Denver, CO 80204,1001 Newton ST
Denver, CO 80204,1001 Newton ST
Denver, CO 80204,1001 Newton ST
$900,000
Est. payment /mo
$900,000
Est.Price: ?

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6 Beds
4 Baths
3,120 SqFt
SOLD DATE : 03/28/2023

Key Details

Sold Price $900,000

Property Type Multi-Family

Sub Type Quadplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,120 sqft

Price per Sqft $288

Subdivision Villa Park

MLS Listing ID 4833334

Sold Date 03/28/23

Bedrooms 6

HOA Y/N No

Abv Grd Liv Area 3,120

Originating Board recolorado

Year Built 1957

Annual Tax Amount $3,577

Tax Year 2021

Lot Size 0.300 Acres

Acres 0.3

Property Description

Recently Updated Up/Down Quadplex overlooking park - Prime Investment opportunity. This investment opportunity is ready to produce income with NO additional capital expenditures – a Denver Residential Rental Property License Inspection recently passed with no issues and property has its full CERTIFICATE OF BUSINESS LICENSURE for Denver. Property is also zoned for ADU. Two (2 bedroom/1 bath units) and Two (1 Bed / 1 bath units). 3 of 4 Units have updated lighting, paint, and carpet. New Roof, 2 Newer Hotwater Heaters (2019), and Baseboard Heat. Property has large shared backyard with Sprinkler System for tenants and additional garden area. 4 Off street parking spaces. A short walk across the park to the Perry Street light rail station and in 5 stops you can be downtown Denver. 3 units vacant and move in ready -pick your own tenants. The other is on month-to-month lease (please do not distrub.) Laundry room comes with 3 Washers/Dryers. Rents based off Pro Forma. SELLER HAS MULTIPLE OFFERS. SELLER WILL REVIEW OFFERS ON 3/9/23 AT 4PM.

Location

State CO

County Denver

Zoning E-SU-D1X

Rooms

Basement Finished, Walk-Out Access

Interior

Interior Features Butcher Counters, Granite Counters

Heating Baseboard, Hot Water

Cooling None

Flooring Carpet, Laminate, Tile

Fireplace N

Appliance Dryer, Microwave, Oven, Refrigerator, Washer

Laundry Common Area

Exterior

Exterior Feature Dog Run, Garden, Private Yard

Fence Full

Roof Type Composition

Total Parking Spaces 4

Garage No

Building

Lot Description Level

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Eagleton

Middle Schools Strive Lake

High Schools North

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by RE/MAX 100 INC. • 303-202-2281
Bought with Guide Real Estate

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Bonnie Schwam

+1(719) 651-2916

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