Veterans United Realty
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2572 S Vine St, Denver, CO 80210

$625,000 Asking Price

2 beds
1 bath
1,282  sqft
Built in 1948

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.

Listing Status:
Active
Date Added:
October 10, 2024 — 27 days ago
Listing Office:
Kentwood Real Estate Cherry Creek, Michael Csrnko (303-710-5011)
Office Phone:
303-710-5011
MLS ID:
6253407

Features & Amenities

Interior

General:
Open Floorplan
Appliances:
Dishwasher, Refrigerator, Washer, Dryer, Microwave
Laundry:
Main Level
Basement:
Crawl Space
A/C:
true, Ceiling Fan(s)
Heating:
true, Forced Air
Fireplace:
None
Disability Feature:
Level Lot, No Stairs

Exterior

Style:
A-Frame, Ranch

Construction

Roofing:
Fiberglass
Windows:
Window Coverings, Bay Window(s)
General:
Wood/Frame, 1

Location

Originating MLS:
REcolorado
School District:
Denver 1
County:
Denver

Lot

Zoning:
E-SU-DX, L 19 & 20 BLK 66 EVANSTON THIRD FLG
Fencing:
Fenced

Utilities

Utilities:
Electricity Available, Cable Available, Electric
Water:
City Water
Sewer:
City Sewer,Public Sewer

Financial

Source:
REcolorado
Exclusions:
Sellers and Tenants personal property.

This listing courtesy of:
Kentwood Real Estate Cherry Creek, Michael Csrnko

About Denver, CO

Housing

Number of Units
527,977
Median Home Value
$435,944
Median Rent
$1,329

48.75% of housing units are renter occupied.

6.65% are vacant.

Commute

Car
56.73%
Public Transportation
3.93%
Walk to Work
2.72%
Work from Home
34.89%
Other
0.58%

The median travel time to work is 19 minutes.

People

Population
1,114,255
Median Age
35.70
Median Household Size
2.53

Education

High School
19.56%
Associate’s Degree
6.38%
Bachelor’s Degree
29.05%
Graduate Degree
17.25%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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