1390-1396 Newton Street, Denver, CO 80204

  • 0 BedBeds
  • 0 Baths
  • 0 Full BathFull Baths
  • 0 Half BathHalf Baths
  • Sqft
  • Land
  • Active
  • MLS# 5196034
  • mls board disclosure THE KENTWOOD COMPANY
0 More Schedule

$1,300,000

  • Price Reduced

Property Description1390-1396 Newton Street, Denver, CO 80204


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!

Interested in this property

Property Details1390-1396 Newton Street, Denver, CO 80204

Listing courtesy of: THE KENTWOOD COMPANY

General Features

Lot Size  0.2900

Interior Features

 

Exterior / Lot Features

Parking  Driveway-Concrete
ZONING  G-MU-5

Schools

School District  Denver 1
Elementary 
Middle 
High 

Financial Considerations

Tax Amount  $3,444
Tax Year  2016

Directions

Colfax to Newton south one block on SE corner

Financing My Home

MORTGAGE CALCULATOR

Results


Monthly insurance : $0.00
Monthly taxes : $0.00
Monthly payment : $0.00
Total monthly payment : $0.00

Request More Information

Area Map

add
Zoom In
remove
Zoom Out
fullscreen
Full Screen
fullscreen_exit
Exit Full Screen
radio_button_unchecked
location_on

Neighborhood Report

Similar Listings

mls board disclosure

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 RE/MAX Alliance 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. [more]

keyboard_arrow_up