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User Stats

48
Posts
16
Votes
Cherie Tormey
Pro Member
  • Investor
  • Denver, CO
16
Votes |
48
Posts

House for Sale in Arvada

Cherie Tormey
Pro Member
  • Investor
  • Denver, CO
Posted

https://www.zillow.com/homedetails/6105-Chase-St-Arvada-CO-8...

FIX and FLIP, Novation, House Hack, Duplex, Rent to Own - Open to any creative idea

6105 Chase Street, Arvada, CO 80003

7 minute walk to the light rail! Gold Strike Station

This home located at 6105 Chase Street, Arvada, CO 80003 is a 4 bed 2 bath home with

updates from the 90s. Take on this project and add square footage into the massive yard or

simply update the inside with some savvy design and sell for a profit. 2 bedrooms on the first

floor with one bath kitchen and living room. 2 bed and bath in the basement. This house was

purchased by the owner December 4, 2023. Check out the home on Zillow photos are

accurate as to the design and quality of the home.

Other strategies

Make it an up and down Duplex - Add a kitchen or kitchenette to the basement

House Hack - live downstairs and airbnb the upstairs, Arvada is very very airbnb friendly

municipality

Live in one half and LTR OR MTR the other half

Ample room to add an ADU in the backyard and/or above the garage (received a quote from

anchored tiny homes for an ADU 1bd/1b at 145k). Ample room for a two bedroom apartment

above the garage.

Please Contact

Cherie Tormey

720.419.4186

  • Cherie Tormey
  • User Stats

    1,862
    Posts
    1,700
    Votes
    Bonnie Low
    Pro Member
    #1 Medium-Term Rentals Contributor
    • Investor
    • Cottonwood, CA
    1,700
    Votes |
    1,862
    Posts
    Bonnie Low
    Pro Member
    #1 Medium-Term Rentals Contributor
    • Investor
    • Cottonwood, CA
    Replied

    This is showing in Zillow as Sold. Has it sold already?

  • Bonnie Low
  • User Stats

    48
    Posts
    16
    Votes
    Cherie Tormey
    Pro Member
    • Investor
    • Denver, CO
    16
    Votes |
    48
    Posts
    Cherie Tormey
    Pro Member
    • Investor
    • Denver, CO
    Replied

    The Zillow listing is simply for pictures

  • Cherie Tormey
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    User Stats

    357
    Posts
    177
    Votes
    Chad Rocke
    Agent
    Pro Member
    • Real Estate Agent
    • Denver, CO
    177
    Votes |
    357
    Posts
    Chad Rocke
    Agent
    Pro Member
    • Real Estate Agent
    • Denver, CO
    Replied

    @Cherie Tormey

    I looked at this house 4 times with house hack buyers and I thought it could work. Whats the story on it?

    Are you the owner?

    Open to sub 2 seller finance?

    What’s the purchase price?

    Has any work been done since the purchase?

    User Stats

    48
    Posts
    16
    Votes
    Cherie Tormey
    Pro Member
    • Investor
    • Denver, CO
    16
    Votes |
    48
    Posts
    Cherie Tormey
    Pro Member
    • Investor
    • Denver, CO
    Replied
    Quote from @Chad Rocke:

    @Cherie Tormey

    I looked at this house 4 times with house hack buyers and I thought it could work. Whats the story on it?

    Are you the owner?

    Open to sub 2 seller finance?

    What’s the purchase price?

    Has any work been done since the purchase?


    I am the owner. I have owned it for less than a year. I purchased this home for my daughter and the mission changed and it is to much house for me. I am open to any solution that is a win win. There is not a lot of room in the margins is the challenge here. ARV with the same square footage is at least 615k. The purchase price is 565k. Updates made. New amazing windows that have made a huge difference on the house being cool. New AC 10 yr warranty on parts and labor. New grade door opener. Popcorn ceilings removed and a very nice indoor/outdoor door that separates the upstairs and the downstairs. Separate entrance to the basement through the back. Ample room for an ADU in the backyard which the county fully allows. Interest rate on the mortgage is 7.37. Payment is 3400.00. Feel free to contact me at 720.419.4186. :)

  • Cherie Tormey