324 South Newton Street

Denver, CO 80219

$950,000
Price
7
Beds
5
Baths
3,033 Sq. Ft.
$313 / Sq. Ft.
3,033
Sq. Ft.
$313
per Sq. Ft.

Description

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...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.
  1. Listed by Eric Young • Denver Property Team • eric@denverpropertyflip.com,720-252-6888

Property Details for 324 South Newton Street

Structure Type
Quadruplex
Levels
One
Stories
1
Subdivision Name
Belmont Park
Association
No
Basement
No

Location

Listing Courtesy of Denver Property Team, Eric Young
Add your commute
LISTING UPDATED: 04/25/2024 06:05 PM

Property Details for 324 South Newton Street

StatusActive
MLS #2258487
Days on Compass10
Taxes$3,410 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.28 AC / 12,100 SF
CountyDenver County

Location

Listing Courtesy of Denver Property Team, Eric Young
Add your commute

Building Information for 324 South Newton Street

Stories-Residences-Year Built1940Building Size-Lot Size0.28 AC / 12,100 SF

Payment Calculator

$5,469 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,185

Property Taxes

$284

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 324 South Newton Street

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 3033
  • Sqft Total: 3033
  • Living Area (SqFt Finished): 3033
  • Above Grade Finished Area: 3033
  • Living SqFt: 3033
  • Area Source: Public Records
  • PSF Total: 313
  • PSF Above Grade: 313
  • PSF Finished: 313
  • Master on Main: No
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air
  • Cooling: None
  • Laundry Features: In Unit, Laundry Closet, Multiple Locations
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 7
Bathrooms
  • Bathrooms Total: 5
Parking
Parking
  • Attached Garage: No
  • Parking Details: 2 Spaces/Unit
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 10
  • Parking Count: 10
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Munroe
  • Elementary School District: Denver 1
  • Middle Or Junior School: Strive Westwood
  • Middle Or Junior School District: Denver 1
  • High School: West Leadership
  • High School District: Denver 1
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 12100
  • Lot Features: Corner Lot, Level
  • Zoning: E-TU-C
  • Property Exclusions: N/a
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Cement Siding, Frame
  • Roof: Architecural Shingle
  • Common Walls: 2+ Common Walls
  • Exterior Features: Private Yard
  • Patio And Porch Features: Covered, Patio
  • Livable Structure Count: 0
  • Unit Count: 4
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Electric: Electric

Property History for 324 South Newton Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 324 South Newton Street

Taxable ValueLand$13,670Additions$35,430Total$49,100
Tax Record2023$3,805 ($317 / month)
Home Facts
Total Finished SqFt3,033 SqFtAbove Grade Finished SqFt3,033 SqFtStories1Lot Size12,100 SqFtStyleMulti-Family Res (5+ Units)Year Built2003ZoningE-TU-CCountyDENVERAPN05181-03-001-000

Schools near 324 South Newton Street

This home is within Denver County 1 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Charter - 5 to 8
Charter - 6 to 8
Public - 6 to 8
Rating
School
Distance
Munroe Elementary School
PublicPK to 5

Kipp Sunshine Peak Academy
Charter5 to 8

Compass Academy
Charter6 to 8

West Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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324 South Newton Street is a multi-family home for sale in Denver, CO 80219. This property was listed for sale on April 25, 2024 by Denver Property Team, it's currently listed at $950,000. It has been on the market for a total of 10 days and was last sold on June 11, 2012. This listing's school district is Denver County 1 School District. Nearby schools include Munroe Elementary School, Kipp Sunshine Peak Academy and Compass Academy. 324 South Newton Street is a 7-bed, 5-bath, 3,033 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Denver Property Team, Eric Young

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.