1 Newton St Denver, CO 80219
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 3,625 sqft
Subdivision Barnum
MLS Listing ID 1974627
Style Contemporary/Modern
Bedrooms 12
HOA Y/N false
Abv Grd Liv Area 4,367
Year Built 1953
Annual Tax Amount $4,906
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Income Property
Source REcolorado
Property Description
Here's your chance to own two side-by-side duplexes in Denver's fast-growing Barnum neighborhood-offering strong in-place income, stylish renovations, and upside potential that's 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 third-perfect 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 5.8% cap rate on actuals, with room to push to a 6.64% cap in the near term-supported 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 Denver's most accessible and evolving neighborhoods.
Reach out to schedule your tour-opportunities like this don't sit long.
Location
State CO
County Denver
Area Metro Denver
Rooms
Other Rooms Outbuildings
Basement Partial
Interior
Heating Forced Air
Exterior
Garage Spaces 4.0
Utilities Available Electricity Available
View City
Roof Type Composition
Building
Story 2
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Two
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Newlon
Middle Schools Strive Westwood
High Schools West Leadership
School District Denver 1
Others
Senior Community false
Special Listing Condition Private Owner
