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Park HillElementary School
Mcauliffe InternationalMiddle School
EastHigh School
Description
Location, Location, Location!!! Situated in South Park Hill (one of Denver's most prestigious neighborhoods), this is an unbelievable opportunity to get into one of Denver's finest neighborhoods at $450K. The townhome is walking distance to City Park and the new development at 9th & Colorado and within a short drive to dozens of Denver's best restaurants/bars/coffee shops. There are no HOA fees with this townhome and you are surrounded by multi-million dollar homes since the area funnels into one of the top elementary schools in Denver (Park Hill Elementary). The layout is perfect for an investor to remodel everything and fetch top dollar for a large townhome, or a house-hacker to add a lockable door at the top of the stairs and make a perfect downstairs rental unit with separate entrance. Real natural hardwood floors lead throughout a home that is bathed in natural sunlight from large windows and features a classic Denver layout found all over Wash Park/Cherry Creek. The basement has tall ceilings and it is the perfect canvas to finish into a man-cave/she-shed, game/media room or a complete rental apartment (or mother-in-law suite) if you add a bathroom/kitchenette. The property has a detached 1-car garage (as well as 2 off-street parking spots) and a large back yard to enjoy all of the seasons and our amazing Colorado sunsets. An investor or homeowner could do some remodeling and have an after remodel value near $700,000 leaving a MASSIVE profit margin potential with the current list price. We have priced it knowing that the new owners will want to do some remodeling, so the home is being sold as-is. Buyers can feel free to have an inspection, but the seller won't be providing any concessions or making any repairs during the inspection process...by submitting an offer, the buyer is acknowledging that they are waiving inspection rights. The seller would like a leaseback of 30-60 days if possible.
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