Homes for sale - 475-501 N Garfield ST, Denver, CO 80206

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Cody Walker

cody@sourceofhome.com +1(970) 528-0604

$9,500,000

Est. payment - /mo

0.36 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 9450288

HOA Y/N No

Originating Board recolorado

Year Built 1947

Annual Tax Amount $23,943

Tax Year 2024

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Multi Family

Property Description

Located in the highly desirable Cherry Creek North neighborhood, this exceptional multifamily property presents a rare investment opportunity to acquire a well-maintained, two-building portfolio in the heart of Denver, Colorado. Offering a total of 34 thoughtfully designed residences, the property consists of 10 two- bedroom, one-bathroom units and 24 two-bedroom, one-bathroom units, each crafted to provide both comfort and modern convenience. Every apartment features a fully equipped kitchen with storage, a designated dining area, and a spacious, light-filled living room that creates an inviting atmosphere. The full bathrooms, complete with bathtubs, provide residents with a classic and functional layout. Throughout the units, a seamless blend of contemporary updates and original hardwood flooring enhances the charm and character of the spaces. Shared laundry facilities add an extra layer of convenience, catering to the needs of tenants. Positioned on generous corner lots along a quiet, tree-lined street, the property offers a serene residential setting while remaining just minutes from the vibrant energy of Cherry Creek North. Renowned for its high-end boutiques, award-winning restaurants, and bustling entertainment scene, the neighborhood is one of Denver's most sought-after destinations. With easy access to parks, walking trails, and major thoroughfares, this prime location ensures an exceptional living experience for residents and a highly attractive opportunity for investors.
OFFERED AT $9,500,000 | PROFORMA CAP RATE 5.12%

Location

State CO

County Denver

Zoning G-RH-3

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Membrane

Total Parking Spaces 5

Garage No

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Kentwood Real Estate DTC, LLC • malnati@kentwood.com

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Cody Walker

+1(970) 528-0604

Agent | FA.100072314

Agent FA.100072314

475-501 N Garfield ST Denver, CO 80206

Cody Walker

Key Details

Location

Interior

Exterior

Building

Others

Get More Information