UPDATED:
Key Details
Sold Price $530,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,751 sqft
Price per Sqft $302
Subdivision Allendale
MLS Listing ID 9619030
Bedrooms 4
Full Baths 2
Year Built 1962
Annual Tax Amount $2,416
Tax Year 2024
Lot Size 7,220 Sqft
Property Sub-Type Single Family Residence
Property Description
Attention investors—this is your chance to bring a classic Cape Cod-style home back to life in one of Arvada's most desirable neighborhoods. Located on Simms Street, this property is a true value-add opportunity with remodeled comps in the area selling between $750,000–$810,000.
The home needs a full cosmetic renovation, but some key systems are already in place such as a solid roof and furnace. The layout offers great potential. There are original hardwood floors on the upper level and likely on the main level as well. A wood-burning fireplace, covered front porch, and covered back patio provide timeless features to showcase in your finished product.
Important disclosures: The property has been smoked in and is being sold AS-IS with all contents. It has original windows and electrical, and the sewer line needs repair or replacement.
Located just around the corner from Bridgeside Park, in the Apex Park and Rec District, 3 miles from Olde Town Arvada, and within a mile of popular dining and retail—this location will appeal to end buyers once the home is renovated.
If you're looking for your next flip with solid comps, a great location, and room for equity, this is one to move on quickly. Or if you are looking to do a full owner occupied "fix and live", a FHA 203K loan could be an option to finance in the fix-up costs. Please reach out to the listing broker for more details.
Location
State CO
County Jefferson
Zoning RN-7.5
Interior
Heating Forced Air
Cooling None
Fireplaces Number 1
Fireplaces Type Living Room, Wood Burning
Exterior
Exterior Feature Private Yard
Garage Spaces 1.0
Fence Full
Roof Type Composition
Building
Lot Description Level, Near Public Transit
Sewer Public Sewer
Structure Type Frame
Schools
Elementary Schools Vanderhoof
Middle Schools Drake
High Schools Arvada West
School District Jefferson County R-1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None

6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with JDI Investments
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