$1,300,000
$75k
1-15 Newton St, Denver, CO 80219
- 12Beds
- 4Baths
- 4367SqFt
- 12Beds
- 4Baths
- 4367SqFt
- Property TypeCondo
- Year Built1953
- Price per Sqft$298
- On highrises112 Days
- Garage4 Cars
Property Details
75K Price Reduction!! Motivated Seller!! Brand New Roof, Gutters & Fresh Exterior Paint! Heres your chance to own two side-by-side duplexes in Denvers fast-growing Barnum neighborhoodoffering strong in-place income, stylish renovations, and upside potential thats already being realized. Each unit has been recently turned and upgraded with modern kitchens featuring quartz or granite countertops, stainless steel appliances, and sleek cabinetry. Upstairs you'll find two bright bedrooms, while the partially finished basements add a thirdperfect for additional living space or rental flexibility. The freshly painted exterior gives the property a crisp, contemporary curb appeal. Tenants enjoy deep single-car garages, generous private backyards, and a detached rear garage/storage structure that is rented out for extra income. All four units are occupied and cash-flowing. The property is performing at a 6.19% cap rate on actuals, with room to push to a 7.05% cap in the near termsupported by proven market rent, with one unit already leased at $2, 400/month. Whether you're a seasoned investor or just expanding your portfolio, this is a turnkey opportunity in one of Denvers most accessible and evolving neighborhoods. Reach out to schedule your touropportunities like this dont sit long.
Property Features
Bedrooms
- Bedrooms: 12
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Christopher Kooij
- state license#100089624
- Brokered by:
- Altos Realty Advisors, Inc.
- (303) 747-4782