Start of property details
4489 Grant St Street
Denver, 80216
FOR
SALE
$700,000
Active
5
Beds3
Baths2,566
Sq.Ft.0.22
Acres1894
Yr. BuiltMLS# 7233580
Cumulative Days on Market: Less than 1
(since
November 25th, 2024)
Data provided by the MLS.
Property Details
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.
Property Highlights
Price
$700,000
Property Type
Residential Income
Property Sub Type
Triplex
Bedrooms
5
Total Bathrooms
3
Living Area
2,566
Price / Sq Ft
$273
Acres
0.22
Year Built
1894
Condition
Updated/Remodeled
Location
County
Denver
Subdivision
Globeville
Zoning
E-MX-2
Property Details
Condition
Updated/Remodeled
Price
$700,000
Property Sub Type
Triplex
Property Type
Residential Income
Building
Levels
Two
Structure Type
Triplex
Total Area
2,566
Community
Local Schools
Elementary School
Garden Place
High School
Manual
Middle School
Mcauliffe Manual
School District
Denver 1
Interior Features
Bedrooms and Bathrooms
Bedrooms
5
Total Bathrooms
3
Rooms and Basement
Basement Features
Unfinished
Has Basement
Yes
Area and Spaces
Above Grade Finished Area
2,566
Interior Features
Laundry Features
In Unit
Heating and Cooling
Heating Features
Steam
Building Details
Construction
Year Built
1894
Materials
Construction Materials
Cement Siding
Roof
Composition
Terms
Commercial
Cap Rate
5.15
Terms
Exclusions
Tenants personal Property
Ownership
Individual
Special Conditions
None
Special Terms
1031 Exchange, Cash, Conventional, FHA, Other, VA Loan
Taxes
Tax
Tax (Annual)
$2,283
Heating, Cooling & Utilities
Cooling Features
Other
Utilities
Sewer
Community Sewer
Utilities
Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available, Phone Connected
Water Source
Public
Lot
Acres
0.22
Lot Features
Level
Lot Size
9,375
Lot Size Area Sq Ft
9,375
Exterior Features
Exterior Features
Garden, Private Yard, Rain Gutters
Fencing
Partial
Patio And Porch Features
Covered, Front Porch
Parking
Total Parking Spaces
5
Listed by Pinnacle Real Estate Advisors, cmitton@pinnaclerea.com, 303-887-4955.
Listing Data last updated 11/25/2024 02:02 PM
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Property History
Today
Status Active. This is the date the listing was placed on market.
739613 days ago
Date of last price change
739613 days ago
Date Sold
739613 days ago
Property information last updated
NOTE: Cumulative Days on Market: Less than 1.
Data provided by the MLS.
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Listing Data last updated: 11/25/2024 02:02 PM
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Listed by Pinnacle Real Estate Advisors
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