied by non-paying tenants. The current tenants have stopped paying rent, and the seller is in the process of formal eviction. Buyer should factor holding/eviction time and costs into their plan. Cash buyers and investors experienced with tenant situations are best suited for this deal. Condition has changed since past photos. The photos on this listing reflect a renovation completed roughly two years ago. The home has since seen significant wear and tear from tenancy and is being sold strictly as-is. Buyers should expect to invest in repairs and updates — this is a fixer-upper opportunity, not a turnkey home. Priced for a quick, no-frills sale. Because the seller only wants to cover what's owed, this is priced well under typical renovated comps in the area — but the tradeoff is the condition and tenant situation described above. Ideal for an investor, contractor, or buyer comfortable handling occupied/eviction properties and taking on rehab work. Cash or hard money financing preferred given the property's current condition. Sold strictly as-is, where-is — no repairs will be made by seller. Serious inquiries only. Please reach out for more details on the eviction timeline and access for showings.