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1250 Saint Paul Street was reviewed over the past few days in the Congress Park neighborhood in Denver. Read below to find out more about 8z Real Estate’s take on this listing!
1250 Saint Paul St, Denver
Address: 1250 Saint Paul Street, Denver, CO 80206
Original List Date: 4/22/2014
Year Built: 1908
Total Square Feet: 2,832
Location: Congress Park
Another fix and flip or fix and live opportunity in Congress Park, on the same block!
My gut is that the asking price on this property is a direct correlation of the asking price of the unit 2 doors up the street which is under contract. When the other property closes, it might likely affect the price this property sells for. I for one will be keeping close watch, feel free to contact me and I will share my findings!
The special qualities that stand out in this house are the wood details of a craftsman. That and the more standard front entry, unlike the side entry up the block. This offers a lovely front porch to enjoy the summer afternoons as you melt into the fact that you are at home in one of the top neighborhoods in Denver.
The burgundy carpet is covering wood flooring. When I peaked in a corner, it looks like oak. The age of the carpeting means the floors have not seen the light of day for several decades. There might be some surprises when pulled up, thanks to a family pet. I think of these stains as personality, personally!
Again, without knowledge as to the contract price of the property at 1260, I am just guessing that there might be some room between asking and selling price.
The kitchen could use a remodel, I would suggest taking the wall out to the dining room adding space to accommodate the refrigerator and stove which are presently in the middle of the small space and create no flow. The dishwasher is tucked into the corner so well, I can’t fathom how you easily load it!
The main floor bath is a plus, already installed. The shower reminds me of bathing in a Japanese ‘onsen’ which means it is not spacious!
The upstairs has pine flooring, and I would reconfigure the space for the addition of a master bed and bath. A favorite attribute I noticed was a laundry chute. I adore how the thought was put into the construction back in the early 1900′s!
Two expensive costs have been addressed already, a newer boiler, and a newer roof. As I do with all properties built around this age, a sewer scope is highly suggested as an item to inspect should you be the lucky one to put a contract in on this property.
Once this property is updated, it will be a winner! One important thing a prospective buyer should take close investigation is cost of updating. At this asking price, with the monies that are needed to update, there is a strong possibility to over improve for the neighborhood.
Do I think it will have competing offers at this price? Absolutely not. Add in the price of renovating the kitchen and appliances, and bathrooms, and you will have spent a pretty penny. Then there is all the rouge and makeup needed (thinking you might want to get rid of walls of wall paper and add some paint, lighting fixtures and window coverings!)
Once finished, the new owner will never want to move!
Below are my overall ratings for 1250 Saint Paul Street, Denver, CO 80206:
Layout/Floor Plan: 3
Curb Appeal/Landscaping: 3
Neighborhood/Outdoor Amenities: 5
Overall Value: 2
The listing agent for this property is Joni Jagger with Coldwell Banker Residential 24. For additional photos, a list of inclusions and the details on the home’s design features, click here to visit the property’s profile on 8z.com: 1250 Saint Paul Street , Denver, CO 80206
Need a market expert’s assistance? To schedule a viewing for this home, check the status of this listing, or see other homes in the Congress Park neighborhoods contact 8z REALTOR Leslie Resnick at 303.503.6818 or firstname.lastname@example.org.
Have you viewed the home above? Do you agree with our listing review? Let us know! Please feel free to submit your comments below.