2590 Gray St - Multi-Family FOR SALE


Edgewater, CO 80214
$550,000 USD
720-989-7727
2590 Gray St, Edgewater, CO for Sale
$550,000 USD
Multi-Family - FOR SALE
1/11
null | 5.75% Cap Rate

2590 Gray St
Edgewater, CO 80214


HIGHLIGHTS

  • Great Edgewater Location
  • Corner lot zoned for multi-family
  • Rent until you redevelop

OVERVIEW

An exceptional investment or owner-occupant opportunity in the heart of Edgewater — just steps from Sloan’s Lake, Edgewater Marketplace, and the city’s vibrant Main Street lined with local favorites like Edgewater Beer Garden, Edgewater Inn, and Suzette Bakery & Cafe. This unique property features two separate homes on one 6,621 sq. ft. lot, offering versatile income potential and future development possibilities. Zoned R-PD (Residential Planned Development), this lot allows for multi-family construction, making it ideal for investors, builders, or house hackers looking to generate rental income while planning their next project. Property Highlights Two detached homes — separately metered for utilities Front home: 2 bedrooms, 2 bathrooms, small yard, off-street parking Rear home: 2 bedrooms, 1 bathroom, small yard Both homes currently vacant — perfect for owner-occupant, new tenants, or redevelopment Homes are clean and rentable as-is Walk to Edgewater’s charming downtown, local bakery, brewery, and restaurants. Enjoy convenient access to Denver, Highlands, Sloan’s Lake, Edgewater Marketplace, and the foothills — all within minutes.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$381 USD /SF

# OF UNITS

2

PRICE/UNIT

$275,000

CAP RATE

5.75%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2590 Gray St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1932

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,621 SF

ZONING

R-PD

APN/PARCEL ID

39-361-07-023

ASK ABOUT THIS PROPERTY

Brad UhligWest Peak Properties.comMore Info
720-989-7727

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Brad UhligWest Peak Properties.comMore Info
720-989-7727

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.