This exceptional 6-unit multifamily property, located at 4775 S Broadway in Englewood, Colorado, presents a compelling investment opportunity. The 3,233 square foot building, constructed in 1966, sits on a 6,250 square foot lot and boasts a strong 5.70% cap rate with a current NOI of $62,607. The asking price is $1,100,000 ($340.24/sq ft). The property features a unique mix of three retail units facing Broadway and three residential units at the rear, all currently occupied and exhibiting a solid rental history. Recent updates include new roofs, flooring, interior and exterior paint, and HVAC and plumbing upgrades in select units. Each residential unit includes in-unit laundry. Parking is provided by five off-street spaces in the front lot and two to three dedicated spaces in the alley, supplemented by ample street parking on Broadway. This well-maintained property benefits from its prime location, offering easy access to US-85, Highway 285, and light rail, placing it minutes from South Broadway, shopping, and hospitals. Englewood itself is a thriving community, conveniently located seven miles south of downtown Denver, known for its blend of urban convenience and small-town charm, and its proximity to major employment centers and healthcare facilities. This property offers low maintenance costs and potential rental upside, making it an attractive investment in a rapidly growing market.
Highlights
Mixed-use property with residential and retail components.
High-visibility retail space on South Broadway.
Proven rental income history.
Excellent condition with recent capital improvements.
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Contacts
Oxana Eremiants
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4775 Broadway, Englewood, Colorado, 80113
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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4775 Broadway
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