Westwood Fix & Flip or Rental

919 S Raleigh St

--$240K--

This Denver property in the Westwood neighborhood is a single family home will make a great rental or flip! Minimal work needed for a rental and moderate work needed for a flip. All the big-ticket items were already done for you a few years ago. The home underwent a renovation in 2012 and has a new furnace, water heater, roof, sewer line, vinyl windows, and more! The house mostly needs cosmetic upgrades to make it shine.

The garage looks to have been converted into a master bedroom and has room to add a master bath. The square footage is likely 300+ sq. ft. larger than assessors shows (buyer verify). The carport is large and could be converted to a 2 car garage. There is an alley, allowing for a garage or ADU to be built behind the house. The landscaping in front of the house is in great shape. Overall this should make an easy flip or a solid rental with income add potential with an accessory unit.

Westwood is making major improvements and property values should keep rising. Check out this article for more:

Overview:

• 3 Bed 1 Bath
• E-SU-D1X zoning – Allows for an ADU
• Open floor plan- Kitchen can flow to living room
• Delivered vacant
• ARV Estimate: $330K+
• Fix Estimate: Rental: $1K, Flip: 35k (83% deal)
• 11/7 Close- 5k nonrefundable deposit required. 

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