$384,750
Previous Buyer lost their job after contracting for this home and cannot close. This solid 2009 ranch-style home is a fantastic opportunity for a sweat-equity buyer, owner-occupant, Buy & Hold/BRRR investor, or flipper. With a strong foundation, good roof, and sewer line scope already completed, the property offers a solid starting point for your next project.
Featuring 1,560 square feet of single-level living, the home has fully vaulted ceilings throughout, creating an open, spacious feel from the moment you walk in. The layout includes a large fully vaulted living room-dining-kitchen with a floor-ceiling fireplace, three generously sized bedrooms, highlighted by an oversized primary suite with its own private ensuite bathroom. Two additional large bedrooms share a full guest bathroom. Outside, you'll find a fully fenced backyard with concrete parking inside the fence, providing privacy and convenient off-street parking.
The home is very livable as-is with some new flooring and paint and offers multiple investment strategies:
Light rehab: Add new flooring, fresh paint, and cosmetic updates to create a comfortable move-in-ready home.
Buy & Hold / BRRRR: Invest approximately $15,000-$25,000 in tenant-ready improvements and position the property for consistent rental income.
Flip: Remodel and modernize the home with the potential to target a resale value in the $550,000+ range, subject to final renovation scope and market conditions.
Whether you're looking for your first home, a sweat-equity project, a rental, or your next flip, this spacious ranch offers a strong opportunity with plenty of upside.
3
Beds
⋅
2
Baths
⋅
8348606
MLS
⋅
ACTIVE
Status
5 S Wolff St, Denver
The data relating to real estate for sale on this web site comes in part from Information and Real Estate Services, LLC under IRES Rules © Copyright IRES, and is provided for limited non-commercial use. Information is provided exclusively for consumers' personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are included in this site and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.