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Key Details
Sold Price $535,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,119 sqft
Price per Sqft $478
Bedrooms 2
Full Baths 1
Property Description
ASSUMPTIONS (** For illustrative purposes only, please use own formulas, due diligence, and comps**)
Estimated ARV Range: $700+
Rehab: Moderate
Transaction Costs: 7%
Investor Min Profit: 10% of projected ARV
Great opportunity in Berekley, which is a high density zone for flips and rehab opportunities. Home is in moderate-rough condition, and will need a full-cosmetic rehab. Unknown roof / sewer condition, but seller says the roof should be in okay. Small basement area below, but not very functional for anything other than storage. Small square feet within the home should be this a very straight forward flip opportunity.
Home was listed on the MLS for 2 days, with multiple offers over asking price, from investors / retail buyers.
Access Comps HERE: https://drive.google.com/drive/folders/1LLUhD-BYCN-jg9w-erROYT6HZiorG9F2?usp=drive_link
Purchase Terms:
Close: March 15th (or Negotiable)
Assignment Fee: $5,000
$10,000 Non-Refundable Deposit to Closing Connections (Title will NOT be moved)
Buyer pays all closing costs + costs of to seller for procuring property
Agents, please add your own commissions
Buyer to do their own due diligence on comps and rehab
Cash or Hard Money ONLY
Location
State CO
County Denver
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