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342 S Lincoln St
Denver, CO 80209
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Property is consistently occupied.
Executive Summary
A prime investment opportunity in Denver's highly desirable West Wash Park neighborhood, 342 S Lincoln, appraised at $1,295,000 in November 2023. This fully renovated, three-unit building offers a lucrative rental profile, featuring two spacious one-bedroom apartments with versatile den spaces, ideal for home offices, and a large three-bedroom, two-bathroom unit. Modern upgrades throughout include new kitchens, bathrooms, flooring, and fixtures, complemented by in-unit washer/dryers and three off-street parking spaces. Finishes are the same in all three units. Its proximity to South Broadway's vibrant nightlife and dining scene, combined with the blend of classic exterior charm and contemporary interiors, ensures low vacancy and consistent cash flow. Majority of photos of are of unit #1, kitchen photos of units 2 and 3 are included. Please use video links to see the other units. Please see attached Cap Rate Financial Calculations doc.
Property Facts
Amenities
Unit Amenities
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Tub/Shower
- Attic
- Basement
- Built-In Bookshelves
- Dining Room
- Family Room
- Porch
- Window Coverings
Site Amenities
- Fenced Lot
- Laundry Facilities
- Vintage Building
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $4,507 CAD | 1,491 |
| 2+1 | 2 | $2,183 CAD | 660 - 794 |
Property Taxes
| Parcel Number | 5151-07-007 | Improvements Assessment | $19,520 CAD |
| Land Assessment | $19,520 CAD | Total Assessment | $70,245 CAD |
Property Taxes
Parcel Number
5151-07-007
Land Assessment
$19,520 CAD
Improvements Assessment
$19,520 CAD
Total Assessment
$70,245 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
