27th Sep, 2008

Pitts’ Pick Colorado Investment Property

Our choice REO investment property is in the hot Denver Highlands neighborhood.  Located just minutes from LoDo, this ‘hood has seen many of its 1890’s bungalows restored and the chic boutiques throughout the area provide a quaintness not seen in many Denver locations.  This 2 bed / 2 bath bank owned home is listed at a bargain price of $139,000.  Listing comments indicate that Granite counter tops are in place and that other updating has been completed, so rehab work might be minimal.  Resale of this property is estimated to be near $255,000, providing an opportunity for a $90,000 profit!  Hit us up if you’re interested in more information about this home.  Sorry – no pic available yet for this property.

BEDS        BATHS        SQUARE FEET        LIST PRICE        RESALE 

2                 2                1246                      $139,900          $255,000

FIX UP BUDGET        HOLDING COST           ESTIMATED PR0FIT

$20,000                      $5,000                        $90,000

Comments are closed.

Categories