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 |
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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 |
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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 |
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Parking Spaces | 5 |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Steam |
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Cooling | Other |
Fireplace | No |
Stories | Two |
Exterior
Exterior Features | Garden, Private Yard, Rain Gutters |
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Lot Description | Level |
Roof | Composition |
School Information
District | Denver 1 |
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Elementary | Garden Place |
Middle | Mcauliffe Manual |
High | Manual |
Additional Information
Date Listed | November 25th, 2024 |
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Zoning | E-MX-2 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Pinnacle Real Estate Advisors |
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