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$600,000

Beds
2
Baths
1.0
sq ft
1,282

2572 S Vine St, Denver, CO 80210

2572 S Vine St

Denver, CO 80210

  • 31 days on market
    • Price drop $25,000↓
*$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.

Details

Property type

Single Family Residence

Property condition

Fixer

Lot size

6,098.4 sq ft

Price per sq ft

$469

Year built

1948

Annual property taxes

$2,844

Price History

11/07/2024
REColorado

REColorado #6253407

Price change
$600,000
-4%
10/08/2024
REColorado

REColorado #6253407

Listed
$625,000

Schools & Community

Neighborhood: 

University

Elementary school: 

University Park

Middle school: 

Merrill

High school: 

South

High school district: 

Denver 1

Status: Active

Tomo last checked: 11/08/2024 at 1:35 PM

Listing updated: 11/08/2024 at 10:06 AM

Listed by: Michael Csrnko, Kentwood Real Estate Cherry Creek Phone #: (303) 331-1400

MLS: REColorado #6253407

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