1-15 Newton Street Denver, CO ^$ 1,395,000

1-15 Newton Street

^$ 1,395,000

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1-15 Newton Street

Denver, CO, 80219

^$ 1,395,000

Bedrooms12 Baths4.0 Sq 3,056

Monthly Estimate*

^$ 9,272

Listed by Altos Realty Advisors, Inc.

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Multi-Family Home for sale in Denver, CO

for $1,395,000 with 12 bedrooms and 4 full baths. This 3,056 square foot home was built in 1953 on a lot size of 0.36.

Brand new roof and gutters !! Welcome to your next investment opportunity in Denver's bustling Barnum area! This listing presents a rare chance to acquire two side-by-side duplexes, sold together for maximum potential. Each unit boasts a spacious layout with two bedrooms upstairs, providing comfortable living spaces for residents. Additionally, the basement features a non-conforming bedroom, offering versatility and ample room for various living arrangements. Convenience meets functionality with double-long single-car garages for each unit, ensuring ample parking and storage space. The expansive backyard is a standout feature, providing residents with a private outdoor retreat. As an added bonus, a separate storage/garage structure located at the back of the property offers additional storage options and potential for extra income for the property. Currently occupied, these duplexes offer immediate rental income potential, making them an attractive investment opportunity. Don't miss out on the chance to own these well-maintained properties in Denver's thriving Barnum area. Reach out today to schedule a viewing and explore the endless possibilities that await you!

Multi-Family Active

Price

^$ 1,395,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,906

Style

Contemporary

Lot Size

0.36

Year Built

1953

Town/City

Denver

County/Region

Denver

MLS | Web ID

4940383

Features

General

Sewer Public Sewer

Heating Forced Air

Cooling None

Utilities Electricity Connected Natural Gas Connected

Roof Composition

Exterior Features Private Yard

Garage Spaces 4

Architectural Style Contemporary

Construction Materials Frame

Exclusions Tenants personal property

Year Built 1953

Tenant Pays Electricity Gas Trash Collection Water

View City

Levels Two

Property SubType Quadplex

Tax Year 2022

Percent Ownership Individual

Gross Income 100704

Building Name 1-15 Newton St

County Denver

Operating Expense 25494

Property Type Residential Income

HOA / Comm Assn N

Attached Garage Y

Subdivision Name Barnum

Status Active

High School West Leadership

City Denver

Buyer Agent Compensation 2.25

Senior Community Y/N N

High School District Denver 1

Lot Size Units Square Feet

Lot Size Square Feet 15640

Carport Spaces 0

Street Name Newton

Listing Terms 1031 Exchange Cash Conventional

Elementary School Newlon

Tax Annual Amount 4906

Home Warranty Y/N N

Middle/Junior High School Strive Westwood

Structure Type Quadruplex

Standard Status Active

Occupancy Type Tenant

Middle/Junior School District Denver 1

Elementary School District Denver 1

Cap Rate 6.8

Buyer Agent Compensation Type %

Interior

Basement Partial

Common Walls 1 Common Wall

Basement (Y/N) Y

Above Grade Finished Area 3056

Street Suffix Street

Total Bedrooms 12

Below Grade Finished Area 0

Total Baths 4

Exterior

Water Source Public

Total Parking 4

Lot Size Area 15640

Building Area Total 3056

Lot Size Acres 0.36

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 1

* Excluded Features

List By

Altos Realty Advisors, Inc.

Broker

(720) 392-5663

Phone

Affordability Calculator

$9,680

Per Month

Monthly Principal & Interest: $9,272
Monthly Property Taxes: $409
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Denver, CO

Average List Price ^$1,080,422

Percent of Sale Price 23%

About Denver, CO

24,748 Population

9% Since 2002

^$36,940 Median Income

38.83 Median Age

13% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3043166 Elementary School

3445617 Middle School

West Leadership High School High School

Pricing History

Date	Price	Price Change	Description
5/20/2024	$1,295,000	-7.17%	Price Down
3/28/2024	$1,395,000	-3.79%	Price Down
3/8/2024	$1,450,000		Listed Price

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1-15 Newton Street, Denver, CO, 80219 is a Multi-Family Home for sale at $1,395,000 with 3,056 sqft and a lot size of 0.36. 1-15 Newton Street has 12 bedrooms, 4.0 baths, and was built in 1953. The property's zip code is 80219 which is in Denver, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data eXchange (IDX) Program of the REcolorado. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/1/2024.

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1-15 Newton Street

Multi-Family Home for sale in Denver, CO

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