208 S Lincoln ST Active

Denver,CO 80209

$ 1285000

4 Beds

4 Baths

2824 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,824 sqft

Price per Sqft $455

Subdivision West Wash Park

MLS Listing ID 4466572

Style Victorian

Bedrooms 4

Year Built 1890

Annual Tax Amount $5,421

Tax Year 2023

Lot Size 5,227 Sqft

Property Sub-Type Quadplex

Property Description

Amazing House Hack Opportunity in the Heart of SoBo!

Welcome to the Gingerbread House, an incredible owner-occupant investment opportunity located in the vibrant SoBo neighborhood! This multi-unit gem offers an unparalleled blend of personal living space and lucrative rental income potential, all within walking distance to grocery stores, the library, light rail, restaurants, and so much more.

• Prime Location: One block from the SoBo entertainment hub, this property offers unmatched convenience and walkability. Enjoy the vibrant community and easy access to all amenities on South Broadway and the Gates District redevelopment.
• Investment Security and Revenue Growth Opportunity: Live in one unit while your tenants in the other three units help pay the mortgage. This property is always in high demand and is currently move-in ready with excellent tenants leased through spring

Choose your favorite of the 4!
Units feature spacious living rooms, exposed brick, original woodwork, modern kitchens and stainless-steel appliances.
Units are very inviting and attractive to tenants looking to avoid the big box rental atmosphere. Separate entrances ensure privacy and convenience for both the owner and tenants. The location, off-street parking and outdoor space assure that units are always easy to rent!

Meticulously Maintained: This beloved property has been well cared for, with the pride of ownership shining through every detail.
Some key upgrades already done by seller:
• Boiler: Less than 4 years old, ensuring efficient heating.
• Roof and Gutters and some windows
• Exterior Paint
• Main Waterline
• Back Patio and Fence

Don't Miss Out: Experience the charm and potential of the Gingerbread House! Schedule a showing today to explore this incredible investment opportunity near the Baker neighborhood in SoBo. Whether you're a first-time investor or a seasoned pro, this property offers the perfect blend of personal living and rental income potential.

Location

State CO

County Denver

Zoning U-TU-B2

Interior

Heating Hot Water

Cooling Other

Flooring Wood

Laundry Common Area,In Basement

Exterior

Exterior Feature Balcony,Private Yard,Rain Gutters

Utilities Available Cable Available,Electricity Connected,Internet Access (Wired),Natural Gas Connected

Roof Type Composition

Building

Lot Description Level,Near Public Transit,Sprinklers In Front,Sprinklers In Rear

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Lincoln

Middle Schools Merrill

High Schools South

School District Denver 1

Others

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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