$1,105,000
$1,145,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
418 S Lincoln ST #Units 1-3 Denver, CO 80209
7 Beds
4 Baths
3,015 SqFt
Key Details
Sold Price $1,105,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,015 sqft
Price per Sqft $366
Subdivision Washington Park West
MLS Listing ID 7372411
Sold Date 05/21/24
Style Mid-Century Modern,Victorian
Bedrooms 7
HOA Y/N No
Abv Grd Liv Area 3,015
Originating Board recolorado
Year Built 1930
Annual Tax Amount $4,290
Tax Year 2022
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Welcome home to this one-of-a-kind triplex! The primary unit is a beautifully rehabbed 1930 Victorian 3 bedroom / 2bathroom home in the West Wash Park neighborhood. As an amazing bonus, there are two additional rental units in an up/down format at the rear of the property. The primary unit has been fully updated with beautiful brand new hardwood floors on the main level, two remarkable mid-century modern bathrooms, and a brand new show stopper of a kitchen. Additional updates include new interior and exterior paint, central AC, and brand new appliances. With abundant natural light, a cozy fireplace, a spacious dining area, and 2-car garage, this home is sure to be an unparalleled living experience. With an incredible Walk Score of 93, you're a short walk/bike to dozens of shops, restaurants and nightlife. Don’t forget the Denver gem, Washington “Wash” Park, with 155 acres of open space, playgrounds, gardens, and two lakes. You will love being in the heart of denver! The opportunity doesn’t stop there - wouldn’t it be nice to cut your mortgage payments in half? With two rental units at the rear of the property (with monthly projected income of $2,900) will help you do just that! The upper unit is a beautiful 1/1 + office with natural hardwood floors and a large living area. The lower unit is a cozy 1/1 with plenty of storage for your tenant. The two apartments have a separate entrance into a shared corridor with laundry as well as private entrances into each unit - the ideal layout giving you and your tenants plenty of privacy. Consider Air Bnb to increase your return! This unique home is a must-see for anyone looking for both a luxurious place and an amazing investment opportunity. The primary 3/2 will be left vacant for easy showings, while the two apartments in the rear are currently leased (March and December 2024 lease expirations). Please be respectful of the tenants privacy. Seller will set up showing of the two occupied units once under contract.
Location
State CO
County Denver
Zoning U-TU-B2
Rooms
Basement Crawl Space, Interior Entry, Partial, Unfinished
Interior
Interior Features Entrance Foyer, Quartz Counters
Heating Forced Air
Cooling Central Air
Flooring Wood
Fireplaces Number 1
Fireplaces Type Living Room
Fireplace Y
Appliance Dishwasher, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
Laundry Common Area, In Unit
Exterior
Exterior Feature Private Yard
Garage Spaces 2.0
Fence Partial
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Lot Description Level, Near Public Transit
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Lincoln
High Schools South
School District Denver 1
Others
Ownership Corporation/Trust
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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