1568 Vine St - Apartments FOR SALE


Denver, CO 80206
$1,600,000 USD
303-962-9537
1568 Vine St, Denver, CO for Sale
$1,600,000 USD
Apartments - FOR SALE
1/69
null | 6.12% Cap Rate

1568 Vine St
Denver, CO 80206


HIGHLIGHTS

  • Exceptionally well-maintained beautiful, converted mansion with modern updates in excellent condition
  • A+ rental location in City Park West, walker's and biker's paradise, 90 Walk Score
  • Can be purchased with 1266 Lafayette Street (8 units) as a portfolio
  • Six on-site parking spaces, onsite laundry and superior outdoor amenities
  • Very well-maintained property with strong rental income
  • Spacious units with ample natural light and modern aesthetics

OVERVIEW

This fully custom-renovated 6-unit multifamily property offers modern luxury and enduring quality. Built in 1896 and updated to perfection, the 3,786 SF building features chef's kitchens, new plumbing, windows, A/C, and a furnace, alongside a 200-amp main electric panel and a new water line. Residents enjoy complimentary private storage, washer/dryer access, and six free onsite parking spaces. Outdoor amenities include a pergola with a fire pit, garden boxes for planting, and ample space for relaxation. The roof is in great condition, and new gutters ensure durability. This turnkey property is an ideal choice for income multifamily investors seeking immediate appeal, a coveted rental location and long-term value. Can be purchased with 1266 Lafayette Street (8 units) as a portfolio.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$423 USD /SF

# OF UNITS

6

PRICE/UNIT

$266,667

CAP RATE

6.12%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1896

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

G-RO-3

APN/PARCEL ID

2355-31-002

ASK ABOUT THIS PROPERTY

Robert LawsonPinnacle Real Estate AdvisorsMore Info
303-962-9537

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Robert LawsonPinnacle Real Estate AdvisorsMore Info
303-962-9537

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.