50
See all 50 photos
$9,500,000
Est. payment /mo
0.36 Acres Lot
Coming Soon
475-501 N Garfield ST Denver, CO 80206
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Coming Soon
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%
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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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Kentwood Real Estate DTC, LLC • malnati@kentwood.com