1390-1396 Newton Street

Denver, CO 80204

  • beds
  • baths
  • sq ft
  • 0.29 acres lot

$1,300,000

$1,200,000

  • Sold
  • MLS 5196034

PROPERTY DESCRIPTION

Rare opportunity to own this land parcel zoned G-MU-5, allowing 5 story multi-family developments, with a Four Plex! 12,500 sf approximate lot with an existing 4-plex totaling approximately 6,500 sf combined. The units are huge, and are completely under market rents.The unit mix is:4/2, 3/2, 2/1 and 1/1 set up with $4,250/month rents, with leasing 3 car detached garage at $600/month can increase rents as is.Two unit have fireplace, and 2 units access the garages.New rent analysis indicates $7,500-8,500/month including the 3 car garage.Excellent opportunity for income while waiting for permitting!

PRESENTED BY

Roy Lopez with THE KENTWOOD COMPANY

Essential Information

  • MLS
    5196034
  • Structural Style
    N/A
  • Square Feet
    N/A
  • BedsTotal
    N/A
  • Property Type
    Land
  • Architectural Style
    N/A
  • List Price
    $1,300,000
  • BathsFull
    N/A
  • Property SubType
    Land
  • Year Built
    N/A
  • Status
    Sold
  • BathsHalf
    N/A

Interior Details

  • Basement Type
    N/A
  • Basement Floor Type
    N/A
  • Interior Features
    N/A
  • Basement Size
    N/A
  • Basement Square Foot
    N/A
  • Flooring
    N/A

Exterior Details

  • Construction
    N/A
  • Materials
    N/A
  • Roof
    N/A

Amenities

  • Cooling
    N/A
  • Fireplaces
    N/A
  • Fireplace Features
    N/A
  • Exterior Features
    N/A
  • Fencing
    Partially Fenced
  • Sewer
    Public
  • Heating
    N/A
  • Fireplace Locations
    N/A
  • Kitchen Appliances
    N/A
  • View
    N/A
  • Parking Count
    2

Finance

  • Tax Amount
    $3,444
  • Association Fee Annual
    N/A
  • Tax Year
    2016
  • Fee Frequency
    N/A

School Information

  • School District
    Denver 1
  • Elementary
    N/A
  • Middle / Junior
    N/A
  • HighSchool
    N/A

Community Information

  • City
    Denver
  • County
    Denver
  • Association Fee Includes
    N/A
  • Neighborhood
    Sloans Lake/West Colfax
  • State
    CO

Sold History

  • MLS Number: 5196034
    Closed on April 24 2018 for $1,200,000

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This content last updated on 07/26/2017 05:26PM. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.