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    4775 Broadway Englewood, CO 80113

    Sponsored
    For Sale
    $1,100,000

    6-Unit Building, High ROI, Updated

    Property size:
    3,233 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    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.

    Property Features for 4775 Broadway

    General Information

    Property type
    Multifamily properties
    Square Feet
    3,233 SF

    Building Details

    Year Built
    1966
    Units
    6

    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.
    • Residential units feature in‑unit laundry.
    • Low‑maintenance building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Simply Grand Cleaning Window Cleaning Service The Jewelry District- Denver Jeweler Denver Chair Lady Upholstery Shop The Bladerunner micro salon Barber Shop Simplified IT Computer Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.9882885
    Latitude
    39.6299158

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    FAQs

    What type of property is this?
    Multifamily property - 6-Unit Building, High ROI, Updated
    Where is this multifamily property located?
    The property is located at 4775 Broadway Englewood, CO.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Mixed-use property with residential and retail components.; High-visibility retail space on South Broadway.; Proven rental income history.
    Request Owner's contact information
    4775 Broadway Englewood, CO 80113
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4775 Broadway Englewood, CO 80113
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