Property Overview
Let your imagination run wild with this 687 sq ft blank canvas! This 1950’s 2 beds 1 bath home has been taken down to the studs so you can get a complete view of its structural integrity. Big backyard and existing flagstone patio and some landscaping work already underway!
Neighborhood: Situated in a convenient location, the Mar Lee neighborhood offers easy access to malls, major highways, and the Colorado mountains. It’s the ideal choice for those who crave the best of both urban and outdoor adventures. Whether you’re headed downtown or to the DTC, you’ll find all your destinations within easy reach.
About HomeTrust
Home is being sold down to the studs. Floor to ceiling remodel, roof and all appliances will likely be necessary.
Total Budget: $62,000
The finished product will be a freshly updated 2 beds, 1 bath home with 687 total sq ft. Once the exterior is updated, this house will have great curb appeal.
Clean Slate ready for your touch! Seller states that the rear area of the home (around by the stairs to the back entrance) shows some minor movement.
Closing is scheduled for 06/27/2024.
1140 S Vrain Street Zillow
This 2 beds 1 bath 880 sq ft property is a really well done flip only 0.13 miles away. The layout was opened up, there's tons of natural light and the kitchen and shower are particularly nice. It sold for $430,600.00 on 3/27/24 and went under contract in 3 days.
4401 W Mississippi Ave Zillow
This 2 bed 1BA 629 sq ft property is also a nice flip .25 miles from the subject property. New floors, paint, kitchen and bath. This property sold for $346,500.00 (net) on 4/29/24 with $8,500 seller concessions. This property was on the market for 105 days partially due to the first buyer getting cold feet.
1186 S Tennyson St Zillow
This 3BR 1 BA 805 sq ft flip really pops. Extra large windows, open concept design and thoughtful flow makes this space feel a lot bigger than it is. We took the oversized lot and extra BR into consideration when making our comparison. The property sold for $416,885.00 (net) after $8,115 seller concessions on 12/20/23 with 19 holiday season days on the market.
1175 S Vrain Street, Denver, CO 80219 - Zillow
3/1 at 892 sq ft sold for $515,000 on 2/9/2024. Nicely updated property with larger sq ft than subject. 2 car detached garage. Very nicely done property, could achieve the same type of look with a higher fix budget and with making an additional garage. .08 miles from subject property.
1160 S Vrain St,Denver, CO 80219 Zillow
3/1 at 916 sq ft sold for $387,500 on 12/11/2023. Fairly original. Larger than subject, yet a notable property to mention. .1 mile from the subject.
1265 S Winona Court, Denver, CO 80219 Zillow
2/1 at 798 sq ft sold for $414,900 on 7/7/2023. Detached 2 car garage. Original, not updated. Older sale, yet notable property to mention. .06 Miles from subject.
