Flip 48% of ARV. $175,000 in profit! Near Echo Mt ski area.

SORRY-IT’S GONE!

  • Characteristics

    Beds: 4
    Baths: 3
    SqFt: 2,688
    Lot Size: 76,666
    Year Built: 2002
    APN: R012763
    Property Type: Single Family Residential

  • Condition

    Great flip. Fantastic location!
    4 miles to Echo Mt. Ski area.
    4 miles to downtown Idaho Spring.
    12 miles to Bergen Park/Evergreen
    37 miles to downtown Denver
    Could be an excellent STR when completed.

    Work has been started in the house. New LVT upstairs. New bathrooms and bedrooms upstairs. Stainless appliances. New exterior paint. Basement has been framed and drywall is going up. New electric. New plumbing.

    Needs, all kitchen cabinets and counters. Walkout basement needs to be finished (bedroom, bath, living room). Insurance claim in process to redo the roof. Needs a new septic system. It has been engineered and approved by the county. Estimated cost $22,000 to install.

  • Numbers & Dates

    Numbers
    HOA: No
    Taxes: $1,930 (2022)
    STR Rental Income: $76,650
    LTR Rental: 33,600
    Repairs: $85,000 (includes $22k for septic)
    ARV: $625,000
    Asking: $300,000

    Dates
    Investor Walk-Through: REQUEST WALK-THROUGH
    Closing: 4/28/23
    Possession: At Closing

    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.