Start of property details

Share this property:
PRINT LINK
Previous Next
See all 26 Photos
Map View
Gallery
Share
Payments
Request a Showing
324 S Newton Street
Denver, 80219
FOR
SALE
$950,000
For Sale
7
Beds
5
Baths
3,033
Sq.Ft.
0.28
Acres
MLS# 2258487
Cumulative Days on Market: 17 (since April 25th, 2024) Data provided by the MLS.

Property Details

4 Plex income property with central location across from Four Winds Park. All but one of the existing tenants have been in the property for over 5 years, have never missed a payment, and have updated leases through May 2025. The fourth unit renter will be moving out on June 1st, 2024. Live in one unit and rent the other 3 units, or rent out the 4th unit to a new tenant. This property is turnkey income producing on day 1. Property has new shingle roof and new exterior paint. All units have laundry and dishwasher included. Elevated lot with view of downtown, mountains, and close proximity to public transportation.

Get Directions
Print Flyer

Ask a Local Expert

Submit Question

Property Highlights

Price
$950,000
Property Type
Residential Income
Property Sub Type
Quadplex
Total Bathrooms
5
Year Built
1940
Acres
0.28

Location

County
Denver
Subdivision
Belmont Park
Zoning
E-TU-C

Property Details

Price
$950,000
Property Sub Type
Quadplex
Property Type
Residential Income

Building

Levels
One
Structure Type
Quadruplex
Total Area
3,033

Community

Local Schools

Elementary School
Munroe
High School
West Leadership
Middle School
Strive Westwood
School District
Denver 1

Interior Features

Bedrooms and Bathrooms

Bedrooms
7
Total Bathrooms
5

Area and Spaces

Above Grade Finished Area
3,033
Living Area
3,033

Interior Features

Laundry Features
In Unit, Laundry Closet, Multiple Locations

Heating and Cooling

Heating Features
Forced Air

Building Details

Construction

Foundation
Concrete Perimeter
Year Built
1940

Materials

Construction Materials
Cement Siding, Frame
Roof
Architecural Shingle

Terms

Commercial

Cap Rate
5.53

Terms

Exclusions
N/a
Ownership
Individual
Special Conditions
None
Special Terms
1031 Exchange, Cash, Conventional, FHA, VA Loan

Taxes

Tax

Tax (Annual)
$3,410

Heating, Cooling & Utilities

Cooling Features
None

Utilities

Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Connected
Water Source
Public

Lot

Acres
0.28
Lot Features
Corner Lot, Level
Lot Size
12,100
Lot Size Area Sq Ft
12,100

Exterior Features

Exterior Features
Private Yard
Patio And Porch Features
Covered, Patio

Parking

Total Parking Spaces
10
Listed by Denver Property Team, eric@denverpropertyflip.com, 720-252-6888.
Listing Data last updated 05/10/2024 11:16 AM
Get a Link to this Property: Copy To Clipboard
QR Code link to this property

Phone:
Connect with:

Payment Calculator

per month. Fixed. % interest.
per month
Total interest paid over s will be:
Principal & Interest
Home Insurance
Property Tax
HOA Fees
All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 13-May-2024 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by open source mortgage calculation software tools using common mathematical formulas. Copyright © 2024 Buying Buddy. All calculations should be independantly verified.
Get Walk Score Content

Property History

17 days ago
Property information last updated
17 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 17. Data provided by the MLS.

Similar Properties

Listings courtesy of REcolorado as distributed by MLS GRID IDX information is provided exclusively 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 deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 05/10/2024 11:16 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
Listing Data last updated: 05/10/2024 11:16 AM
Equal Housing Opportunity
Privacy Policy
Service by Buying Buddy® IDX CRM
Copyright © 2003 – 2024 Buying Buddy. All rights reserved.
324 S Newton Street – MLS#2258487 – $950,000
Listed by Denver Property Team
{"property_id":"denver_2258487","AboveGradeFinishedArea":"3033","AccessibilityFeatures":null,"Appliances":null,"ArchitecturalStyle":null,"AssociationAmenities":null,"AssociationFee":null,"AssociationFeeFrequency":null,"AssociationFeeIncludes":null,"AssociationYN":"0","AttributionContact":"eric@denverpropertyflip.com, 720-252-6888","Basement":null,"BasementYN":"0","BathroomsFull":null,"BathroomsHalf":null,"BathroomsOneQuarter":null,"BathroomsThreeQuarter":null,"BelowGradeFinishedArea":null,"BuilderModel":null,"BuilderName":null,"BuyerOfficeName":null,"BuyerFinancing":null,"CapRate":"5.53","CityRegion":null,"CommonInterest":null,"CommunityFeatures":null,"ComplexName":null,"ConstructionMaterials":"Cement Siding, Frame","Contingency":null,"Cooling":"None","CountyOrParish":"Denver","CoveredSpaces":null,"CurrentFinancing":null,"DevelopmentName":null,"DevelopmentStatus":null,"DirectionFaces":null,"DoorFeatures":null,"Electric":null,"ElementarySchool":"Munroe","Exclusions":"N\/a","ExteriorFeatures":"Private Yard","Fencing":null,"FireplaceFeatures":null,"FireplaceYN":null,"FireplacesTotal":null,"Flooring":null,"FoundationDetails":"Concrete Perimeter","GarageSpaces":null,"GreenBuildingVerificationType":null,"GreenEnergyEfficient":null,"GreenEnergyGeneration":null,"GreenIndoorAirQuality":null,"GreenLocation":null,"GreenSustainability":null,"GreenWaterConservation":null,"Heating":"Forced Air","HighSchool":"West Leadership","HorseAmenities":null,"HorseYN":null,"Inclusions":null,"IndoorFeatures":null,"InteriorFeatures":null,"InternetAddressDisplayYN":null,"LaundryFeatures":"In Unit, Laundry Closet, Multiple Locations","Levels":"One","ListAgentFullName":"Eric Young","ListAgentEmail":null,"ListingTerms":"1031 Exchange, Cash, Conventional, FHA, VA Loan","LivingArea":null,"LotFeatures":"Corner Lot, Level","LotSizeArea":"12100.00","LotSizeDimensions":null,"LotSizeSquareFeet":"12100.00","MainLevelBathrooms":null,"MainLevelBedrooms":null,"MiddleOrJuniorSchool":"Strive Westwood","Model":null,"NewConstructionYN":null,"NumberOfUnitsTotal":null,"OtherParking":null,"Ownership":"Individual","ParkingFeatures":null,"ParkingTotal":"10","PatioAndPorchFeatures":"Covered, Patio","PoolFeatures":null,"PoolYN":null,"PoolPrivateYN":null,"PropertyAttachedYN":"0","PropertyCondition":null,"PropertySubType":"Quadplex","public_remarks":"4 Plex income property with central location across from Four Winds Park.  All but one of the existing tenants have been in the property for over 5 years,  have never missed a payment,  and have updated leases through May 2025.  The fourth unit renter will be moving out on June 1st,  2024.  Live in one unit and rent the other 3 units,  or rent out the 4th unit to a new tenant.  This property is turnkey income producing on day 1.  Property has new shingle roof and new exterior paint.  All units have laundry and dishwasher included.  Elevated lot with view of downtown,  mountains,  and close proximity to public transportation.","Roof":"Architecural Shingle","RoomsTotal":null,"SchoolDistrict":"Denver 1","SecurityFeatures":null,"seller_office_id":null,"SeniorCommunityYN":"0","Sewer":"Public Sewer","SkiFeatures":null,"SpaFeatures":null,"SpaYN":null,"SpecialListingConditions":"None","StandardStatus":null,"StateRegion":null,"StoriesTotal":null,"StructureType":"Quadruplex","TaxAnnualAmount":"3410.00","Utilities":"Electricity Connected, Natural Gas Connected","View":null,"ViewYN":null,"VirtualTourURLUnbranded":null,"WalkScore":null,"WaterBodyName":null,"WaterSource":"Public","WaterfrontFeatures":null,"WaterfrontYN":null,"WindowFeatures":null,"YearBuilt":"1940","Zoning":"E-TU-C","ZoningDescription":null,"property_uid":"REC2038004909","listing_status":"active","mls_status":"Active","mls_id":"denver","listing_num":"2258487","acreage":null,"acres":"0.28","address":null,"address_direction":"S","address_flg":"1","address_num":"324","agent_id":"032687","area":null,"baths_total":"5.00","bedrooms_total":"7","car_spaces":"0","city":"Denver","coseller_id":null,"coagent_id":null,"days_on_market":null,"finished_sqft_total":"3033","geocode_address":"324 S Newton Street","geocode_status":null,"lat":"39.71092107","lon":"-105.03686167","office_id":"M3513","office_name":"Denver Property Team","orig_price":"950000","photo_count":"26","previous_price":null,"price":"950000","prop_img":"\/listing\/photos\/denver\/2258487-0.jpeg","property_type":"Residential Income","sqft_total":"3033","state":"CO","street_type":"Street","street_name":"Newton","sub_area":"Belmont Park","unit":null,"zip_code":"80219","listing_dt":"2024-04-25","undercontract_dt":null,"openhouse_dt":null,"price_change_dt":null,"seller_id":null,"sold_dt":null,"sold_price":null,"webapi_update_dt":null,"update_dt":"2024-04-25 18:06:24","create_dt":"2024-04-25 18:04:48","marketing_headline_txt":null,"use_marketing_description_txt":null,"marketing_description_txt":null,"showcase_layout":null,"mortgage_calculator":null,"property_history":null,"marketing_account_id":null}
 

Start of list of properties

0 Properties Found
–
  • No Min
  • No Max
Price Listings date Bedrooms Bathrooms
Listings courtesy of REcolorado as distributed by MLS GRID IDX information is provided exclusively 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 deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 05/10/2024 11:16 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
Listing Data last updated: 05/10/2024 11:16 AM
Equal Housing Opportunity
Privacy Policy
Service by Buying Buddy® IDX CRM
Copyright © 2003 – 2024 Buying Buddy. All rights reserved.

2017-12-20