1554 North Vine Street, Denver, CO 80206

$1,135,000
6
BD
6
BA
3,647
SqFt
List Price
$1,135,000
Type
Multifamily
Status
ACTIVE
MLS Number
5829318
Total # of Units
4
Total Sqft
3,647
Finished Sqft
3169
Sub-Area
City Park West
Year Built
1893

Property Description

Marcus & Millichap has been selected to exclusively market for sale 1554 Vine Street, a well maintained 4-unit apartment community located in the thriving city of Denver, CO. Located in City Park, the subject property was originally constructed in 1893, offering its tenants one studio, 1 one-bedroom/one bathroom unit, and 2 two-bedroom/two-bathroom units. Residents at 1554 Vine have easy access to many convenient community amenities including nearby parks, secured entry ways, shared yard, in-unit laundry, garage parking and great core location. This is a perfect opportunity for someone who is looking to get started in the rental business as an owner-occupier. The main floor unit is the largest unit at just over 1,000 SF, and takes up all of the first floor. Residents are near many walkable amenities which line the Colfax retail corridor. This retail corridor boasts an assortment of bars, shopping, restaurants, and music venues.

Additional Information

Proj. Ann. Income
79722
Act. Ann. Income
72000
Act. Ann. Expense
15270
Proj. Ann. Expense
15270
School District
Denver 1
Garage Spaces
2
Community Parking
Garage (Detached): 2
Parking Type
Garage (Detached)
Parking Spaces
2
Community Parking
Garage (Detached): 2
Parking Type
Garage (Detached)
Style
Multi-Story
Basement
Cellar
Basement Size
Full
Basement Square Feet
478
Zoned
G-RO-3
Lot Size
6,250
Acres
0.14
Roofing Material
Composition Shingles
Contstruction
Brick
Taxes
$4,270
Tax Year
2019
Financial Terms
Cash, Conventional

Courtesy of MARCUS & MILLICHAP INC

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