Denver, CO 80216,4489 Grant St
Denver, CO 80216,4489 Grant St
Denver, CO 80216,4489 Grant St
10
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$700,000
Est. payment /mo
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5 BD
3 BA
2,566 SqFt
Active

4489 Grant St Denver, CO 80216

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UPDATED:

11/26/2024 08:42 PM

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 2,566 sqft

Subdivision Globeville

MLS Listing ID 7233580

Bedrooms 5

HOA Y/N false

Abv Grd Liv Area 2,566

Originating Board REcolorado

Year Built 1894

Annual Tax Amount $2,283

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

Area Metro Denver

Zoning E-MX-2

Rooms

Other Rooms Outbuildings

Basement Unfinished

Exterior

Garage Spaces 5.0

Fence Partial

Utilities Available Electricity Available, Cable Available

Roof Type Composition

Handicap Access Level Lot

Porch Patio

Building

Lot Description Gutters, Level

Story 2

Sewer Other Water/Sewer, Community

Water City Water, Other Water/Sewer

Level or Stories Two

Structure Type Composition Siding

New Construction false

Schools

Elementary Schools Garden Place

Middle Schools Mcauliffe Manual

High Schools Manual

School District Denver 1

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner


Information and Real Estate Services (IRES)
Listed by Pinnacle Real Estate Advisors • cmitton@pinnaclerea.com,303-887-4955

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Jerid Wempen

Broker

+1(720) 297-4020

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4489 Grant St