421 N Zenobia St, Denver, CO 80219

Spread $175,000 / Est. Profit $87,400

Solid Brick Ranch Fix & Flip

  • Characteristics

    Beds : 3
    Baths: 1
    Sqft: 1,031
    Lot Size: 7,080
    Garage: 329
    Year Built:1953
    County:Denver
    Zoning: E-SU-D1X

  • Condition

    Prime Barnum brick ranch with strong upside and great bones.

    Exterior:
    Classic, brick construction with an attached garage and strong curb-appeal.

    Interior:
    This 3 bed, 1 bath home with a flex room. Straightforward cosmetic flip. Needs kitchen, bath, paint, and flooring refinish, (original solid hardwood floors under the carpet). Flex room could be converted to another bathroom.

    Mechanical Systems:
    Roof and mechanicals are approximately 5 years old.

    Summary:
    Excellent opportunity in a high-demand Barnum neighborhood—ideal for investors seeking a quick, profitable turn.

  • Numbers & Dates

    Numbers
    HOA: No
    Taxes: $1,912 (2024)
    Repairs: $50,000
    ARV: $470,000
    Starting: $295,000

    Estimated Profit
    $470,000 ARV
    -$295,000 Purchase Price
    -$50,000 Repairs:
    -$37,600 Holding, Comm & Closing Cost

    $87,400 Estimated Profit

    Dates
    Investor Inspection: Tuesday, 12/16 at 11:00am RSVP Required
    Offers Due: 12/16 at 7:00pm
    Closing: 12/22
    Possession: 12/22

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

    *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.