208 S Lincoln Street, Denver, CO 80209
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
208 S Lincoln Street,Denver, CO 80209
$1,095,000
- 5 Beds
- 4 Baths
- 3,400 sq. ft.
- Multi-family
- Active
Listed by: kyle flaming
Office: lightning realty
MLS#:9553238
Source:ML
Price summary
- Price:$1,095,000
- Price per sq. ft.:$322.06
About this home
OPEN HOUSE SATURDAY 11AM-1PM (3 UNITS OPEN, look for the red balloons)! STRATEGIC PRICE ADJUSTMENT TO $1,095,000! - 100% TURNKEY MULTI-FAMILY INVESTMENT IN WEST WASH PARK / SOBO - Compelling new pricing update on the iconic Gingerbread House, an exceptionally maintained Victorian quadruplex --bridging West Wash Park and the South Broadway corridor. Repositioned to unlock an immediate 5.65% cap rate, this fully performing asset features low overhead management and 4 coveted off-street rear parking spaces --driving top-tier rental rates and tenant retention. - PROVEN INCOME STREAM - Optimized for low-turnover stability, the highly efficient unit mix consists of one 2BR unit with exposed brick, two large 1BR apartments, with beautiful original woodwork, and one spacious studio with a separated kitchen area. CORE HIGHLIGHTS -1) Two units fully leased through August 2027 for guaranteed cash flow, with the remaining two units in negotiation to lock in peak market-rate upside. 2) Exceptional track record of tenant retention. 3) Professionally installed soundproof windows on a street-facing bedroom. NO DEFERRED MAINTENANCE - Buy with confidence knowing major capital items are done: new waterline, efficient central boiler, updated water panel, whole house backflow valve, remote water shutoff, fence, exterior paint and more - PROPERTY FEATURES & UNBEATABLE LOCATION - Tenants enjoy an amazing shared backyard oasis with a custom pergola, lush grass lawn, flowers, multiple patio sets, and a gas grill—premium incentives ensuring near-zero vacancy. Boasts a phenomenal Walk Score of 97 and a matching Bike Score of 97. Located 2 blocks from the South Broadway strip, tenants can easily walk to Safeway, Natural Grocers, USPS, public library, Snooze, and Burndown. Tenants love all of the close venues and enjoy the straight shot downtown or to I-25 for effortless commuting. Secure a predictable, turnkey revenue engine with room for upside. Stop by Saturday or schedule a private tour!...
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Home facts
- Year built:1890
- Listing ID #:9553238
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Flooring:Carpet, Laminate, Tile, Wood
- Kitchen Description:Cooktop, Dishwasher, Disposal, Eat-in Kitchen, Freezer, Microwave, Oven, Refrigerator, Self Cleaning Oven
- Basement:Yes
- Basement Description:Crawl Space, Partial
- Living area:3,400 sq. ft.
Heating and cooling
- Heating:Hot Water
Structure and exterior
- Roof:Composition
- Year built:1890
- Building area:3,400 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
- Architectural Style:Victorian
- Construction Materials:Brick
- Exterior Features:Balcony, Covered, Deck, Front Porch, Patio, Private Yard, Rain Gutters
- Levels:2 Story
Schools
- High school:South
- Middle school:Merrill
- Elementary school:Lincoln
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,095,000
- Price per sq. ft.:$322.06
- Tax amount:$5,540 (2025)
Features and amenities
- Laundry features:Common Area, Dryer, Washer
- Amenities:Carbon Monoxide Detector(s), Gas Water Heater, Smart Locks, Water Leak/Flood Alarm
Parking
- Total parking spaces:4
- Parking description:Concrete Driveway
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