1568 Vine Street
Price Reduced $305K - 7.4% CAP
Marketing description
Priced Reduced -Bring all offers - Now a 7.15% Cap Rate! 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.
Investment 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
Beautifully updated 6-unit with timeless "Denver Square" architecture
Can be purchased with 1266 Lafayette Street (8 units) as a portfolio
Scarce multifamily investment in coveted City Park West submarket
Built in 1896, exuding classic character and contemporary conveniences
Zoned G-RO-3, providing versatile usage opportunities
Very well-maintained property with strong rental income
Enduring architectural details and numerous perpetual updates throughout
Spacious units with ample natural light and modern aesthetics
Six on-site parking spaces, onsite laundry and superior outdoor amenities
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