$600,000
For Sale

2572 S Vine Street

Denver, CO 80210
1282 sqft | 2 beds | 1 bath | 0.14 acres | #6253407
Listing OfficeKentwood Real Estate Cherry Creek
Browse 18 photos
Type:Purchase
Structure:House
Zone:Residential

Description

*$25,000 Price Reduction on this Income-Producing property 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. Located near Harvard Gulch Trail and S.R. Deboer Park. Pre-Inspected.

  • Interior Details
      • InteriorBreakfast Nook, Ceiling Fan(s), No Stairs, Open Floorplan
    • Beds & Baths
      • Bedrooms2
      • Bathrooms1
      • Full Baths1
  • Property Details
      • Exterior MaterialsPrivate Yard
      • Lot DescriptionLevel
    • Measurements
      • Acres0.14
      • Square Feet1282
    • Parking
      • Parking Spaces1
  • Construction Details
      • BasementCrawl Space
      • Property TypePurchase
    • Condition
      • Year Built1948
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Electricity Connected, Natural Gas Connected
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionUniversity
    • Location
      • Elementary SchoolUniversity Park
      • School DistrictDenver 1
      • Middle SchoolMerrill
      • CountyDenver
      • High SchoolSouth
  • Financial Details
      • Original List Price$625,000
      • Taxes Annual$2,844
  • Other
      • MLS #6253407

Location

Jack Torres | THE TORRES GROUPReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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