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N Franklin St Unit 8

Denver, CO 80205

Your Buy Price: $214,999

Bedrooms: 1
Bathrooms: 1
None
Total SF: 650
Built in 1951
After Repair Value: $305,000
Fix Estimate (Flip): $18,000

Property Overview

Welcome to your new penthouse retreat in the heart of Denver! This affordable 3rd-floor condo offers an excellent opportunity for quick resale or potential turnkey option. With 1 bedroom, 1 bathroom, and 650 square feet of space, this secured building is located in the sought-after City Park area.

Step inside to find a spacious layout with hardwood flooring, stainless steel appliances, and plenty of potential for customization. The low HOA fee of $383 per month covers all your essential needs, such as gas, heat, insurance, grounds maintenance, structure maintenance, sewer, snow removal, trash, and water.

Pet-friendly and FHA financing eligible, this unit also includes a storage space, ample parking, and a convenient community laundry room. Plus, with Denver County 1 school district and taxes set at just $990 in 2023, this home is not only a great investment but a comfortable place to call home.

Overlook the clutter - see the potential in this turnkey property. Take advantage of this opportunity to own a piece of Denver real estate in a prime location. Schedule a walkthrough today and make this gem your own!

Neighborhood :
City Park is a desirable Denver location in the heart of the city. Close proximity to Saint Joseph Hospital, Presbyterian St Luke's, 17th Avenue dining, the central business district, City Park, and public transportation. Less than 1 mile from light rail.

Deal Type: Wholesale
Property Type: Condo
Rent Estimate: $1,507
Est Close Date: 08/12/2024
SF Above Ground: 650
Lot SF: 650
Zoning: Condo

Video Walkthrough

We have budgeted for paint, flooring in the bath and kitchen, kitchen and bath.


Kitchen: $9,000
Bathrooms: $4,000
Flooring: $1,000
Paint Interior: $2,275
General: $1,725

Total Budget: $18,000


Nicely updated 3rd floor penthouse penthouse 1 bed 1 bath 650 sf condo in a secured building located in the heart of Denver.

Live, work, & play with close proximity to Saint Joseph Hospital, Presbyterian St Luke's, 17th Avenue dining, the central business district, City Park, and public transportation. Less than 1 mile from light rail.

Closing is scheduled for 08/12/2024.

2100 N Franklin Street Unit #7, Denver, CO 80205 Zillow

This is an identical 650 sf 1 bed 1 bath unit that is pending at $269,000. This comp went pending in 18 days at asking price. Subject is a 3rd floor penthouse unit. This comp is clean but not updated like the subject after including a fixed budget.


2100 N Franklin Street Unit #20, Denver, CO 80205 Zillow

This identical unit 650sf i bed 1 bath is currently active at $305,000. It was listed on 6,29,2024. Subject is a 3rd floor penthouse unit. This unit is updated like a subject after including a fixed budget.


2100 N Franklin Street Unit 21, Denver, CO 80205 Zillow

This Identical unit sold for $300,000 on 5/23/2023. This is the same 1 bed 1 bath unit on the top floor. It was very clean with some updates. The subject will have a nicer market standard finish after including a fixed budget.


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