208 S Lincoln St, Denver, CO 80209

$1,095,000
5
BD
4
BA
2,824
SqFt

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List Price
$1,095,000
Status
ACTIVE
MLS#
9553238
Price Change
▼ $79,900 1782203878
Year Built
1890
Bedrooms
5
Bathrooms
4
Living Area
2,824
Region
Metro Denver
Subdivision
West Wash Park

Property Description

EASY TO SHOW ON SHORT NOTICE IN JULY! 100% TURNKEY MULTI-FAMILY INVESTMENT IN WEST WASH PARK / SOBO. The iconic Gingerbread House is an exceptionally maintained Victorian quadruplex bridging West Wash Park and the South Broadway corridor. Lincoln Street is just one block over from all South Broadway has to offer, making it super easy to rent. Tenants love the location. CORE HIGHLIGHTS: * PROVEN INCOME STREAM: Efficient unit mix of one 2BR with exposed brick, two large 1BRs with original woodwork, and one spacious studio. * GUARANTEED CASH FLOW: Exceptional history of long-term tenant retention. Leased through August 2027. * SOUNDPROOF UPGRADES & NO DEFERRED MAINTENANCE: Professionally installed soundproof windows on street-facing bedroom. Major items done: new efficient central boiler, updated water panel, whole-house backflow valve, remote water shutoff * PREMIUM LOCATION: Walk/Bike Score of 97. -tenants love the immediate walk to daily conveniences and South Broadway excitement (Safeway, Natural Grocers, Snooze, Burndown and so much more) with a straight commute downtown or to I-25. * TENANT AMENITIES: Shared backyard oasis with a custom pergola, lush lawn, and gas grill, driving a proven track record of near-zero historical vacancy. Secure a predictable, turnkey revenue engine with clear operational upside. Schedule a private tour to view this high-yield asset.

Additional Information

Taxes
$5,540
Style
Victorian
School District
Denver District 1
Elementary School
Lincoln
Middle School
Merrill
High School
South
Heating
Hot Water
Cooling
Ceiling Fan(s)
Utilities
Electricity Available, Cable Available, Master Metered, Separate Meters
Garage Spaces
4
Tenant Pays
Electricity
Zoning
U-TU-B2

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Calculator source: Real Geeks

Listing courtesy of Kyle Flaming.

303-549-5953

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