2144 N Vine ST Denver, CO 80205

2144 Vine is a turnkey 5-unit property that’s located just two blocks west of Denver’s City Park. This charming conversion features a strong unit mix of four 1-bedrooms and one 2-bedroom, with each of the units boasting recent updates to the kitchens, bathrooms, flooring, and fixtures. The recent addition of an in-unit washer/dryer in one of the units led to a $150/month rent increase and can be replicated on the remaining four units. The apartments present practical layouts and a clear path for a new owner to convert the two main level 1-bedroom units into 2-bedrooms to push rents even further. The building also offers common area laundry in the basement, a large covered front porch and a neighborhood rarity of one parking space per unit. The building property presents an excellent opportunity for an investor to purchase an updated, strategically positioned 5-unit property for well below the market average of price per square foot in Central Denver.