4489 Grant Street
Denver, CO 80216
2566 sqft | 5 beds | 0.22 acres | #7233580
Description
Introducing an exceptional investment opportunity in Denver, Colorado - 4489 Grant Street. This historic 2,566 SF multi-use building, offers three spacious units in mixed used E-MX-2 zoning. Priced at $700,000 with an as-is 5.15% Cap Rate and first year Cap rate at 6.68% this property presents compelling potential for multifamily or high-rise investors looking to capitalize on Denver's growing market.
With concept plans in place, this property provides development opportunities in a prime location. Surrounded by a robust demographic with an average household income of $114,004 within a 1-mile radius, this property is a promising investment. For those seeking a strategic move in the bustling Denver real estate market, 4489 Grant Street stands as a promising venture in a thriving community.
Property Details
- Utility FeaturesCable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available,
- Exterior MaterialsGarden, Private Yard, Rain Gutters
- Property ConditionUpdated/Remodeled
- Middle SchoolMcauliffe Manual
- Sewer InformationCommunity Sewer
- Property TypeMulti-Family
- Elementary SchoolGarden Place
- BasementUnfinished
- SubdivisionGlobeville
- School DistrictDenver 1
- Original List Price$700,000
- MLS #7233580
- Property SubtypeTriplex
- MLS #7233580
- Structure TypeTriplex
- Utility SourcePublic
- High SchoolManual
- CountyDenver
- Taxes Annual$2,283
- Cost700000
- Lot DescriptionLevel
- Acres0.22
- Square Feet2566
- Year Built1894
- Bedrooms5
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Christopher Mitton (#REC55053314)
Listing Office: Pinnacle Real Estate Advisors (#RECM0485)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
