📌 Address: 3849 Madison St. Denver, CO 80205

Investors/GCs/Developers only. Priced based on land value - great sized lot for this area. House is not currently livable and far beyond a cosmetic rehab, should demo and make a new build, or could incorporate into plans for a new building if desire keeping current structure. The Clayton neighborhood is currently seeing widespread redevelopment. Terrific location close to; RiNo, Nairobi Park, City Park, Denver Zoo and Museum of Nature and Science. Easy access to downtown, Colorado Boulevard and I-70. Zoned “E-SU-DX”. Remodeled/added on homes in the area are selling in the high $500's, low $600's, and new development has potential for $800k+.

Text Mark for access at 214-998-5703.

🔥 Great Off-Market Investment Property

🛠 Fix & Flip or Cash Flow Rental

🏠 Single-Family Residential

🛌 2 beds

🛀 1 bath

✨612 sq ft

🧱 Built: 1886

👨‍👩‍👧 Current Occupancy: Vacant

👩‍👧‍👦 Occupancy at Close: Vacant

💸 ARV:

New Development - $800k+, 

Remodeled/Add-ons high 500ks-low 600ks

Asking Price: $225,000

🔨 Repairs: TBD

Redevelopment examples:

3656 N. Adams Street, Denver, CO 80205

3545 N Cook Street, Denver, CO 80205

3949 N Adams Street, Denver, CO 80205

Investor Level, Lot/Rehab Potential:

3970 N Jackson Street, Denver, CO 80205 - sold for $293K

3635 Bruce Randolph Avenue, Denver, CO 80205 - sold for $290K

Updated

3615 N Saint Paul St - Sold $500k - 2/1 699 sqft

3862 N Madison St - Sold: $499k on 12/08/21 - 3/2 955sqft

3750 N Cook St - Sold - $480k on 10/24/22 - 2/1 700 sqft

Text Mark for access at 214-998-5703.

Accepting offers. Cash or hard money only.

Closing at Title TBD.

$5,000 non-refundable earnest money.

Do all of your due diligence before making an offer on the property.

Buyer pays closing and title costs. 

Agents: please add your fee to net price. 

We do not ensure that possession will be delivered with contents emptied. We try to have contents removed as often as possible but cannot ensure that anything will be removed.

We are marketing our equitable interest in the property based on our ownership or on our contract to purchase.