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1554 Vine Street,  Denver CO, 80206 ( Sold )

  • Sold Price:
    $702,500
  • 12/04/2014

MLS# 4666844
|
5 beds, 6 baths
Source:REcolorado

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Listing Provided Courtesy Of: Pinnacle Real Estate Advisors
Last Updated: 12/7/2016 6:09 AM
Description for 1554 Vine Street,  Denver CO, 80206
Rare opportunity for investors, very well maintained Central Denver all brick 4 unit apartment building. Updated with refinished hardwood floors and trim, newer electrical, newer plumbing, renovated kitchens & bathrooms and newer forced air gas furnace. Main floor unit is 2 beds/2baths (1,115 SF) and encompasses the entire 1st level with living, dining, full kitchen, eat in breakfast nook, brand new master bath, perfect to live in this unit & cover expenses with rent from others. Great potential for increased cash flow by raising rents to market, charging for utilities and leasing out the two car garage, onsite laundry room for tenants, diverse unit mix of studio, 1bed and 2bed units as well as a secured/phone dial entry. Take advantage of historical low interest rates on investment loans and lock in 30 year fixed terms. Walking distance to Congress Park, City Park and Cheesman Park as well as all the shops, restaurants and nightlife on 17th Ave and E Colfax (88 Walk Score)
Price
Sold Price:
$702,500
Sold Date:12/04/2014
Wymans
Denver
5
6
3,647 (approx)
4666844
Sold
Description
Rare opportunity for investors, very well maintained Central Denver all brick 4 unit apartment building. Updated with refinished hardwood floors and trim, newer electrical, newer plumbing, renovated kitchens & bathrooms and newer forced air gas furnace. Main floor unit is 2 beds/2baths (1,115 SF) and encompasses the entire 1st level with living, dining, full kitchen, eat in breakfast nook, brand new master bath, perfect to live in this unit & cover expenses with rent from others. Great potential for increased cash flow by raising rents to market, charging for utilities and leasing out the two car garage, onsite laundry room for tenants, diverse unit mix of studio, 1bed and 2bed units as well as a secured/phone dial entry. Take advantage of historical low interest rates on investment loans and lock in 30 year fixed terms. Walking distance to Congress Park, City Park and Cheesman Park as well as all the shops, restaurants and nightlife on 17th Ave and E Colfax (88 Walk Score)
Listing Information
Property Type: Fourplex
Multi Level 5
6 0.14 Acres
3,647 (approx) $192.62 1893
Yes Brick, Frame
Wymans
3,169 Sq. Ft. (approx)
Individual Electric Meters, Common Gas Meters
4 Total
Neighborhood
School Information
District: Denver 1
COLE BRUCE RANDOLPH EAST
Room Information
Common
Interior Features
Carpet, Wood
Evaporative, Air Cond. Unit
Gas Heat, Forced Air
Partial
Complex Secured,
Exterior / Lot Features
2 Parking Spaces, Garage
Brick, Frame
Balcony, Covered
G-RO-3
Fenced (any type)
Garden
Financial Considerations
2355-31-034
$2,525
2013
Listing Price History

Denver Real Estate

Denver is located in Colorado. Denver, Colorado 80206 has a population of 604,356.

The median household income in Denver, Colorado 80206 is $49,091. The median household income for the surrounding county is $49,091 compared to the national median of $53,046. The median age of people living in Denver 80206 is 33.7 years.

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Courtesy: Pinnacle Real Estate Advisors
Copyright © 2016 REcolorado. All rights reserved. Information is deemed reliable but is not guaranteed.

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