2572 S Vine Street, Denver, CO 80210

$585,000
2
BD
1
BA
1,053
SqFt

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Courtesy of Kentwood Real Estate Cherry Creek . MikeC@kentwood.com,303-710-5011

Selling Office: LEGACY REALTY.

Sold Price
$585,000
List Price
$600,000
Closing Date
Jan 22, 2025
Type
Single Family Residential
Status
CLOSED
MLS Number
6253407
Bedrooms
2
Bathrooms
1
Finished Sqft
1,053
Above Grade Sqft
1053
Total Sqft
1053
Subdivision
University
Sub-Area
University
Year Built
1948

Property 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.

Additional Information

Taxes
$2,844
School District
Denver 1
Elementary School
University Park
Middle School
Merrill
High School
South
Garage Spaces
1
Parking Spaces
1
Parking Features
Exterior Access Door
Style
A-Frame
Basement
Crawl Space
Type
Single Family Residence
Sewer
Public Sewer
Lot Size
6,098
Acres
0.14

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