5260 Newton Street, Denver, CO 80221 (MLS # 3853519)

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PRICE $499,000 BEDS 4 BATHS 2 HOME SIZE 1,336 sqft LOT SIZE 7,406 sqft Request More Info Schedule a Showing

Charming Bungalow with four bedrooms near Regis University and Tennyson Street. This updated home offers a great opportunity for an end user but also exciting opportunities for income and development. Development Potential! Preliminary approval has been granted to build three units on the expansive lot, offering an exceptional opportunity for investors or those looking to expand their real estate portfolio in Denver's thriving market. As you enter, you'll be greeted by a bright and inviting living area that seamlessly transitions into a cozy dining alcove, adjacent to the tastefully updated kitchen. The lower level features a versatile basement complete with a fully equipped second kitchen. This addition is ideal for guest accommodations, a tenant suite, etc, offering a fantastic opportunity for generating additional income. Set on a spacious lot, the property boasts a large backyard"”a rare find in this highly sought-after neighborhood. The property also includes a one-car garage accessible from the rear, providing plenty of storage and parking space. Positioned near highly acclaimed schools, including the newly established Ricardo Flores Magon Academy. Enjoy proximity to trendy restaurants, boutiques, and all necessary amenities, with easy access to I-70 for a convenient commute.