5 S Wolff St, Denver, CO 80219

Property Description

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.