Spread $580,000 /Estimated Profit $275,000

2005 Nelson St Lakewood, CO 80215

  • Characteristics

    Beds: 5
    Baths: 4.5
    SqFt: 3,736 (2,092 above, 1677 below)
    Lot Size: 15,333, .35Acre Lot
    Year Built: 1954
    Garage: Attached, 484 Sqft
    Fireplaces: 3 (2 above, 1 below)
    APN: 39-331-20-006
    County: Jefferson

  • Condition

    Great Flip!

    $0 seller financing to right JV/GC partner on the flip. Seller/investor has too many other projects going on. Seller provides the house, JV/GC provides repairs, profit split.

    Large house on a massive corner lot with two main entrances. This house is larger than most other homes in the neighborhood.

    Main floor is 2,092 sqft and has two large living-rooms, two fireplaces, dining room, very large kitchen, primary suite, 2 additional bedrooms and a full bath, laundry room and 1/2 bath near living space.

    Basement has lots of living space, two additional bedrooms and two bathrooms.

    House needs a complete renovation estimated at $190,000 which includes $35,000 in structural repairs, re-working the kitchen and primary suite.

  • Numbers & Dates

    Numbers
    HOA: No
    Taxes: $5,013 (2023)
    Repairs: $190,000
    ARV: $1,175,000
    Asking: $595,000

    Dates
    Investor Inspection: Thursday 9/26 at 1:00 RSVP
    Closing: 10/15/24
    Possession: 10/15/24

    Contact
    Amy McCraken
    AMcCraken@JoeHomeBuyer.com
    303-478-7895

    *HOA, Taxes, LTR, STR, Repairs, ARV and any other figures are estimates. BTVA.

*DISCLOSURE*
JOE HOMEBUYER IS EXPLORING ALL OPTIONS WITH THIS AGREEMENT. AS PART OF OUR DUE DILIGENCE WE ARE CONSIDERING SELLING OUR ASSIGNABLE CONTRACT FOR THIS PROPERTY. WE MAY NOT OWN THIS HOME - WE ARE NOT REAL ESTATE AGENTS. WE DO NOT REPRESENT THE SELLER. THE INFORMATION IS PROVIDED AS A COURTESY AND NOT MEANT FOR THE PURPOSES OF MARKETING THIS HOME.