A 1910 Colorado School Remodeled Into a Home Selling For $200k
This could be your chance to buy a one-of-a-kind home in Colorado. This home used to be a school way back in the day. As a matter of fact, over 100 years ago.
The 1910 Loma Schoolhouse is not deemed a historical site, but it has the looks of one according to Realtor. Remodeled from a schoolhouse to an eight-bedroom residence that intended to be a bed and breakfast in the early 2000s could be the home of your dreams or something more.
The Loma Schoolhouse property has a total of 6,554 square feet of living space, eight bedrooms, six bathrooms, and sits on a 1.92-acre plot of land.
1910 School House Turned Into Home in Colorado
For the selling price of $200k, you can obviously see that some work will need to be done to the Loma Schoolhouse. It appears that there are some structural issues with the brick in the rear of the building. Among other items that need updating on the property.
The Loma Schoolhouse is located at 1349 Teller Street in the heart of the town. If you are up for an adventure, you won't be far from bike trails, the Colorado River, and many other attractions in Western Colorado that are easily accessible from Loma.
According to Realtor's monthly payment calculator, a twenty percent down payment of $40,000 would result in an approximate monthly payment of $887. This is based on a thirty-year fixed-rate mortgage with an interest rate of 3.146 percent. The approximate payment includes principal, interest, property tax, and home insurance.
To find out more about the Loma Schoolhouse, check out the listing HERE.