4489 Grant Street

Denver, CO 80216

$700,000
Price
5
Beds
3
Baths
2,566 Sq. Ft.
$273 / Sq. Ft.
2,566
Sq. Ft.
$273
per Sq. Ft.

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....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.
  1. Listed by Christopher Mitton • Pinnacle Real Estate Advisors • cmitton@pinnaclerea.com,303-887-4955

Property Details for 4489 Grant Street

Structure Type
Triplex
Levels
Two
Stories
2
Subdivision Name
Globeville
Association
No
Basement
Yes
LISTING UPDATED: 11/26/2024 01:36 PM

Property Details for 4489 Grant Street

StatusActive
MLS #7233580
Days on Compass22
Taxes$2,283 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1894
Lot Size0.22 AC / 9,375 SF
CountyDenver County

Building Information for 4489 Grant Street

Stories-Residences-Year Built1894Building Size-Lot Size0.22 AC / 9,375 SF

Property Information for 4489 Grant Street

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 2566
  • Sqft Total: 2566
  • Living Area (SqFt Finished): 2566
  • Above Grade Finished Area: 2566
  • Living SqFt: 2566
  • Sq Ft Apx: 0
  • Below Grade Unfinished Area: 0
  • Area Source: Public Records
  • PSF Total: 273
  • PSF Above Grade: 273
  • PSF Finished: 273
  • Master on Main: No
  • Basement: Unfinished
  • Heating: Steam
  • Cooling: Other
  • Laundry Features: In Unit
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 5
Bathrooms
  • Bathrooms Total: 3
Unit Information
Unit 1
  • Unit Type: 2 Bedroom
  • Units Total: 2
  • Unit Average Rent: $1,655.00
  • Beds Total: 2
  • Baths Total: 1
Unit 2
  • Unit Type: 1 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,435.00
  • Numberof Parking Per Unit: 2
  • Beds Total: 1
  • Baths Total: 1
Parking
Parking
  • Attached Garage: No
  • Parking Type: Off-Street
  • Parking Description: Off-Street-5
  • Parking Details: 5
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 5
  • Parking Count: 5
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Garden Place
  • Elementary School District: Denver 1
  • Middle Or Junior School: Mcauliffe Manual
  • Middle Or Junior School District: Denver 1
  • High School: Manual
  • High School District: Denver 1
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 9375
  • Lot Features: Level
  • Zoning: E-MX-2
  • Fencing: Partial
  • Property Exclusions: Tenants personal Property
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 1
  • Number of Out Buildings: 1.0
  • Horse: No
Building Information
  • Construction Materials: Cement Siding
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Exterior Features: Garden, Private Yard, Rain Gutters
  • Patio And Porch Features: Covered, Front Porch
  • Livable Structure Count: 0
  • Unit Count: 2
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available, Phone Connected
  • Sewer: Community Sewer
  • Electric: Electric, Separate Meter Electricity

Property History for 4489 Grant Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4489 Grant Street

Taxable ValueLand$21,440Additions$8,020Total$29,460
Tax Record2023$2,283 ($190 / month)
Home Facts
Total Finished SqFt2,566 SqFtAbove Grade Finished SqFt2,566 SqFtStories2Lot Size9,375 SqFtStyleMulti-Family Res (5+ Units)Year Built1894ZoningE-MX-2CountyDENVERAPN02221-33-029-000

Schools near 4489 Grant Street

This home is within Denver County 1 School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 8
Public - 6 to 8
Charter - 6 to 8
Rating
School
Distance
Garden Place Elementary School
PublicPK to 6

Whittier K-8 School
PublicPK to 8

Mcauliffe Manual Middle School
Public6 to 8

Dsst: Cole
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4489 Grant Street is a multi-family home for sale in Denver, CO 80216. This property was listed for sale on November 25, 2024 by Pinnacle Real Estate Advisors, it's currently listed at $700,000. It has been on the market for a total of 22 days and was last sold on September 8, 2021. This listing's school district is Denver County 1 School District. Nearby schools include Garden Place Elementary School, Whittier K-8 School and Mcauliffe Manual Middle School. 4489 Grant Street is a 5-bed, 3-bath, 2,566 sqft multi-family home built in 1894.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pinnacle Real Estate Advisors, Christopher Mitton

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.