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4733 Vine St, Denver, CO 80216

$630,000
: 6
BD
: 3
BA
: 1,705
SqFt

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Sold Price: $630,000
List Price: $630,000
Closing Date: Feb 01, 2024
Type: Multifamily
Property Sub Type: Triplex
Status: CLOSED
MLS Number: 1947522
Structural Style: Contemporary
Bedrooms: 6
Bathrooms: 3
Sqft Total: 1,705
Year Built: 1893

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Property Description

Come and see this turnkey triplex with great rents in fast-developing Elyria-Swansea neighborhood! So much is being built within walking distance at or near the National Western Stock Show Complex. All 3 units have been renovated and updated with long-lasting neutral LVP flooring and fresh paint as each lease turns. Each unit features its own fully fenced front yard patio and dedicated back alley parking space. Each unit has its own water heater and furnace. Rents are excellent and may even have a tiny bit of room for improvement in one of the units. Priced to cash flow for a worthy investment. Overall expenses are relatively low and stable. Many major repairs and improvements have been made under current ownership. All furnaces are aged 2019 and newer. Gutters have been replaced. Currently professionally managed - increase your cash flow even more by self-management or living in one of the units! Room for additional income - shared laundry is currently not monetized, and there is room to add storage in the side yard to also monetize. Leases range from one year starting Sept. 2023 down to month-to-month. Fully occupied. Tenant pays electric/gas, internet.

(303) 522-8226

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Additional Information

Lot Size Acres: 0.13
Lot Size Sq Ft: 5,750
Tax Amount: $2,409
Exterior Features: Private Yard, Rain Gutters
Water Source: Public
Sewer: Public Sewer
Basement Type: Crawl Space, Unfinished
Heating: Forced Air
Cooling: Room, None
School District: Denver 1
Elementary School: Swansea
Middle Or Junior School: DSST: Cole
High School: Manual