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2144 N Vine ST Denver, CO 80205
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Key Details
Sold Price $1,210,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 3677160
Sold Date 12/08/23
HOA Y/N No
Originating Board recolorado
Year Built 1906
Annual Tax Amount $6,688
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
Property Description
2144 Vine is a turnkey 5-unit property that’s located just two blocks west of Denver’s City Park. This charming conversion features a strong unit mix of four 1-bedrooms and one 2-bedroom, with each of the units boasting recent updates to the kitchens, bathrooms, flooring, and fixtures. The recent addition of an in-unit washer/dryer in one of the units led to a $150/month rent increase and can be replicated on the remaining four units. The apartments present practical layouts and a clear path for a new owner to convert the two main level 1-bedroom units into 2-bedrooms to push rents even further. The building also offers common area laundry in the basement, a large covered front porch and a neighborhood rarity of one parking space per unit. The building property presents an excellent opportunity for an investor to purchase an updated, strategically positioned 5-unit property for well below the market average of price per square foot in Central Denver.
Location
State CO
County Denver
Zoning U-SU-B1
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
Roof Type Architecural Shingle
Total Parking Spaces 5
Garage No
Building
Lot Description Landscaped, Near Public Transit
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with LIV Sotheby's International Realty