4489 Grant St Pending Save Request In-Person Tour Request Virtual Tour
Denver,CO 80216
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Pending
Purchase Type For Sale
Square Footage 2,566 sqft
Price per Sqft $272
Subdivision Globeville
MLS Listing ID 7233580
Bedrooms 5
Year Built 1894
Annual Tax Amount $2,283
Lot Size 9,583 Sqft
Property Sub-Type Income Property
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
Exterior
Garage Spaces 5.0
Fence Partial
Utilities Available Electricity Available,Cable Available
Roof Type Composition
Building
Lot Description Gutters,Level
Story 2
Sewer Other Water/Sewer,Community
Water City Water,Other Water/Sewer
Structure Type Composition Siding
New Construction false
Schools
Elementary Schools Garden Place
Middle Schools Mcauliffe Manual
High Schools Manual
School District Denver 1
Others
Special Listing Condition Private Owner