Unique Mixed-Use Investment Property in Prime Englewood Location!
$1,100,000
4775 South Broadway, Englewood, CO 80113
5.9
Cap Rate
65,297.16
NOI
Details:
Highlights:
- Unique mix of residential and retail units
- Great visibility on S Broadway for retail building
- Strong rental history
- Well-maintained property with extensive recent updates
- In-unit laundry for residential units
- Low maintenance property
Description:
4775 S Broadway is a unique mixed-use 6-unit property in the desirable Englewood submarket. This is a solid investment opportunity with low maintenance costs and rental upside. The property offers easy access to US-85, Highway 285, Light Rail and is located minutes to SoBo, shopping and hospitals. The property consists of three smaller retail units facing Broadway and three residential units in the back. It is fully occupied and has a strong rental history. The property is well-maintained and has been updated in the past several years. The updates include new roofs for the entire property, new flooring, interior and exterior paint, HVAC and plumbing for some units. All three residential units have washer & dryer in each unit. There are five off-street parking spaces in the front parking lot and two (possibly three) dedicated parking spaces in the alley. Additionally, there is free street parking on Broadway.
Englewood is a thriving city located just seven miles south of downtown Denver and is home to approximately 34,000 residents. As one of the Denver Metro area’s most dynamic and rapidly growing communities, Englewood offers urban convenience while maintaining its small-city character. Englewood is perfectly situated with quick access to downtown Denver, the Denver Tech Center (DTC), and major highways like I-25, US-285, and US-85. The city is served by an extensive public transportation network, including two RTD light rail stations—Englewood Station and Oxford–City of Sheridan Station—providing easy access to key employment hubs. Englewood is a key player in the region’s healthcare sector and is home to two nationally recognized medical facilities, Swedish Medical Center and Craig Hospital. Englewood’s walkable downtown area is a vibrant mix of retail, dining, and entertainment options attracting both residents and visitors.
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