Beautiful Denver Square in Cheesman Park, Est $280,000- $400,000 Profit on this Flip!

918 N Marion St., Denver, CO 80218

  • Characteristics

    Beds: 4
    Baths: 2
    SqFt: 4,340 (bsmt 970, main floor 1200, second floor 1200, attic 970)
    Lot Size: 4,690
    Year Built: 1904
    APN: 05023-03-011-000
    Property Type: Single Family Residential

  • Condition

    Est $280,000-$400,000 in profit! Variance depends on the work you complete.

    Stately Denver Square just two blocks from Cheesman Park! Very quiet block. Wonderfully maintained. Very clean. 12 ft ceilings on first and second floor make it feel very bright and open! Basement ceilings are 8ft, no floor excavating needed here.

    Needs to have the kitchen opened up with an island to the massive dining room. Second floor needs a proper master suit created. Basement and attic need to be finished to make this a stunning 5 or 6/5. Architectural drawings in place for master suite creation and basement finish.

    Roof and systems all in great condition.

    ADU permissiable.

    ARV comps from $1.4-$2M. Comparable homes in need of full renovation sold for $998k and $1.1M.

    Pictured don’t do this one justice. Be sure to RSVP to the inspection 9/14 at 1:00.

  • Numbers & Dates

    Numbers
    HOA: None
    Taxes: $3,442 (2022)
    Repairs: $180,000-$275,000
    ARV: $1,400,000-$1,750,000
    Asking: $795,000 cash or terms are available.

    Dates
    Investor Inspection: Thursday 9/14 at 1:00pm RSVP Required
    Closing: 9/27/23
    Possession: 10/13/23

    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.