• Asking Price See Price
  • Estimated Value: $773,992
  • HOT IVY DENVER, CO 80207

  • 2 Beds 1 Bath 1,367 SqFt
  • Single Family Home / REO Foreclosure

Property Details for IVY St, DENVER, CO 80207

Features

Facts

Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

This listing addresses the lack of developable properties presently available in Park Hill. Renovate or scrape. Post renovation sale price is expected to exceed $675K (with existing 2-car detached garage) and new construction is expected to exceed $1.5M (assumes 3200 square foot new build). Either option allows for a profit factoring in the property acquisition cost. Property will be sold as-is; offers without contingencies will be given higher priority. Good lot size at 6000 SF.

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