$875,000 Price Analysis    ♡   Denver, CO 80219 7 bed 5 bath 3,033 SqFt ($288/SqFt) 0.28 acre lot. Built 1940 Listed 2024-04-25, Taxes $3,410 | Ⓧ USDA Ineligible due to price & location near Denver |
4 Plex income property with central location across from Four Winds Park.
Great invest ment or house hack property. All but one of the existing tenants have been in the property for over 5 years, have never missed a paymnt 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. $15, 000 in seller concessions offered for rate buy down
Presented by ERIC YOUNG at
Denver Property Team.
Property MLS #2258487 from REcolorado
Full Bathrooms: 5
Patio And Porch Features: Covered, Patio
Road Responsibility: Public Maintained Road
Lot Size Acres: 0.28
Lot Size Square Feet: 12100
Elementary School District: Denver 1
High School: West Leadership
High School District: Denver 1
Middle School: Strive Westwood
Middle or Junior School District: Denver 1
Map directions Map directions Map directions Map directionsTenant Pays: Cable TV, Internet, Telephone
Source Listing Status: Active
County: Denver
Directions: Map 324 S Newton St, Denver CO 80219 on any modern mapping application.
Tax Year: 2022
Source Property Type: Residential Income
Source Neighborhood: Belmont Park
Owner Pays: Electricity, Gas, Grounds Care, Taxes, Trash Collection, Water
Parcel Number: 5181-03-001
Subdivision: Belmont Park
Zoning: E-TU-C
Property Subtype: Quadplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $28,080 + $14,800 $42,880 | $3,410 |
| 2021 | $29,530 + $15,560 $45,090 | $3,364 |
| 2020 | $26,250 + $9,630 $35,880 | $2,662 |
| 2019 | $26,250 + $9,630 $35,880 | $2,587 |
| 2018 | $19,440 + $8,950 $28,390 | $2,196 |
| 2017 | $19,440 + $8,950 $28,390 | $2,189 |
| 2016 | $9,730 + $10,720 $20,450 | $1,667 |
| 2015 | $9,730 + $10,720 $20,450 | $1,597 |
| 2014 | $7,830 + $3,710 $11,540 | $958 |
| 2013 | $7,830 + $3,710 $11,540 | $958 |
| 2012 | $9,463 + $5,357 $14,820 | $1,245 |
| 2010 | $9,463 + $5,357 $14,820 | $1,638 |
| 2009 | $21,917 + $2,683 $24,600 | $1,602 |
| 2008 | $21,917 + $2,683 $24,600 | $1,650 |
| 2007 | $20,587 + $4,123 $24,710 | $1,653 |
$875,000
REcolorado
Price Changed 2024-07-16
$870,000
REcolorado
Price Changed 2024-06-18
$880,000
REcolorado
Price Changed 2024-06-03
$890,000
REcolorado
Price Changed 2024-05-13
$900,000
REcolorado
Listed 2024-04-25
$950,000
REcolorado
Sold 2012-07-17
$132,000
Public Record
Sold 1994-01-18
$40,000
Public Record
Operating Expense Includes: Insurance, Maintenance, Real Estate Tax, Utilities
Year Built: 1940
Above Grade Finished Area: 3033
Common Walls: 2+ Common Walls
Construction Materials: Cement Siding, Frame
Foundation Details: Concrete Perimeter
Levels: One
Property Age: 84
Roof: Architectural Shingles
Structure Type: Quadruplex
Electricity Connected
Natural Gas Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.