4733 Vine Street, Denver, CO 80216

$630,000
6
BD
3
BA
1,705
SqFt

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Courtesy of A Better Way Realty . laura@abetterwayrealty.com,720-808-1012

Selling Office: Your Castle Real Estate Inc.

Sold Price
$630,000
List Price
$630,000
Closing Date
Feb 01, 2024
Type
Multifamily
Status
CLOSED
MLS Number
1947522
Finished Sqft
1,705
Above Grade Sqft
1705
Total Sqft
1705
Subdivision
Elyria
Sub-Area
Elyria
Year Built
1893

Property Description

Come and see this turnkey triplex with great rents in fast-developing Elyria-Swansea neighborhood! So much is being built within walking distance at or near the National Western Stock Show Complex. All 3 units have been renovated and updated with long-lasting neutral LVP flooring and fresh paint as each lease turns. Each unit features its own fully fenced front yard patio and dedicated back alley parking space. Each unit has its own water heater and furnace. Rents are excellent and may even have a tiny bit of room for improvement in one of the units. Priced to cash flow for a worthy investment. Overall expenses are relatively low and stable. Many major repairs and improvements have been made under current ownership. All furnaces are aged 2019 and newer. Gutters have been replaced. Currently professionally managed - increase your cash flow even more by self-management or living in one of the units! Room for additional income - shared laundry is currently not monetized, and there is room to add storage in the side yard to also monetize. Leases range from one year starting Sept. 2023 down to month-to-month. Fully occupied. Tenant pays electric/gas, internet.

Additional Information

School District
Denver 1
Elementary School
Swansea
Middle School
DSST: Cole
High School
Manual
Parking Features
Concrete
Style
Contemporary
Basement
Crawl Space, Unfinished
Lot Size
5,750
Acres
0.13
Taxes
$2,409
Tax Year
2022

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