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1001 Newton Street

Denver, CO 80204
  • $900,000
  • STATUS: Pending
  • ON SITE: 14 Days
  • ID#: 4833334
Under Contract
UPDATED: 28 min ago
$900,000
  • 6
    BEDS
  • 0.3
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,120
    SQFT
  • $288
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1957
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
REcolorado logo Offered by Re/Max 100 Inc..

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.

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Portenga Properties | Coldwell Banker Global Luxury Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2023 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.portengaproperties.com/homes/137525008
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1001 Newton Street Denver, CO 80204

  • Price: $900,000
  • Status: Pending
  • On Site: 14 Days
  • Updated: 28 min ago
  • ID#: 4833334
6
Beds
4
Baths
0
½ Baths
0.3
Acres
3,120
SQFT
$288
$/SQFT
1957
Built
Neighborhood:
Villa Park
County:
Denver
Area:
Denver
Elementary School:
Eagleton
Middle School:
Strive Lake
High School:
North
School District:
Denver 1
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.
Exterior Features

Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Dog RunGardenPrivate Yard Fencing Full Garage YN No Lot Features Level Lot Size Area 0.3 Lot Size Square Feet 13250 Parking Total 4 Patio And Porch Features Front Porch Roof Composition Structure Type Quadruplex

Interior Features

Appliances DryerMicrowaveOvenRefrigeratorWasher Basement FinishedWalk-Out Access Basement YN No Cooling None Cooling YN No Flooring CarpetLaminateTile Heating BaseboardHot Water Heating YN Yes Interior Features Butcher Block CountersGranite Counters Laundry Features Common Area Levels Two Living Area Sq Ft 3120

Property Features

Above Grade Finished Area 3120 Association YN No Building Area Source Appraiser Construction Materials Brick Contingency None Known Exclusions Tenants`S Personal Property Listing Terms CashConventional1031 ExchangeFhaVa Loan Ownership Individual Possession Closing Property Condition Updated/Remodeled Property Sub Type Quadruplex Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 3577 Tax Year 2021 Water Source Public Zoning E-Su-D1x

REcolorado logo Listing courtesy of Re/Max 100 Inc.:303-202-2281. MLS #4833334


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Portenga Properties | Coldwell Banker Global Luxury Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2023 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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Portenga Properties | Coldwell Banker Global Luxury Real Estate
201 Columbine Street, Suite 200
Denver CO, 80206
REcolorado logo Offered by Re/Max 100 Inc..