1194 North Franklin Avenue, Louisville, CO 80027

Property Overview

Great Investment Opportunity!

  • 4 Bedrooms
  • 2 Bathrooms
  • 2 Car Attached Garage
  • Wood Floors
  • Needs Updating
  • Large Private Yard
  • Raised Deck In Back

Beds/Baths: 4 beds, 2 baths

Size:1,800

Complex / Subdivision: Parkwood

Zone: RES

Lot: 14,008

Garage: 2 car attached garage

Style: bi level

Year Built:1975

Property Financials Purchase Price: $410,000

Tenant:

Earnest Money:

Loan to Value (LTV): 87%

Exit Strategy: Fix and Flip, Rent to own, Rent

Closing Date:

Fixup: $40,000

Value After Repair (ARV): $520,000

Assessment:

Estimated Rent: AVERAGE $2,426 MEDIAN $2,500 $1,850–$3,000 80% $1,948–$2,850 60%

Property Location

Directions:Take Via Appia to Lafayette, then go west