E Iliff Ave Investor Fix n Flip

E Iliff AveDenver, CO 80222

Before

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Well kept home from the '50s

We worked closely with the whole seller on this acquisition as the homeowner had passed away during the purchase transaction! After a couple of delays due to court dates and transfer of the asset we were able to successfully close on the property on get straight to work on the demolition.

Antique stove and retro color ways

There was a beautiful antique stove and other treasures from the '50s that we were able to keep intact.

2282

Sq Ft

4.0

Beds

3.0

Baths

1955

Year Built

Project Highlights

PURCHASE PRICE
$415,000.00
RENOVATION COST
$119,865.00
SOLD PRICE
$681,000.00
PROFIT
$100,777
TIMELINE
174
ANNUALIZED RETURNS
26.75%
RETURN ON EQUITY
12.75%

After

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Fully finished basement!

Finishing out the basement in order to create two additional bedrooms, with two bathrooms, wet bar and additional living room was a massive undertaking. This project was our largest on to date!

Rental income potential

This fully finished basement will be very attractive feature for a large multi-generational family or even for a homeowner wanting to house hack and rent the basement while living on the main floor.

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