$500,000
Property | , Denver, CO 80223
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Why Buy?
ARV
$675,000
Estimated Potential Profit
$275,000
Rehab
$50,000
The Numbers
Asking Price
$500,000
ARV
$675,000
EMD
$0
ARV Comps
186 W Archer Pl, Denver, CO 80223
2 Beds
1 Baths
1,081 sq ft
Built 1929 Sale Price
$607,000
Date Sold
July 14th 2023
Distance
0.1 miles
413 W 1st Ave, Denver, CO 80223
2 Beds2 Baths1,178 sq ftBuilt 1900 Sale Price
$618,000
Date Sold
August 29th 2023
Distance
0.2 miles
46 S Grant Street, Denver, CO 80209
2 Beds1 Baths1,312 sq ftBuilt 1900 Sale Price
$760,000
Date Sold
March 15th 2024
Distance
0.3 miles
A 2/1 In the Denver area with very favorable comps. Highly overlooked due to a current lien situation with the City of Denver that was negotiated down from around $890K (more than the house could be worth) to $100k with a letter to prove (Seller will cover personally). The additional $100k does not have to be paid at close due to creative purchasing, so if you are planning to buy and hold save some more!
Map
Subject Property
Comps
Deal summary
Fix & Flip SFH in Denver, CO 80223 – $500,000
2 bed · 1 bath · 1069 sqft · built 1890 · Denver County
A 2/1 In the Denver area with very favorable comps. Highly overlooked due to a current lien situation with the City of Denver that was negotiated down from around $890K (more than the house could be worth) to $100k with a letter to prove (Seller will cover personally). The additional $100k does not have to be paid at close due to creative purchasing, so if you are planning to buy and hold save some more!
ARV $675,000 · est. rehab $50,000