Denver CO Multi Family for Sale
$700,000
4489 Grant Street Denver, CO 80216
- Type:
- Triplex
- Sq.Ft.:
- 2,566
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.22 Acres
- Year built:
- 1894
- Baths:
- 3.00
- MLS#:
- 7233580
- Subdivision:
- Globeville
View additional info
Courtesy: Pinnacle Real Estate Advisors
303-962-9555
ADDITIONAL INFORMATION
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.
$525,000
4926 Sherman Street Denver, CO 80216
- Type:
- Duplex
- Sq.Ft.:
- 1,242
- Status:
- Active
- Beds:
- 3
- Year built:
- 1896
- Baths:
- 1.00
- MLS#:
- 4600042
- Subdivision:
- Globeville
View additional info
Courtesy: Coldwell Banker Global Luxury Denver
303-758-7611
ADDITIONAL INFORMATION
Discover Your Perfect Investment or Home in Globeville Welcome to a unique opportunity in Denver’s desirable Globeville neighborhood! This beautifully renovated property features a licensed main home and an ADU (Accessory Dwelling Unit), both approved rental units by the City of Denver. Whether you’re seeking a smart investment or a versatile living arrangement, this property has it all. Main Features Two Income-Generating Units: Main House (Upper Level): Recently vacant, previously rented for $2,100/month. ADU (Lower Level): Separate entrance, Recently rented for $1,250/month. Offers flexibility to use as a rental or connect through interior stairs for personal use as a basement. Must see this private backyard that backs to open space. Enjoy breathtaking city views from the expansive newer deck, perfect for entertaining or relaxing. A second backyard with an oversized flagstone patio provides additional outdoor space to unwind. Unparalleled privacy with no backyard neighbors thanks to the adjacent open space of Argo Park. Modern Updates: The main kitchen boasts newer stainless steel appliances and quartz countertops. The ADU features a remodeled 3/4 bathroom, butcher block countertops, and newer appliances. Upgraded systems include a new furnace, water heater, and electrical panel for peace of mind. Prime Location: Situated alongside the trails and green space of Argo Park, this property offers easy access to recreation and tranquility just steps from your door. It’s only a short walk to Globeville’s vibrant amenities while still feeling like a private retreat. Ideal for investors: Generate immediate rental income. Perfect for homeowners: Live in one unit and offset your mortgage with rental income from the other. Don't miss out on this rare chance to own a versatile property in a prime Denver location. Schedule a viewing today! Easy to show as both sides are vacant
Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Denver Real Estate
The median home value in Denver, CO is $291,750. This is lower than the county median home value of $531,900. The national median home value is $338,100. The average price of homes sold in Denver, CO is $291,750. Approximately 46.44% of Denver homes are owned, compared to 47.24% rented, while 6.33% are vacant. Denver real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Denver real estate agent to arrange a tour today!
Denver, Colorado 80216 has a population of 706,799. Denver 80216 is less family-centric than the surrounding county with 28.55% of the households containing married families with children. The county average for households married with children is 32.72%.
The median household income in Denver, Colorado 80216 is $78,177. The median household income for the surrounding county is $78,177 compared to the national median of $69,021. The median age of people living in Denver 80216 is 34.8 years.
Denver Weather
The average high temperature in July is 88.9 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 16.7 inches per year, with 60.2 inches of snow per year.