💰 BIG SPREAD 🔥 Flip in Denver🏠VACANT🎉

Denver County, Denver, CO, 80216
Sold
Listed at: June 4th, 2022
Price
$238,000
ARV
$385,000
Gross Margin
$147,000
Sq. Footage
1104
Type
Single-Family
Parking
Driveway
Year build
1928
Lot size
5850.00 sqft
Bedrooms
1
Bathrooms
1
Half Bathrooms
0
Summary

💸off market denver sfh💸




👀looking for your next denver flip?👀

🎉here it is🎉



❇️1 bed / 1 bath with 2nd NON-CONFORMING bedroom in basement

❇️552 sq ft upstairs, 552 sq ft in partially finished basement (needs finishing touches)

❇️Brick SFH

❇️Ideal location, close to Central Park, the Denver Zoo, and the River North Art Dist.

❇️Good School District

❇️Less than half a mile from Bruce Randolph School (6th - 12th grades)

❇️The house was renovated in 2016, including update to furnace, electric, and plumbing

❇️Will need interior paint, new floors, update to kitchen, and some updates to bathroom

❇️Roof replaced in 2011 - needs repairs

❇️HWH replaced in 2014

❇️VACANT


The Numbers:

ARV: $385k

Asking Price: $238k

Spread: $147k




👀 SOLD, UNDER CONTRACT, and active comparables:

4301 Fillmore St, Denver, CO 80216 | MLS# 4332540 | Redfin: 1 bed, 1 bath - Sold at $385k mid-July

3750 N Cook St, Denver, CO 80205 | MLS# 7351701 | Redfin: 2 bed, 1 bath sold in September for $480k, 700 sq ft - fully renovated

3758 N Williams St, Denver, CO 80205 | MLS# 4604692 | Redfin: Sold in September for $430k - 2 bed, 1 bath, 832 sq ft - clean, but not high end reno

3615 N Saint Paul St, Denver, CO 80205 | MLS# 4522927 | Redfin: Sold as is in October for $295k - 2 beds, 1 bath - 699 sq ft

3335 N Columbine St, Denver, CO 80205 | MLS# 8224744 | Redfin: Currently on market: 1 bed, 1 bath brick house listed as is/potential tear down for $325k



This house will go FAST! Don't miss an opportunity to snag an awesome flip in the super-hot Denver market!!!


☑️ EXIT STRATEGY

💰 RENTAL - This property will make a perfect long term rental addition to your portfolio after medium rehab

💰 FLIP - Fix & Cash In on this deal with a moderate rehab with nicer finishes. Look at the average sales around this one with finished product! This is a hot, hot market with low, low inventory

💰 AirBnB - Always an option with a cute home like this... The AirBnB average nightly rate is off the charts in Denver! 



This is a cash-quick close deal. Thank you for submitting your best and highest offer.



**Buyers do their own due diligence


*Seller of this property either owns or has equitable contractual interest in the properties marketed


*Seller has exclusively relied upon the information listed within the MLS, County Assessor's office, and Property Tax office to determine all measurements including lot size, square footage, number of bathrooms, number of bedrooms, number of total rooms, zoning, permitted and prohibited uses, construction materials, parking, year of construction, and all other pertinent data relating to the physical improvements and land area of the subject property. Buyer acknowledges and accepts that seller makes no representations and warranties of any kind, whatsoever, as to the actual conditions that may exist within or around the property, and buyer acknowledges that it has conducted its own investigation of these facts, and is purchasing the subject property based upon its own conclusions. Buyer expressly acknowledges that it is purchasing the property in "as is, where is' ' condition.





 

CALL OR SEND A  TEXT TO misty FOR MORE INFO ON THIS KILLER DEAL! (719) 259-2181 ✳️ 


**Buyers do their own due diligence *Seller of this property either owns or has equitable contractual interest in the properties marketed *Seller has exclusively relied upon the information listed within the MLS, County Assessor's office, and Property Tax office to determine all measurements including lot size, square footage, number of bathrooms, number of bedrooms, number of total rooms, zoning, permitted and prohibited uses, construction materials, parking, year of construction, and all other pertinent data relating to the physical improvements and land area of the subject property. Buyer acknowledges and accepts that seller makes no representations and warranties of any kind, whatsoever, as to the actual conditions that may exist within or around the property, and buyer acknowledges that it has conducted its own investigation of these facts, and is purchasing the subject property based upon its own conclusions. Buyer expressly acknowledges that it is purchasing the property in "as is, where is' ' condition.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Misty Arellano

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