715 Glencoe Street, Denver

$500,000

2 Beds
2 Baths
1,765 Sqft
.14 Acres
1 Garages

CALLING OUT TO DEVELOPERS, HOMEBUILDERS & 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 & 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 & 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 & 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 & A CONTRACT. This opportunity will not last.
Please respect COVID-19 social distancing and do not infringe on fellow agent's 30 minutes showing window.
SOLD STRICTLY "AS- IS". Bcause of it's current condition the home will not qualify for FHA or VA Financing.

Status: Pending

Metrolist Services Inc (Colorado) Logo Compass - Denver.

Essential Information
MLS® #4787204
Price$500,000
Bedrooms2
Bathrooms2.00
Half Baths1
Square Footage1,765
Acres0.14
Year Built1942
TypeResidential
Sub-TypeSingle Family Residence
StyleTudor
StatusPending
Community Information
Address715 Glencoe Street
SubdivisionHIlltop
CityDenver
CountyDenver
StateCO
Zip Code80220
Amenities
# of Garages1
Utilities

Cable Available, Electricity Connected, Natural Gas Connected, Phone Available

Interior
InteriorWood
HeatingForced Air
CoolingNone
FireplaceYes
# of Fireplaces1
FireplacesLiving Room, Wood Burning
StoriesOne
Exterior
Exterior FeaturesGarden, Private Yard
RoofComposition
ConstructionBrick
FoundationSlab
School Information
DistrictDenver 1
ElementaryCarson
MiddleHill
HighGeorge Washington
Additional Information
Date ListedAugust 1st, 2020
Days on Market13
ZoningE-SU-DX
Listing Details
Metrolist Services Inc (Colorado) LogoCompass - Denver
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Listing information last updated on August 14th, 2020 at 1:15am MDT.