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I have to ask, is that a normal basement for the area? It looks like its been underwater then full of mold for decades?
If I'm not mistaken that is an old fashioned dirt basement, dirt floors, dirt, stone or bricked walls. I saw a lot of them in listed homes in east TN when I was house hunting years ago, I assume it was a common practice in early days to just dig the basement and leave it 'natural' .
Here's the catch: "*This PROPERTY IS PART OF THE DENVER AFFORDABLE HOUSING PROGRAM** LENDER PRE-APPROVAL LETTER IS MANDATORY WITH ALL OFFERS. OFFERS CANNOT EXCEED LIST PRICE OF: ($258,976). BUYERS income MUST fall between 50-80% of Annual Median Income (AMI). Household size: 1-person income must be: $31,500-->$50,350; 2-persons: $36,000-->$57,550; 3-persons: $40,500-->$64,750; 4-persons: $44,950-->$71,900; 5-persons: $48,550--"
Yep, that's my neighborhood and I was going to say that for $250K, you aren't buying anything, unless you are eligible for income qualified properties.
There are a few at that price but not many, some of the older smaller houses are less but the majority are in the $350k and up range, mostly in the newer subdivisions, saw some over 500k.
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