Worst House, Best Neighborhood.

by Osman Parvez

You've heard it before. If you want to make money, buy the worst home in the best neighborhood. Here's your chance to have multimillionaire neighbors for a fraction of the cost.

I just walked in the door from showing one of the best Boulder home buying opportunities I've seen in a long time. The asking price is the high $6's and all the neighbors are $2.0M+ . This house hasn't been on the market in 30+ years. The last rehab was in the 70's but the house has great "bones." The bare dirt lot next door sold for more and they're putting up a $3.0M+ luxury home. The neighborhood is very high end, abuts open space, and is very desirable.

If you're interested, call me for more details or a showing. ph: 303.746.6896. The listing sheet does not tell the whole story. You must visit this property to see its value. There may also be partnership potential.

I know it's a cliche to hear agents describe homes as "rare" and "will be gone soon" but this time, believe me . This property is a sweet deal.

Here's a link to the Zillow map (they think it's worth $814,000). Here's a link to the Google Map where you can see the aerial view.

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The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties.   We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate. 

Please Note

This document contains forward-looking statements. You are strongly cautioned that investment results are subject to business, economic and other uncertainties. There are no guarantees associated with any forecast and the opinions stated here are subject to change at any time. Always consult your financial advisor before making an investment decision.