Property Details

$500,000
715 Glencoe Street
Denver, CO 80220
MLS# 4787204

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Beds
2 Beds
Baths
2 Baths
Car Spaces
1 Car Spaces
Total Sq Ft
1,765 Sqft
CALLING OUT TO DEVELOPERS, HOMEBUILDERS and OWNER OCCUPIERS PREPARED FOR SOME SERIOUS SWEAT EQUITY AND BEING SOLD COMPLETELY "AS-IS" NO EXCEPTIONS. Location, Location, Location! Amazing opportunities like this rarely become available in Hilltop South, on one of the most picturesque streets in the neighborhood, boasting homeowner pride, annual block parties and a special sense of community. Neighboring homes have been Denver County appraised at $700K to $1.5M. That said, 715 GLENCOE STREET, with the same occupant for 26 years is in need of a complete remodel creating enormous upside potential. Original features abound; gleaming original hardwood floors, are being exposed after 80 years as I type, cove ceilings, original wood-burning fireplace, Tudor doors with original hardware and decorative exterior half-timbering. Priced arguably for the land value, the 6250 sqft double Lot falls into the highly sought after CARSON ELEMENTARY catchment area. Newly built, two-story homes, recently constructed, throughout the neighborhood have been selling in the $1.5M range. As such the property may be scraped, remodeled or possibly expanded into the surprisingly large back yard, which will need to be deforested. Be sure to check where the property line and fence actually are behind the trees. The basement is plumbed and has laundry, a commode and sink although the bathroom area is not walled. Because of which it is not reflected in Public Records. The owner has never resided in the property, lives abroad and is liable to the FIRPTA Foreign National Tax. Be sure to write your contracts accordingly. As such a successful contract from an owner-occupier reflects a 5% tax advantage. BRING YOUR TOOL BELT, AN EARNEST MONEY CHECK and A CONTRACT. This opportunity will not last. and #xD; and #xA;Please respect COVID-19 social distancing and do not infringe on fellow agent's 30 minutes showing window. and #xD; and #xA;SOLD STRICTLY "AS- IS". Bcause of it's current condition the home will not qualify for FHA or VA Financing.
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Property Details
Status
Active
MLS#
4787204
Property Type
Residential
Type
Single Family Residence
Structure
House
Architectural Style
Tudor
Year Built
1942

Rooms and Spaces

Total Bedrooms
2
Total Baths
2
3/4 Quarter Baths
True
1/2 Baths
True
Basement
Finished, Partial
Basement SqFt
806
Total SqFt
1765
Finished SqFt
1765
Interior
Interior Features
Builtin Features, Smoke Free
Fireplaces (Qty)
True
Fireplace Features
Living Room, Wood Burning
Energy and Green Details
Heating
Forced Air
Cooling
None
Electric
Item220Volts
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
Location and Lot
Subdivision
HIlltop
County
Denver
Lot Size SqFt
6250.00
Acres
0.14
Walk Score
52
Direction Faces
East
Schools
Elementary School
Carson
Middle School
Hill
High School
George Washington
School District
Denver 1
Exterior
Exterior Features
Garden, Private Yard
Lot Features
Level, Near Public Transit, Secluded
Patio/Porch Features
Covered, Front Porch, Patio
Parking Spaces
True
Fencing
Full
Construction
Construction Materials
Brick
Levels
One
Roof
Composition
Flooring
Wood
Sewer
Public Sewer
Water Source
Public
Foundation Details
Slab
Taxes and Terms
Annual Taxes
$2,657
Exclusions
SOLD STRICTLY AS IS
Ownership
Individual
Zoning
Zoning
E-SU-DX
Listing courtesy of
Compass - Denver
Estimated Payments
The approximate mortgage monthly principal and interest payment for this property would be
Based on a loan at a fixed rate of percent
With a down payment of dollars
Actual lender interest rates and loan programs may vary.
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