Discounted condo, quick easy flip, or sell as-is for quick profits

1155 Ash St, Denver, CO 80220

$260,000 After Repair Value -
$167,000 Asking Price -
$27,000 Cost of Repairs =
$66,000 Potential Profit

Property Details

Asking Price $167,000

After Repair Value $260,000

Costs of Repairs $27,000

Potential Profit $66,000

Living Area 687 ft2

Property Type Condo

Bedrooms 1

Bathrooms 1

Half Bathrooms N/A

Parking 0

Listed with Agent 1

Property Description

-Built in 1962Terms-Closing: 5/28-EM: 5k-Possession: VacantIdentical Comps:1155 Ash Street Unit 1203, Denver, CO 80220(259k, 1b/1ba, 687 sqft, built 1962)1155 Ash Street Unit 503, Denver, CO 80220(235k, 1b/1ba, 687 sqft, built 1962)1155 Ash Street Unit 404, Denver, CO 80220(233k, 1b/1ba, 687 sqft, built 1962)Deal Projections:You can buy this SFR for $167,000. Your closing costs, title insurance, holding costs & back-end commissions will cost an approx. $16,000. The renovation is estimated to cost $27,000. With this, your total basis in the deal will be $210,000.Assuming the house resells for $260,000, your deal profit would be: $50,000 Other photos: -

Repairs Needed

cosmetic updates and light rehab

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