7715 Durango St Denver, CO 80221

Spread $185,000 / Est. Profit $95,000

Sherrelwood Estates Single Level Brick Ranch Flip or Hold

  • Characteristics

    Beds : 4
    Baths: 2
    Sqft: 1,215 (No Basement)
    Lot Size: 9,147 SqFt (0.21 Acres)
    Year Built: 1960
    County: Adams
    APN: R0069901

  • Condition

    Single level brick ranch that looks to be a straight forward cosmetic flip or great hold. (Meets 1% rule)

    Just steps away from Adventure elementary school. Great resale location.

    Roof in good shape age unknown. Furnace was replaced in 2023. Water heater in good condition age unknown. Has newer vinyl windows throughout.

    The garage was converted to bedroom. Basic kitchen and dining room. Bathrooms and kitchen both need updating.

  • Numbers & Dates

    Numbers
    HOA: No
    Taxes: $3,016 (2024)
    Rental Income: $39,000 Annually (HUD Section-8)
    Repairs: $50,000
    ARV: $460,000
    Starting: $300,000

    Dates
    Investor Inspection: Tuesday, May 20th at 12 PM (Noon) RSVP Required
    Offers Due: Tuesday, May 20th at 7PM
    Closing: 5/30
    Possession: At Closing

    Contact
    JC Coulter
    jcoulter@JoeHomeBuyer.com
    970-567-9191

    *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.