Denver, CO 80210,2572 S Vine ST
Denver, CO 80210,2572 S Vine ST
Denver, CO 80210,2572 S Vine ST
$585,000
Est. payment /mo
Est.Price: ?

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2 Beds
1 Bath
1,053 SqFt
SOLD DATE : 01/22/2025

Key Details

Sold Price $585,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,053 sqft

Price per Sqft $555

Subdivision University

MLS Listing ID 6253407

Sold Date 01/22/25

Style A-Frame

Bedrooms 2

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 1,053

Originating Board recolorado

Year Built 1948

Annual Tax Amount $2,844

Tax Year 2023

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Single Family Residence

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.

Location

State CO

County Denver

Zoning E-SU-DX

Rooms

Basement Crawl Space

Main Level Bedrooms 2

Interior

Interior Features Breakfast Nook, Ceiling Fan(s), No Stairs, Open Floorplan

Heating Forced Air

Cooling None

Flooring Wood

Fireplace Y

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Exterior

Exterior Feature Private Yard

Parking Features Exterior Access Door

Garage Spaces 1.0

Fence Full

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected

Roof Type Architecural Shingle

Total Parking Spaces 1

Garage No

Building

Lot Description Level

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

Schools

Elementary Schools University Park

Middle Schools Merrill

High Schools South

School District Denver 1

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Kentwood Real Estate Cherry Creek • MikeC@kentwood.com,303-710-5011
Bought with LEGACY REALTY
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"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

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