Property Overview
Quick Flip Brick SFH in Commerce City!
Single Family Brick House with 832 sq ft, 2-bed, 1-bath home is primed and ready for it’s renovation! Proposed Reno budget of $36k will keep your time spent on this project low, and possible revenue high!
Step through the front gate and onto the porch of this classic brick ranch in the Tiffany Subdivision of Commerce City – this is the perfect flip opportunity—especially in a low inventory market of just 2.5 months of inventory in the area! Inside, the living room flows directly into the kitchen, with one bedroom and the full bathroom down the hallway to the left. The second bedroom, which the previous owner opened up to the kitchen, can easily be restored to its original layout and has access to the backyard.
Off the kitchen, the covered back porch offers a nice bonus space, and there’s also access to the attic adjacent to the kitchen, which was previously used as a loft. The house has a five-year-old roof (per the seller) and recently replaced gas lines (per the seller), but it will need a full renovation to match nearby flips. Plan for updates to the flooring, kitchen, bathroom, and central air, along with new windows and a fresh coat of paint inside and out. A portion of the backyard fence will also need replacing. Estimated fix costs are around $35,800.
Looking for a quick turnaround? This property closes on March 13, 2025, with possession granted on March 27—so you can hit the ground running. Whether you restore the attic into a standout loft space or keep it simple, this smaller-footprint flip is a great opportunity for a quick project.
Neighborhood Description
This property offers easy access to everything, making it a prime location for convenience, amenities, and strong resale appeal. Located in the Adams County 14 school district, it provides quick access to major highways, including I-76, I-270, US-6, and US-85, making commuting anywhere in the metro area a breeze. Downtown Denver is just a short drive away, and outdoor enthusiasts will love being close to the Rocky Mountain Arsenal National Wildlife Refuge—a great spot for hiking, wildlife spotting, and fresh air. Whether you’re flipping or holding, this neighborhood checks all the boxes for a solid investment.
Video Walkthrough
This property is a straightforward renovation with an estimated $35,800 in renovation costs to bring it up to par with area comps. The floors, kitchen, and bathroom all need updates to match the market, but nothing out of the ordinary for a solid value-add project. The previous owner opened up the second bedroom to the kitchen, but converting it back is a simple fix that instantly restores functionality of the second bedroom. Windows will need replacing, and a portion of the backyard fence could use some work as well. Area comps have central air conditioning, so we factored that installation into the fix budget as well. A fresh coat of paint inside and out will tie everything together for a clean, finished look.
Kitchen – We’ve budgeted to finish the kitchen renovation that is underway. This is needing backsplash, possibly new counters, and a little finish work!
Bathroom – Although we budgeted for a full bathroom remodel to achieve the highest ARV probable, to match the area you would only need a new tub surround, hang a mirror, and finish the paint job!
Flooring – We budgeted for full replacement, yet part of the house has updated flooring.
Attic – We did not budget for anything in the attic, however some paint and flooring could turn this into extra sq ft! Ceiling height in center of attic is approx. 6ft 5 in.
Total Budget: $35,764
The finished product will be a 2-bedroom, 1-bath, 832 sq ft updated brick ranch.
This property will require a 14-day post-close occupancy for the occupant to transition into their new home, which has already been secured.
Closing is scheduled for 03/13/2025.
The seller will grant possession on March 27, 2025. At closing, $10,000 will be held in escrow, with the balance released after deducting any applicable costs. With this: Close is set for 3/13/25. The seller is elderly and has requested up to two weeks to move to assisted living and will give possession by 3/27/25. To ensure you are protected Title will hold $10,000 from the seller proceeds in escrow to be used toward any eviction costs. When the seller has to pay for their own eviction they simply leave as agreed!
2 Beds, 1 Bath, 832 sq ft
5450 Leyden Street, Commerce City, CO 80022 Zillow
Sold on 12/20/2024 for $390,000 | 2 bed, 1 bath, 768 sq ft
This property offers a strong preview of how the subject property will look post-renovation. With updated laminate flooring, stainless steel appliances, and quartz countertops, its interior finishes closely align with what’s planned for the subject property’s remodel. While this home is 64 sq ft. smaller, it shares the same bed and bath count, making it a solid comparison. One key advantage of the subject property is its all-new flooring, whereas this comp still has older carpet in the bedrooms, giving the renovated home a fresher, more modern feel. However, this property includes a detached garage, which the subject property does not. It recently sold for $390,000 with $12,000 in concessions, bringing the net sale to $378,000—establishing a strong benchmark for the subject property’s resale potential.
5802 Magnolia St, Commerce City, CO 80022 Zillow
Sold on 2/24/2025 for $380,000 | 2 bed, 1 bath, 720 sq ft
This property serves as a strong comparison to the subject property due to its dated interior and sold price, though the finished subject property will have a clear edge. The kitchen in this home features wood cabinets and black appliances, while the subject property will boast a fully updated kitchen with modern finishes. The bathroom in the finished subject property will also have a more refined look compared to this comp. At 112 sq ft smaller, this home offers less living space, though both properties share the same 2-bed, 1-bath layout. The flooring here is a mix of laminate and carpet in the bedrooms, whereas the subject property will feature all-new flooring throughout, providing a fresher, more modern feel. The main advantage of this home is its 2-car garage, but beyond that, the subject property will stand out with its updated interior. This property sold for $380,000 with no concessions, establishing a benchmark, though the subject property’s upgrades should push its value even higher.
6645 E 58th Avenue, Commerce City, CO 80022 Zillow
Sold on 3/03/2025 for $365,000 | 2 bed, 1 bath, 708 sq ft
This property serves as a strong comparison to the subject property, featuring similar finishes, including stainless steel appliances, new cabinets, and updated countertops in the kitchen. It also has new flooring and a remodeled bathroom, aligning closely with the planned updates for the subject property. The biggest difference is size—this comp is 124 sq ft smaller, meaning the subject property will offer noticeably more living space. With the same 2-bed, 1-bath layout and modern upgrades, both properties are highly comparable, but the additional square footage in the subject property adds value. This comp sold for $365,000 with $3,000 in concessions, setting a solid benchmark, though the subject property’s larger size could drive an even higher resale value.
