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N Glencoe St

Denver, CO 80207

Your Buy Price: $343,995

Bedrooms: 2
Bathrooms: 1
None
Total SF: 972
Built in 1954
After Repair Value: $480,000
Fix Estimate (Flip): $40,000
Fix Estimate (Rental): $40,000

Property Overview

Today we are offering a classic 1950's brick ranch-style, 972 square-foot single-family home with 2BRs and 1BA, situated in Northeast Park Hill.

As you step inside, you'll be welcomed by a warm living room that seamlessly connects to the kitchen and extends to a sun-drenched backyard, ideal for relaxing or entertaining. The kitchen has full appliances and elegant maple cabinets, with a convenient laundry area right next to it. The two bedrooms, complete with walk-in closets, are situated side by side, with a stylish bathroom.

Don't miss out on this incredible opportunity.

Neighborhood:
Northeast Park Hill is perfectly situated between Downtown, Cherry Creek, Central Park, & DIA, this property provides easy access to the highway & all the amenities the area has to offer. Hop over to Park Hill Commons & enjoy craft beer @ Long Table Brewhouse, coffee @ Copper Door, or a meal @ Sexy Pizza or Trellis Wine Bar. Explore nearby City Park, the Denver Zoo, the Natural History Museum, the City Park Golf Course, & the legendary Spinelli's Deli.

Est Close Date: 09/04/2024
Total SF: 972
Above Ground SF: 972
Lot SF: 6,250
Zoning: E-TU-B
Rent Estimate: $2,250
Deal Type: Wholesale
Property Type: SFR

Video Walkthrough

We have budgeted for a new roof, full kitchen remodel, new flooring, interior paint, new furnace & hot water heater, bathroom remodel and electrical updates (in case the current main panel needs more capacity).

New roof- $8,000
Kitchen remodel - $7,000
Flooring - $5,000
Interior paint - $3,000
New furnace - $5,000
New HWH - $1,500
Electrical updates - $2,000
Bathroom remodel - $6,000


Roof: $8,000
Kitchen: $7,000
Flooring: $5,000
Paint Interior: $3,000
Furnace: $5,000
Water Heater: $1,500
Electrical: $2,000
Bathrooms: $6,000

Total Budget: $37,500


2BR 1 BA 972 sq ft house

There is no air conditioning

Closing is scheduled for 09/04/2024.

3570 Glencoe Street, Denver, CO 80207 Zillow

Comp #1 is on the same block as the subject property with almost identical characteristics and footprint: 2BR 1BA, 823 sq ft on the same size lot, minus the 1 car garage. This comp has been updated inside and out (including hvac and electrical) and is full of thoughtful finishes. After 12 days on the market, it closed on 2/16/24 for $470,000 after a $9,450 seller credit.


3536 Glencoe Street, Denver, CO 80207 Zillow

Comp #2 appears to have had an identical layout/footprint as the subject property with the garage space converted into living space. This yielded an additional 274 sq ft of space and an extra BR and BA. This 3BR 2BA property closed on 2/2/24 for $524,300 after a $3,700 seller credit and 62 on the (holiday) market.


3545 Forest Street, Denver, CO 80207 Zillow

Comp #3 has almost identical characteristics and footprint to the subject property: 2BR 1BA, 867 sq ft on the same size lot, minus the 1 car garage. In need of a floor to ceiling renovation, this comp is an example of a recent investor purchase in the neighborhood. It closed on 11/15/23 for $470,000 after a $10,000 seller credit and 7 days on the market.

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