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 FeaturesElectricity Available, Cable Available
- Utility SourceCity Water, Other Water/Sewer
- Sewer InformationOther Water/Sewer, Community
- Middle SchoolMcauliffe Manual
- Property SubtypeIncome Property
- Lot DescriptionGutters, Level
- Property TypeMulti-Family
- Elementary SchoolGarden Place
- BasementUnfinished
- SubdivisionGlobeville
- MLS #7233580
- MLS #7233580
- High SchoolManual
- CountyDenver
- Cost700000
- Acres0.22
- Square Feet2566
- Year Built1894
- Bedrooms5
- Parking Spaces5
Location
Legal
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information deemed reliable but not guaranteed by the MLS. The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Last Updated: . Source: IRES
Listing Courtesy
Listing Agent: Christopher Mitton (#55053314), Phone: (303) 887-4955
Listing Office: Pinnacle Real Estate Advisors (#M0485)
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.
