208 S Lincoln ST Denver, CO 80209
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,824 sqft
Price per Sqft $442
Subdivision West Wash Park
MLS Listing ID 4466572
Style Victorian
Bedrooms 4
HOA Y/N No
Abv Grd Liv Area 2,824
Originating Board recolorado
Year Built 1890
Annual Tax Amount $5,421
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Quadplex
Property Description
Discover the Gingerbread House, a prime owner-occupant investment in the vibrant SoBo neighborhood of Downtown Denver! This multi-unit gem offers personal living space, excellent rental income potential, easy access to grocery stores, parks, the library, light rail, popular restaurants, and so much more. It is so close to EVERYTHING- making it a snap to keep units rented.
• Prime Location: One block from SoBo's entertainment hub, enjoy unmatched convenience and walkability. Explore South Broadway's eclectic dives, vintage shops, unique cafes, and live music venues. Easy access to parks, trails, and Downtown Denver. Hop on your bike and in one block you will be on the most major bike artery in all of of Denver. Prefer exploring the city and mountains by car? You will be moments to I-25 to easily commute to just about anywhere you or your tenants might want to go.
• Investment Security: Live in one unit while tenants in the other three help pay the mortgage, or lease them all -long or short term. Currently, two units are move-in ready and two units have excellent tenants leased through next spring. Earning potential of 6K plus per month.
•Charming Units: 4 units featuring spacious living rooms, exposed brick, original woodwork, modern kitchens, and stainless-steel appliances. Separate entrances ensure privacy. Off-street parking, onsite laundry, and outdoor space make renting super easy! Tenants love the homey no big-box feel they get here.
•Meticulously Maintained: This property boasts recent upgrades including a new boiler, roof, gutters, windows, exterior paint, main waterline, back patio, and a new fence.
•Don't Miss Out: Put this on your must see list! Schedule a showing today to explore this amazing investment near the Baker neighborhood in West Wash Park/Sobo area. Perfect for first-time investors or seasoned pros seeking personal living and/or rental income potential
Location
State CO
County Denver
Zoning U-TU-B2
Rooms
Basement Crawl Space, Partial
Interior
Interior Features Ceiling Fan(s), High Speed Internet, Open Floorplan
Heating Hot Water
Cooling Other
Flooring Wood
Fireplace N
Laundry Common Area, In Basement
Exterior
Exterior Feature Balcony, Private Yard, Rain Gutters
Parking Features Concrete
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Lot Description Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Lincoln
Middle Schools Merrill
High Schools South
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA