Denver Highlands Property with Pop Top Potential

[Ted DeKowzan]

THIS IS A REAL DEAL!!!

Great investment opportunity in prime highlands location. Halfway between Sloans lake and 32nd/Lowell restaurants. Right next to Brown Elementary ( highly sought after k-6 school). It is a 993 sqft main level and full basement with tall ceilings. Nice brick exterior, foundation in great shape. Primed for pop-top addition. Great investment potential or dream home for primary residence for steep discount if you are willing to put in the time to remodel. 

Purchase price $415K

Est. Pop-top cost $225k (main floor remodel, add pop top w/roof patio, basement remodel, add 2 car garage, currently there is a 1 car garage)

After repaired Value with Pop Top $800K++

Comparable Properties in the area have sold over $900K with the pop top addition

Est Remodel of existing house cost $45K (new kitchen, floors, bathrooms, paint)

After Repaired Value with remodel of existing house $575K++

Great house with a lot of opportunity. I'll do the project myself if nobody takes it. I just have a few too many on my hands right now and I'm willing to let this one go. Contact me with questions or if you would like to schedule a showing.

Ted