561 W Tufts Ave, Englewood, CO 80110

$400,000
3
BD
2
BA
1,525
SqFt

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List Price
$400,000
Status
ACTIVE
MLS#
5159086
Year Built
1926
Bedrooms
3
Bathrooms
2
Living Area
1,525
Region
Metro Denver
Subdivision
Jernberg Sub

Property Description

OPPORTUNITY KNOCKS IN ENGLEWOOD! Whether you're an investor, contractor, or owner-occupant looking to create equity through improvements, 561 W Tufts Ave offers a compelling value-add opportunity in an established Englewood neighborhood. This 3-bedroom, 2-bath home offers approximately 2,046 total square feet, with approximately 1,525 square feet currently finished and additional unfinished basement area offering meaningful upside for a future owner. Finishing the remaining basement space could significantly improve the functionality and overall value of the home, subject to buyer verification and applicable permitting requirements. The property also includes a detached garage with multiple potential uses. Update it for traditional garage use, create a workshop, or explore conversion to an ADU or other accessory use, subject to zoning, permitting and City approval. Built in 1926, the home features a covered front porch, mature trees, fenced yard and classic bungalow character. Located directly across from Clayton Elementary and convenient to Englewood amenities, parks, shopping, dining and major Denver-area corridors. Property is being sold completely AS-IS, WHERE-IS, with no seller repairs or concessions anticipated. Buyer to independently verify square footage, zoning, ADU feasibility, basement finish potential, condition and all information material to their intended use. Priced at $400,000 and positioned to generate strong activity. Bring your contractor, your vision and your offer - this is an opportunity to buy at an attractive basis and create value over time. DISCLAIMER: FULL PROPERTY PHOTOS COMING SOON. SELECT EXTERIOR IMAGES HAVE BEEN DIGITALLY ENHANCED FOR COMING SOON MARKETING PURPOSES.

Additional Information

Taxes
$2,031
Style
Cottage, Fixer-Handyman Special
School District
Englewood Dist 1
Elementary School
Clayton
Middle School
Englewood
High School
Englewood
Utilities
Natural Gas Available, Electricity Available, Cable Available
Garage Spaces
2

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Calculator source: Real Geeks

Listing courtesy of Leroy Lutu.

leroy@elevationinvest.com,206-427-5756

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