Denver, CO 80205,2144 N Vine ST
Denver, CO 80205,2144 N Vine ST
Denver, CO 80205,2144 N Vine ST
Denver, CO 80205,2144 N Vine ST
Denver, CO 80205,2144 N Vine ST
Denver, CO 80205,2144 N Vine ST
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$1,210,000

$1,250,000

3.2%
Est.Price: ?

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Est. payment /mo

6,098 Sqft Lot


SOLD DATE : 12/08/2023

Key Details

Sold Price $1,210,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 3677160

Sold Date 12/08/23

HOA Y/N No

Originating Board recolorado

Year Built 1906

Annual Tax Amount $6,688

Tax Year 2023

Lot Size 6,098 Sqft

Acres 0.14

Property Description

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.

Location

State CO

County Denver

Zoning U-SU-B1

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected

Roof Type Architecural Shingle

Total Parking Spaces 5

Garage No

Building

Lot Description Landscaped, Near Public Transit

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by NorthPeak Commercial Advisors, LLC • conner@northpeakcre.com,303-818-1805
Bought with LIV Sotheby's International Realty

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Matt Thomas

Consultant | Broker Associate | FA100030130

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