2229-2231 Newport Street

Denver, CO 80207

Incomes Property  $634,000  Sold

05-18-2019 02:52pm

Property Description

Tremendous rental/investment opportunity to own a rare side-by-side duplex in Park Hill with attached garage for each unit. Rent both or live in one side and rent/AirBnb the other! Recently updated with fresh paint, new cabinets, stainless steel appliances and butcher block countertops. Upstairs, both units have nicely sized bedrooms and a shared bathroom. Main floor is bright and airy with hardwood floors adding both character and convenience. 2229 has a basement bedroom with egress window as well. Both units have large, private fenced yards. Each side of this property is easily rentable with a stellar location near Johnson and Wales, Denver School of the Arts and easy access to Stapleton Town Center and I70. Blocks way from Park Hill neighborhood favorites: Friction Beer Co, Tables, Cake Crumbs and Oneida Park Shopping Center (which will soon be home to a second Denver Central Market!) as well as several parks. Highly rated Stapleton schools! Heart of E. Park Hill!

Listing Details

MLS#
9779235
MLS Originator
REcolorado (Denver)
Off Market Date
04-19-2019 12:00am
Original Price
$639,000
Nearby Attraction
Near Public Transit

Property Details

Property
Income
Property Subtype
Income
Status
Sold
Status Conditions
None Known
Last Update
05-18-2019 02:52pm
Bedrooms
5
Bathrooms
4
SqFt
2954
Year Built
1948
Der PSF Total
214.62

Map

Property Level and Sizes

SqFt Lot
6500.00
SqFt Finished
2954
SqFt Basement
1000
SqFt Above
1954

Financial Details

Sold Price
$634,000
Previous Year Tax
$2,562
Terms and Conditions
Cash, Conventional, Exchange, Jumbo, VA
Owner Paid Utilities
None
Transaction Type
For Sale

Interior Details

Interior Features
Cable Available, Remodeled
Appliances
Dishwasher, Disposal, Refrigerator (Kitchen), Stove/Range/Oven
Flooring
Carpet, Tile Floor, Wood
Cooling
None
Heating
Forced Air
Heating Fuel
Gas

Room Details

Laundry Availability
W/D Hookups in Unit,Washer/Dryer Included

Exterior Details

General
Near Public Transit
Features
Fence, Front Porch, Yard
Base Type
Standard
Base Finished
Yes
Base Floor Plan
Structural
Base Size
Full
Basement Finished %
95
Parking Spaces
2
Parking Features
Driveway-Concrete
Vehicle Spaces
4
Type
# of Space
L x W
Description
Garage (Attached)
2
-
Off-Street
2
-

Exterior Construction

Building Type
Duplex (all units)
Structure
Multi-Level
Roof
Composition Shingles
Construction
Brick, Vinyl Siding
Architectural Style
Traditional
Exterior Features
Fence, Front Porch, Yard
Construction Method
Brick
Builder Source
County Records

Schools

School District
Denver 1
Elementary School
Westerly Creek
Middle School
McAuliffe International
High School
Northfield

Condominium Projections

Annual Actual Expenses
3200
Annual Projected Expenses
3200
Annual Actual Income
36000
Annual Projected Income
48000
Annual Actual Net Income
32800
Annual Projected Net Income
44800
Unit Furnished
0

Land Details

PPA
4226666.67
Lot Width
0.00
Road Surface
Paved Road

Listing Media

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Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 2229-2231 Newport Street, Denver, CO 80207
- Property Type: Incomes Property, 5 beds, 4 baths, 2954 SqFT
- Sold Price: $634,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$0 (0)
$0 (0)
$0 (0)
$0 (0)
Area 2 (1-2 miles)
$0 (0)
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Area 3 (2-3 miles)
$0 (0)
$400,000 (1)
$400,000 (1)
$400,000 (1)
Area 4 (3-5 miles)
$0 (0)
$400,000 (1)
$400,000 (1)
$400,000 (1)

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