SORRY-IT’S GONE!
Developer Opportunity! .55 Acres Zoned R-MF
It Also Works as a Quick SFH 5/2 Flip
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Characteristics
Beds: 5 (3 non-conforming, need egress)
Baths: 2
SqFt: 2,070 (1,035 main, 1,035 basement)
Lot Size: 23,784, .55 acres, zoned R-MF click for details
Year Built: 1948
APN: 49-034-00-010
Property Type:
Single Family Residential3 Water Sources: City water, the home has a well and 1 share of Rocky Mountain Water irrigation.
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Condition
Developer Opportunity
.55 Acres Zoned R-MF. Build 8-30 townhomes, condos or apartments. 1091 Carr St is a new build apartment complex on similar lot that sold for $6,775,000 in April 2023. Could rent as is while in planning and permitting.
SFH Flip
You have to see it to believe it. This house has great bones and could also be a quick and easy flip. Need paint, wood floors finished, new kitchen, minor finishes in bathroom, egress windows and finish out the basement which has 3 bedrooms, 1 bath and a second kitchen. Huge garage with workshop and a full barn shed. End buyer would have their own private park. The lot will sell this house. Estimated ARV $750,000 with $60,000 in repairs.
Flip Variation
Extend the addition for the stairway to a master suite and this will be an estimated $850,000 ARV with $100,000 in repairs.
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Numbers & Dates
Numbers
HOA: No
Taxes: $2,718 (2022)
Repairs: $60,000+
ARV: $750,000+
Asking: $575,000
Dates
Investor Inspection: Thursday 7/13 at 11:00am RSVP REQUIRED this will be the only opportunity to inspect.EMD: $10,000 due 7/17
Closing: 8/14 or sooner
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.