39.735954 -105.03661
1266 Newton Street Denver CO 80204 255012737 39.735954 -105.03661 30105 /listing/255012737-151082055/1266-newton-street-denver-co-80204 False 0 465000.0 102 102 2096901 False 0.14 0.14

1266 Newton Street

Denver, CO 80204 MLS# 2096901

Closed 10/30/19

255012737 True False 39.735954 -105.03661 30105 /listing/255012737-151082055/1266-newton-street-denver-co-80204 False 0 465000.0 102 2096901 False 47389419 0
$465,000
MLS# 2096901
Closed 10/30/19
  1. Listed on 10/30/19
  • 0.14 Acres
1266 Newton Street Denver, CO 80204 MLS# 2096901
Closed 10/30/19
255012737 39.735954 -105.03661 30105 /listing/255012737-151082055/1266-newton-street-denver-co-80204 False 0 465000.0 102 2096901 False
$465,000
  • 0.14 Acres
  1. Listed on 10/30/19
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Description

***PRIME DEVELOPMENT OPPORTUNITY*** 6245 SF lot zoned G-MU-3. Architectural site development plan (SDP) approval from the City of Denver has been issued, Mylars recording # 2018144451. This puts this property on a fast track to obtain a building permit and commence construction. The SDP includes 4 townhouses, each consisting of 1650 square feet and a rooftop deck. Of significance, this property type (a/k/a 'slot homes') pre-dates the new zoning amendment; it is no longer possible to develop 4 townhouses of this size on a similar lot with G-MU-3 zoning. In addition, the property is within the "Opportunity Zone". Further, this property is currently tenant occupied with a monthly rent of $1750; updates to the interior were made in 2015. This allows the buyer to be patient with putting this property in their 'development cue' while concurrently receiving rent and obtaining a building permit. An electronic copy of the SDP submittal and photos of the interior are available upon request.

Courtesy Of Keller Williams Realty Urban Elite
Listing Information
  • Property Type: Land
  • Property Subtype: Unimproved Land
  • Special Listing Conditions: None Known
  • Ownership: Individual
  • Possession: Closing/DOD
  • Current Use: Multi-Family
Interior Features
  • Exclusions: personal property
Parking/Garage
  • Total Reserved Spaces: 0
  • Total RV Spaces: 0
  • Total Offstreet Spaces: 0
  • Total Carport Spaces: 0
Community/Neighborhood Information
  • Distance To Light Rail: 2.00
  • Distance To Light Rail Units: Blocks
  • Distance To Bus Units: Blocks
  • Distance To Other Transit Units: Blocks
  • Distance to Bus: 4.00
  • Walk Score: 47
HOA
  • Has Multiple HOAs YN: N
  • HOA YN: N
Financial Considerations
  • Tax Amount: 1567.00
  • Tax Year: 2017
  • Tax ID: 5061-18-003
Exterior & Lot Features
  • Zoning: G-MU-3
  • Faces: East
  • Access: Public Road
  • View: City
  • Road Responsibility: Public Maintained Road
  • Road Surface: Paved
Utilities & Green Home Features
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
Schools Near 1266 Newton Street Denver, CO
District: Denver 1
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3550 W 38th Avenue Suite 20

DENVER, CO 80211
(720) 234-5134 (303) 458-0100
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