1 Newton St, Denver, CO 80219

Property Description

75K Price Reduction!! Motivated Seller!! Brand New Roof, Gutters & Fresh Exterior Paint! 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 6.19% cap rate on actuals, with room to push to a 7.05% 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.