This single-family home in Globeville, Denver, is a 700 sq ft one-bedroom, one-bath property priced at $239K. Compared to recent comps, the average selling price in the area is around $470K. However, the property is currently rented until May 2025, which limits immediate flipping potential. The neighborhood is undergoing redevelopment, which could enhance future value.

Consider minor cosmetic updates to increase appeal while it's rented, ensuring it remains attractive to future buyers. Monitor the neighborhood's redevelopment closely, as this could significantly affect property values. If you plan to hold it long-term, the potential for appreciation is promising, making it a solid investment.