427 S Lincoln Street, Denver, CO 80209
- $825,000
- 2
- BD
- 3
- BA
- 2,352
- SqFt
Courtesy of Grace Management & Invest. . greg@rentgrace.com,303-641-7694
- List Price
- $825,000
- Status
- ACTIVE
- Days on Market
- 30
- MLS#
- 2419981
- Year Built
- 1925
- Bedrooms
- 2
- Bathrooms
- 3
- Living Area
- 2,352
- Lot Size
- 8,950
- Acres
- 0.21
- Subdivision
- South Broadway
- Neighborhood
- South Broadway
Property Description
Outstanding value-add investment opportunity on a rare double lot in a prime central Denver location! Originally built as a single-family home, this property was converted into a four-unit income property featuring a studio, one-bedroom, two-bedroom, and three-bedroom unit, offering a diverse unit mix and multiple income streams. Three of the four units are currently tenant occupied, providing immediate rental income. The fourth unit, a three-bedroom basement unit, is vacant following foundation repairs and is ready for the next owner to complete the renovation. With the remaining improvements finished, the property offers an excellent opportunity to increase rental income and build additional equity. Situated on a double lot, the property features a large off-street parking area with space for approximately six vehicles—a valuable amenity in central Denver. Conveniently located near South Broadway, downtown Denver, shopping, restaurants, parks, public transportation, and major commuter routes, this property presents an excellent opportunity for investors seeking immediate cash flow with significant upside potential. Property is being sold AS-IS.
/u.realgeeks.media/you1stunity/DisenÞo_sin_tiìtulo.png.PNG)
Additional Information
- Taxes
- $4,360
- Zoning
- U-TU-B2
- Heating
- Baseboard
- Air Conditioning
- None
- Levels
- One
- Roof
- Composition
- School District
- Denver 1
- Elementary School
- Lincoln
- Middle School
- Grant
- High School
- South
Mortgage Calculator
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than You 1st Realty - Unity are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions