418 S Lincoln St Unit Units 1-3, Denver, CO 80209

$1,105,000
7
BD
4
BA
3,015
SqFt

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Sold Price
$1,105,000
List Price
$1,145,000
Closing Date
May 21, 2024
Type
Multifamily
Property Sub Type
Triplex
Status
CLOSED
MLS Number
7372411
Structural Style
Mid-Century Modern, Victorian
Bedrooms
7
Bathrooms
4
Sqft Total
3,015
Year Built
1930

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.

Additional Information

Lot Size Acres
0.09
Lot Size Sq Ft
3,920
Tax Amount
$4,290
Exterior Features
Private Yard
Water Source
Public
Sewer
Public Sewer
Basement Type
Crawl Space, Interior Entry, Partial, Unfinished
Heating
Forced Air
Cooling
Central Air
School District
Denver 1
Elementary School
Lincoln
High School
South
Unit Number
Units 1-3

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Calculator source: Real Geeks

Courtesy of Rebel Realty . twilliams.msre@gmail.com,407-383-9157

Selling Office: Good Neighbor LLC.