4470 Newton Street Bldg , Unit

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Active Denver, CO 80211 MLS# 7668760 Listed by Rachel Kennedy on 04/13/2023
$1,225,000
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Single Family Property Type
4 Bedroom
3 Bathroom
2 Garage
2395.00 Sq Ft
0.13 Acres
1922 Year Built

Overview

//// Berkeley Bungalow + ADU //// Welcome home to this amazing opportunity to own a completely remodeled bungalow in the hot Berkeley neighborhood–blocks away from Tennyson St with popular dining/bars/shops–with income opportunity to boot! Upon entering the main house you will be welcomed into the open-concept living space featuring genuine hardwood floors throughout the entire first floor. The kitchen has been completely remodeled and offers quartz countertops, stainless steel appliances, breakfast bar, and subway tile backsplash. Two bedrooms and an oversized bathroom finish out the main floor. Downstairs you will find the third bedroom, an expansive space perfect for the primary suite, office/flex space or guestroom. A nicely appointed 3/4 bath and additional storage round out the main house. Sitting atop the 2 car garage is the 1 bedroom + bonus space, 1 bath ADU. Construction was completed in 2019 on the ADU/garage. Nicely appointed with modern finishes this bonus space is opportunity for a mother-in-law suite, long-term or short-term rental income. The ADU features a full stainless steel kitchen, breakfast bar, in-unit laundry, radiant floor heat, and Navien tankless water heater. Sellers have generated $2300 a month in rent as a long-term rental and is always extremely easy to rent. ADU has one off-street parking space and private yard space (6ft fencing fully divides the yard between the main house and the ADU). Want to bring in even more rental income? Live in the ADU and rent the main house which can easily yield over $3k per month in rent. This opportunity is the definition of house hacking–you can generate income to supplement your housing costs! The main house features newly poured concrete patio and driveway and astro turfed backyard. Please see supplements for a full list of features and upgrades in both the home and ADU.

New Home Sales Hours

Courtesy Of eXp Realty, LLC
Source: REcolorado

View On REcolorado

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    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective
    Basement Details
    • Basement? Yes
    • Basement Full
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features Living Room,Wood Burning,Wood Burning Stove
    • No. of Fireplaces 1
    Square Foot Details
    • SqFt 2,395
    • Living Area, Finished 2,185
    • Above grade, Finished 1,535
    • Basement, Finished 650
    • Basement, Unfinished 210
    • PSF Total $511.48
    • PSF Finished $560.64
    • PSF Above Grade $798.05
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances Dishwasher,Disposal,Dryer,Microwave,Oven,Refrigerator,Tankless Water Heater,Washer
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls
    • Exclusions Seller's Personal Property. Shed, Stand-alone freezer, Garage shelves, Security cameras
    • Flooring Carpet,Tile,Wood
    • Furnished
    • Interior Features
    • Laundry Availability In Unit
    • Security Features Carbon Monoxide Detector(s)
    • Spa Features
    • Window Features Double Pane Windows

    Room Details

    Bathroom Details Total Bathrooms: 3
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms: 4
    More Room Details

    Unit Information

    Summary

    • Number of Units
    • Number of Units Furnished
    • Number of Units Vacant
    • Unit Features
    Single Unit Details

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces West
    • Horse Amenities
    • Horse Property
    • Levels One
    • Stories
    • Structure Type House
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture Bungalow
    • Construction Materials Frame,Wood Siding
    • Foundation Details
    • Roof Composition
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features Garden,Private Yard
    • Fencing Full
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features Patio
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features Level
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 0.13
    • Lot Size Dimensions
    • Lot Size SqFt 5,662.80
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $9,423,076.92
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access
    • Road Responsibility
    • Road Surface

    Parking/Garage

    Parking Space Summary

    • Parking Features
    • Total Parking Spaces 2
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 0
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling Attic Fan,Central Air
    • Green Energy Efficient
    • Heating Baseboard,Forced Air,Natural Gas,Radiant Floor
    • HVAC Description Forced air/baseboard
    Green Ratings
    Power Production Details
    Sewer
    • Sewer Public Sewer
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available 1
    • Water Source Public
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities
    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $0
    1st HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    Restrictions & Covenants
    • Pets Allowed
    • Rentals Allowed
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate
    • Cap Rate Calculation
    Actual expense details
      Commission Information
      • Buyer Agency Compensation 2.50%
      • Compensation Offered
      • Dual Variable Compensation No
      • Commission Modified
      • Closing Comments
      Income details
      • Actual Annual Net Income $
      • Gross Income $
      • Income Includes
      • Income Includes Description
      Landleasing details
      • Land Lease Amount
      • Land Lease Amount Frequency
      • Land Lease?
      Projected
      • Other Annual Income $
      • Potential Rental Income Annual $
      • Projected Annual Expense $
      • Projected Annual Net Income $
      • Projected Gross Income $
      • Projected Gross Operating Income $
      • Projected Gross Scheduled Income $
      • Vacancy Credit Losses
      Tax details
      • Annual Tax $4,695
      • Legal Description CARLSON ADD 02191 B2 L1 & 2
      • Tax Exemptions
      • Tax ID 2191-29-004
      • Tax Year 2021
      Other
      • Tenant Pays
      • Utilities Metering
      • Utilities Paid By Tenant

      Neighborhood

      Summary

      • Building Name
      • Development Name
      • Park Name
      • Senior Community No
      • Subdivision Berkeley
      New Home Community
      • Community Description
      • Community MLS #
      • Community Name
      • Community Opening
      • Community Website
      • Current Promotions
      • Development Status
      • Directions from Agent
      • Move In Date
      • New Home Available Options
      • New Home Land MLS #
      • New Home Plan MLS #
      Zoning Details
      • Current Use
      • Incorporated? No
      • Zoning U-SU-C1
      • Zoning Jurisdiction

      Other

      Business Details
      • Business Amenities
      • BusinessDescription
      • BusinessType
      • Year Established
      History
      • Original List Price $1,295,000
      Partial Ownership Details
      • Partial Ownership Amount
      • Week Remarks
      • Weeks Available
      Other
      • Home Warranty
      • Ownership Individual
      • Possession Close Plus 30 to 60 Days
      • Special Listing Conditions None Known
      • Year Built 1922

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      School Zone

      District: Denver 1
      Schools: Centennial Elementary School, North High School, Denver Montessori Middle School

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