Under contract
Pending
4660 Vine Street
Denver CO, 80216
$625,000
$230.97 per sqft
Under contract
Pending
8 Beds
4 Baths
2,706 sqft
Multi-family
Built in 2000
Significant Price Drop bringing this to an 8.2% Cap Rate on conservative numbers! Fantastic investment opportunity on this up/down duplex with two 4 bedroom, 2 bathrooms units.
**Property Highlights:**
- **Size:** 2,706 total square feet
- **Upper Unit:** Enjoy vaulted ceilings that enhance the spaciousness and ambiance of the living area.
- **Recent Upgrades:** Both units are equipped with new furnaces and a new on-demand water heater, ensuring comfort and efficiency year-round.
- **Utilities:** Each unit is separately metered for gas and electricity, offering convenience and control over utility expenses.
- **Parking:** Benefit from off-street covered parking accessible from the alley, providing added value for your tenants.
- **Prime Location:** This property is conveniently located next to the city library, enhancing the properties' appeal and accessibility to amenities.
Both units are currently vacant and ready for immediate occupancy, presenting an excellent opportunity for new owners to start generating income right away. The financials are strong, making this duplex a promising addition to your investment portfolio.
This property is for sale along with a second duplex located across the alley at 4665 Gaylord St. Can be purchased together or separately.
4998914
MLSⓇ ID
August 12, 2024
Listed
September 27, 2024
Updated
Map
4660 Vine Street
Denver CO, 80216
Interior Features
Total Stories
1
Bedrooms
8
Total Bathrooms
4
Floor Description
Vinyl
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
Level
Roof
Composition
Sewer
Public Sewer
School Information
School District
Denver 1
High School
Manual
Elementary School
Swansea
Other Property Details
Taxes
$2,627
Tax Frequency
Annually
Garage
No
Parking Total
2
View
No
County
Denver
Water Source
Public
Pool
No
Zoning
E-TU-B
Listing History
Date | Event | Price |
---|---|---|
9/16/2024 | Under contract | — |
9/7/2024 | Price change | $625,000 -5% |
8/31/2024 | Price change | $655,000 -5% |
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