Denver, CO 80216,4489 Grant ST
Denver, CO 80216,4489 Grant ST
Denver, CO 80216,4489 Grant ST
Denver, CO 80216,4489 Grant ST
Denver, CO 80216,4489 Grant ST
Denver, CO 80216,4489 Grant ST
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$ 700,000
Est. payment | /mo

5 Beds

3 Baths

2,566 SqFt


Save
$ 700,000
Est. payment | /mo
Save

5 Beds

3 Baths

2,566 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,566 sqft

Price per Sqft $272

Subdivision Globeville

MLS Listing ID 7233580

Bedrooms 5

HOA Y/N No

Abv Grd Liv Area 2,566

Originating Board recolorado

Year Built 1894

Annual Tax Amount $2,283

Tax Year 2023

Lot Size 9,583 Sqft

Acres 0.22

Property 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.

Location

State CO

County Denver

Zoning E-MX-2

Rooms

Basement Unfinished

Interior

Heating Steam

Cooling Other

Fireplace N

Laundry In Unit

Exterior

Exterior Feature Garden, Private Yard, Rain Gutters

Fence Partial

Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available, Phone Connected

Roof Type Composition

Total Parking Spaces 5

Garage No

Building

Lot Description Level

Sewer Community Sewer

Water Public

Level or Stories Two

Structure Type Cement Siding

Schools

Elementary Schools Garden Place

Middle Schools Mcauliffe Manual

High Schools Manual

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Other, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Other, VA Loan

Special Listing Condition None

REColorado (REColorado MLS)
Listed by Pinnacle Real Estate Advisors • cmitton@pinnaclerea.com,303-887-4955
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4489 Grant ST