$900,000
$900,000
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1001 Newton ST Denver, CO 80204
6 Beds
4 Baths
3,120 SqFt
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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