$425,000

Brick, a big lot, and a basement waiting to be finished: this Arvada ranch gives investors and owner-occupants plenty to work with. The Lyndale-area home was built in 1963 and sits on nearly a quarter acre (9,191 sq ft) with no HOA or metro district fees. The upper floor has three bedrooms and a full bathroom. Its kitchen comes equipped with stainless appliances, and the level has a mix of vinyl flooring, double-pane windows, and a forced-air furnace. An attached two-car garage rounds out the main floor. Head downstairs to 882 square feet of potential. It already has a second full bathroom and a kitchenette, a laundry area, and a pair of extra rooms. Finishing this space brings the home to 1,764 total square feet and opens up options like added bedrooms, a rec room, or a separate living area. Removing the kitchenette and adding an egress window could allow for a second bedroom in the basement! Fix it up and resell it, rent it out, or make it your own. Cash, conventional financing, and 1031 exchanges are all welcome. Schedule a showing and bring your contractor along. Buyer to verify square footage, zoning, and permitted uses.