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Description
Just a short walk to Garfield Lake Park, and still close to dozens of restaurants, this is an unbelievable opportunity to own a single family home (on a large lot) in one of Denvers great neighborhoods for $300K. The layout is perfect for an investor to remodel everything and fetch top dollar for a large house, or a house-hacker to close the wall at the stairs and make a perfect downstairs rental unit with separate entrance. Real natural hardwood floors lead throughout a home that is bathed in natural sunlight from large windows and has 4 bedrooms and 2 baths. The living/kitchen and basement living room all have south facing windows for amazing natural light throughout the day. The basement also features a fully functional kitchen along with 2 bedrooms and a bath making the perfect mother-in-law or potentially an up/down duplex to maximize cash flow. The property has a large detached 2-car garage with a separate entrance to a workshop attached to the garage and a huge mudroom/pantry/laundry room going from the back yard to the main house. An investor or homeowner could do some remodeling and have an after remodel value near $600,000 or slightly above leaving a massive profit margin potential with the current list price. The home is located close to downtown with easy access to the mountains either via 6th Ave or Hwy 285 and a short drive to Sloans Lake and Belmar for nearby entertainment options. We have priced it knowing that the new owners will want to do some remodeling, so the home is being sold as-is. Buyers can feel free to have an inspection, but the seller wont be providing any concessions or making any repairs during the inspection [Use CALL or EMAIL to get in touch] submitting an offer, the buyer is acknowledging that they are waiving inspection rights. The seller also needs a lease back of a minimum of 30 days and preferably 60 days.
(RLNE7870318)
Just a short walk to Garfield Lake Park, and still close to dozens of restaurants, this is an unbelievable opportunity to own a single family home (on a large lot) in one of Denvers great neighborhoods for $300K. The layout is perfect for an investor to remodel everything and fetch top dollar for a large house, or a house-hacker to close the wall at the stairs and make a perfect downstairs rental unit with separate entrance. Real natural hardwood floors lead throughout a home that is bathed in natural sunlight from large windows and has 4 bedrooms and 2 baths. The living/kitchen and basement living room all have south facing windows for amazing natural light throughout the day. The basement also features a fully functional kitchen along with 2 bedrooms and a bath making the perfect mother-in-law or potentially an up/down duplex to maximize cash flow. The property has a large detached 2-car garage with a separate entrance to a workshop attached to the garage and a huge mudroom/pantry/laundry room going from the back yard to the main house. An investor or homeowner could do some remodeling and have an after remodel value near $600,000 or slightly above leaving a massive profit margin potential with the current list price. The home is located close to downtown with easy access to the mountains either via 6th Ave or Hwy 285 and a short drive to Sloans Lake and Belmar for nearby entertainment options. We have priced it knowing that the new owners will want to do some remodeling, so the home is being sold as-is. Buyers can feel free to have an inspection, but the seller wont be providing any concessions or making any repairs during the inspection [Use CALL or EMAIL to get in touch] submitting an offer, the buyer is acknowledging that they are waiving inspection rights. The seller also needs a lease back of a minimum of 30 days and preferably 60 days.
(RLNE7870318)
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