2238 Newton Street, Denver, CO 80211

Property Description

Two Lots for Sale! Build Your Dream Home Near Sloan’s Lake with Income Potential! Seize this rare opportunity to own two side-by-side lots just blocks from Sloan’s Lake & Park—Denver’s premier outdoor oasis! Perfect for building your custom dream home in one of the city’s most desirable neighborhoods. These spacious lots offer endless possibilities, with an existing remodeled cottage generating rental income, making it a smart investment for today and your future plans. Lot Size: 6,350 sq. ft. (50 ft x 127 ft) Zoning: Single-family with Accessory Dwelling Unit (ADU) allowed. Location, Location, Location: Situated just 2.5 blocks north of Sloan’s Lake and 5 blocks east from the park, this peaceful pocket of the neighborhood stands out for its tranquility. With streets that dead-end at the lake, there’s no through traffic, ensuring a quiet, serene living experience while remaining close to all the nearby amenities, outdoor activities, and attractions. Existing Cottage with Rental Income: At the rear of the lot, a charming and recently remodeled 640 sq. ft. cottage currently generates $1,775/month in rental income. The tenant is responsible, maintains the property well, and would love to stay on a month-to-month basis until the new owner is ready for possession. This provides immediate income as you plan and build your primary home. Additional Features: Seller is willing to maintain landscaping and snow removal until possession if desired. Utilities: New copper water service line installed in January 2025, and a new sewer line was added a few years ago. Future Potential: A garage could easily be added to the south of the cottage for additional convenience. The lot’s only large cottonwood tree, while beautiful, is aging and will need to be removed to make room for the main home—clearing the way for your custom build. Dream it. Build it. Live it. Don’t miss out!