2572 S Vine St Active

Denver,CO 80210

$ 625000

2 Beds

1 Bath

1282 SqFt


Key Details

Property Type Single Family Home

Sub Type Residential-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,282 sqft

Price per Sqft $487

Subdivision University

MLS Listing ID 6253407

Style A-Frame,Ranch

Bedrooms 2

Full Baths 1

Year Built 1948

Annual Tax Amount $2,844

Lot Size 6,098 Sqft

Property Description

Income-Producing Gem 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. The property is perfectly offset by nearby green spaces including Harvard Gulch Trail and S.R. Deboer Park. Pre-Inspected.

Location

State CO

County Denver

Area Metro Denver

Zoning E-SU-DX

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplaces Type None

Laundry Main Level

Exterior

Garage Spaces 1.0

Fence Fenced

Utilities Available Electricity Available,Cable Available

Waterfront false

Roof Type Fiberglass

Building

Lot Description Level

Story 1

Sewer City Sewer,Public Sewer

Water City Water

Structure Type Wood/Frame

New Construction false

Schools

Elementary Schools University Park

Middle Schools Merrill

High Schools South

School District Denver 1

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