4489 Grant Street, Denver, CO

$700,000

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5

Beds

3

Baths

2,566

Square feet

0.22

Acres

About 4489 Grant Street

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.

Features of 4489 Grant Street

MLS® # 7233580
Price $700,000
Bedrooms 5
Bathrooms 3.00
Square Footage 2,566
Acres 0.22
Year Built 1894
Type Residential Income
Sub-Type Triplex
Status Pending

Community Information

Address 4489 Grant Street
Subdivision Globeville
City Denver
County Denver
State CO
Zip Code 80216

Amenities

Utilities Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available, Phone Connected
Parking Spaces 5
Is Waterfront No
Has Pool No

Interior

Heating Steam
Cooling Other
Fireplace No
Stories Two

Exterior

Exterior Features Garden, Private Yard, Rain Gutters
Lot Description Level
Roof Composition

School Information

District Denver 1
Elementary Garden Place
Middle Mcauliffe Manual
High Manual

Additional Information

Date Listed November 25th, 2024
Zoning E-MX-2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePinnacle Real Estate Advisors

Listing Map

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