2572 S Vine ST Active Save Request In-Person Tour Request Virtual Tour
Denver,CO 80210
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,282 sqft
Price per Sqft $487
Subdivision University
MLS Listing ID 6253407
Style A-Frame
Bedrooms 2
Full Baths 1
Year Built 1948
Annual Tax Amount $2,844
Tax Year 2023
Lot Size 6,098 Sqft
Property Description
Income-Producing Gem with Prime Redevelopment Potential Near University of Denver! Welcome to 2572 S. Vine Street, an exceptional opportunity in Denver?s highly desirable University neighborhood! This charming 2-bedroom, 1-bathroom ranch-style home offers both immediate rental income and long-term redevelopment potential. Nestled on a generous lot and set within a quiet, tree-lined street, this property combines the perfect balance of proximity to Denver's urban amenities and all the outdoor activities Colorado has to offer. Interior features include gleaming hardwood floors that flow seamlessly throughout the home. The layout is efficient, with two spacious bedrooms and one full bath, but it?s the potential of the entire home that truly shines. Outside, a detached garage with alley access adds convenience, while the sizable backyard opens up future redevelopment possibilities. Whether you?re a developer looking to capitalize on Denver?s growing demand or an investor seeking a solid income-producing property, the generous lot size makes it an ideal candidate for expansion, redevelopment, or customization to meet future market trends. Key Investment Features include: Income-Producing - Currently rented, this home provides immediate cash flow potential, making it a turnkey investment for savvy buyers; Redevelopment Potential - With the ever-evolving Denver real estate market, this home sits on a prime lot ripe for redevelopment. Explore options to expand or transform this property into a multi-unit or customized living space (subject to city approval and any and all current government regulations). The location is ideal being just a short walk from several centers of employment including: the University of Denver, Swedish Medical, Craig Hospital, and Advent health. This home is an ideal rental property with several possible future exit strategies. The property is perfectly offset by nearby green spaces including Harvard Gulch Trail and S.R. Deboer Park. Pre-Inspected.
Location
State CO
County Denver
Zoning E-SU-DX
Interior
Heating Forced Air
Cooling None
Flooring Wood
Exterior
Exterior Feature Private Yard
Garage Exterior Access Door
Garage Spaces 1.0
Fence Full
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected
Roof Type Architecural Shingle
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools University Park
Middle Schools Merrill
High Schools South
School District Denver 1
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,VA Loan
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
Special Listing Condition None