Active
4489 Grant Street
Denver CO, 80216
$700,000
$272.80 per sqft
Active
5 Beds
3 Baths
2,566 sqft
Multi-family
Built in 1894
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.
7233580
MLSⓇ ID
November 25, 2024
Listed
November 26, 2024
Updated
Map
4489 Grant Street
Denver CO, 80216
Interior Features
Total Stories
2
Bedrooms
5
Total Bathrooms
3
Laundry Description
In Unit
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Steam
Exterior/Building Features
Lot Size
0.22 Acres
Exterior Features
Garden, Private Yard, Rain Gutters
Lot Features
Level
Roof
Composition
Sewer
Community Sewer
School Information
School District
Denver 1
High School
Manual
Elementary School
Garden Place
Other Property Details
Taxes
$2,283
Tax Frequency
Annually
Garage
No
Parking Total
5
View
No
County
Denver
Water Source
Public
Pool
No
Zoning
E-MX-2
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Data last updated 9:12 PM UTC, 11/26/2024
