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.
Room Features
BasementUnfinished
Lot & Building Features
SewerOther Water/Sewer, Community
Tax Year2023
WaterCity Water, Other Water/Sewer
LotGutters, Level
Community and Schools
Elementary SchoolGarden Place
Junior High SchoolMcauliffe Manual
Senior High SchoolManual
Unit Features
Unit 1 - DS Bedrooms2
Unit 1 - DS Rent1655
Unit 1 - DS Total Baths1
Unit 2 - DS Bedrooms1
Unit 2 - DS Rent1435
Unit 2 - DS Total Baths1
Price History of 4489 Grant, Denver, CO
Date
Name
Price
Difference
11/25/2024
Listing Price
$700,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
4489 Grant (MLS #7233580) is a residential income listing located in Denver, CO.
This residential income listing is 2,566 sqft and on a lot of 9,375 sqft (or 0.22 acres) with 5 bedrooms, 3 baths and is 130 years old. This property was listed on 11/25/2024 and has been priced for sale at $700,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: Pinnacle Real Estate Advisors
