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364 S Newton Street

Denver, CO 80219
  • $620,000
  • STATUS: Pending
  • ON SITE: 61 Days
  • ID#: 6489509
Under Contract
UPDATED: 139 min ago
$620,000
  • 3
    BEDS
  • 0.4
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,375
    SQFT
  • $451
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1924
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
REcolorado logo Offered by Compass - Denver.

Description

DON'T MISS THIS INCREDIBLE INVESTMENT/DEVELOPMENT OPPORTUNITY! This property is being sold together with the adjacent lot (372 S Newton Street) which will give you a total of 17,210 square feet, or .40 of an acre total. The current 2 single family properties are income producing with month-to-month tenants, who will need a 30 day notice to vacate. The first home is approx 900 sq ft and has 2 beds, 1 bath, great room, fully remodeled kitchen. The second home is approx. 475 sq ft and has 1 bed, 1 bath, great room, and kitchen. Each lot has its own large private yard. Current rent for the larger home is $1200, current rent for the smaller home is $500. Current rental comps in the area range around $2100 for the larger home, and $1100 for the smaller home. Homes are newer than built in year 1924, we are unsure of the exact year they were built, approximately year 2000. The zoning is E-TU-C. Having both lots will enable you to construct 4 units in this up and coming Belmont Park neighborhood. Zoning can be re-approved to allow for more units. The zone lot amendment has been approved, additional permits will come if and when units are demolished. Architectural drawings are included. location is amazing. You are minutes to shopping, dining, entertainment, and downtown Denver and the newly constructed neighborhood park is just across the street. Build and sell or long term hold possibilities. Lots are very similar to the development on 435 S. Newton for comparison for development. Call today!

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Licensed in the State of Colorado, USA

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 The Colorado Foothills Team | Berkshire Hathaway Elevated Living Real Estate 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.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2022 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.coloradofoothillsliving.com/homes/129874585
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364 S Newton Street Denver, CO 80219

  • Price: $620,000
  • Status: Pending
  • On Site: 61 Days
  • Updated: 139 min ago
  • ID#: 6489509
3
Beds
2
Baths
0
½ Baths
0.4
Acres
1,375
SQFT
$451
$/SQFT
1924
Built
Neighborhood:
Belmont Park
County:
Denver
Area:
Denver
Elementary School:
Munroe
Middle School:
Kepner
High School:
John F. Kennedy
School District:
Denver 1
Property Description
DON'T MISS THIS INCREDIBLE INVESTMENT/DEVELOPMENT OPPORTUNITY! This property is being sold together with the adjacent lot (372 S Newton Street) which will give you a total of 17,210 square feet, or .40 of an acre total. The current 2 single family properties are income producing with month-to-month tenants, who will need a 30 day notice to vacate. The first home is approx 900 sq ft and has 2 beds, 1 bath, great room, fully remodeled kitchen. The second home is approx. 475 sq ft and has 1 bed, 1 bath, great room, and kitchen. Each lot has its own large private yard. Current rent for the larger home is $1200, current rent for the smaller home is $500. Current rental comps in the area range around $2100 for the larger home, and $1100 for the smaller home. Homes are newer than built in year 1924, we are unsure of the exact year they were built, approximately year 2000. The zoning is E-TU-C. Having both lots will enable you to construct 4 units in this up and coming Belmont Park neighborhood. Zoning can be re-approved to allow for more units. The zone lot amendment has been approved, additional permits will come if and when units are demolished. Architectural drawings are included. location is amazing. You are minutes to shopping, dining, entertainment, and downtown Denver and the newly constructed neighborhood park is just across the street. Build and sell or long term hold possibilities. Lots are very similar to the development on 435 S. Newton for comparison for development. Call today!
Exterior Features

Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Private Yard Fencing Full Garage YN No Lot Size Area 0.4 Lot Size Square Feet 17424 Parking Total 3 Road Frontage Type Public Road Road Surface Type Paved Roof Composition Structure Type House

Interior Features

Basement YN No Bathrooms Full 2 Bathrooms Half 0 Bathrooms One Quarter 0 Heating Baseboard Heating YN Yes Levels One Living Area Sq Ft 1375 Rooms Full Bath (Main Level) Full Bath (Main Level) Bedroom (Main Level) Bedroom (Main Level) Bedroom (Main Level) Rooms Total 5 Three Quarter Baths 0

Property Features

Above Grade Finished Area 1375 Association YN No Construction Materials Vinyl Siding Contingency None Known Exclusions Tenant's Personal Property. Home Warranty YN No Listing Terms CashConventional1031 Exchange Ownership Corporation/Trust Property Sub Type Single Family Residence Senior Community YN No Sewer Community/Coop Sewer Special Listing Conditions None Tax Annual Amount 416 Tax Year 2021 Utilities Cable AvailableElectricity Connected Zoning E-Tu-C

REcolorado logo Listing courtesy of Compass - Denver:303-536-1786. MLS #6489509


Licensed in the State of Colorado, USA

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 The Colorado Foothills Team | Berkshire Hathaway Elevated Living Real Estate 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.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2022 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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The Colorado Foothills Team | Berkshire Hathaway Elevated Living Real Estate
29029 Upper Bear Creek Rd
Evergreen CO, 80439
REcolorado logo Offered by Compass - Denver.