2421 Fleming Dr Loveland, CO 80538

Spread $190,000 / Est. Profit $83,250

Bi-Level Cosmetic Flip

  • Characteristics

    Beds: 2 (Unfinished Basement w/ Potential For 2 More)
    Baths: 2
    Sqft: 2,438 (Tax Records)
    Lot Size: 9,372 SQFT (0.22 Acres)
    Garage: 2 Car Attached
    Year Built: 1975
    County: Larimer
    APN: R0359955

  • Condition

    Unfinished basement. House needs cosmetic updates throughout. Upstairs finished space is in rental grade condition.

    Basement already has bathroom plumbed in just needs cosmetics. Other than that basement has MEPs in place will just need cosmetic finishes. Roof looks to need to be replaced, mechanicals replaced in 2018.

    Very few comps in this neighborhood. In the sales that have closed a mid-level of finish still seems to yield a higher price per foot.

  • Numbers & Dates

    Numbers
    HOA: No
    Taxes: $2,172 (2024)
    Rental Income: $30,500 Annually (FMR)
    Repairs: $70,000
    ARV: $490,000
    Starting: $300,000


    Dates
    Investor Inspection: 7/15 RSVP HERE
    Offers Due: 7/15, 7:00 PM MST
    Closing: 7/25
    Possession: At Closing

    Contact
    Derek Hamlow
    DHamlow@JoeHomeBuyer.com
    719-440-4079

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

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*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.