427 S Lincoln ST, Denver, CO 80209
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427 S Lincoln ST, Denver, CO 80209
427 S Lincoln ST, Denver, CO 80209
427 S Lincoln ST, Denver, CO 80209
427 S Lincoln ST, Denver, CO 80209
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427 S Lincoln ST Denver, CO 80209

2 Beds

3 Baths

2,352 SqFt


UPDATED:

Key Details

Property Type Other Types

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,352 sqft

Price per Sqft $335

Subdivision South Broadway

MLS Listing ID 2419981

Bedrooms 2

HOA Y/N No

Year Built 1925

Lot Size 8,950 Sqft

Acres 0.21

Property Sub-Type Quadruplex

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.

Location

State CO

County Denver

Zoning U-TU-B2

Rooms

Basement Finished, Full

Interior

Heating Baseboard

Cooling None

Flooring Carpet, Laminate, Linoleum, Vinyl

Laundry None

Exterior

Fence Partial

Utilities Available Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected

Waterfront Description Public

Roof Type Composition

Private Pool No

Building

Lot Description Level, Near Public Transit

Story One

Sewer Public Sewer

Water Public

Schools

School District Elementary: Denver 1, Middle/Junior: Denver 1, High: Denver 1

Others

Senior Community No

Tax ID 5151-09-024

Special Listing Condition None Known


REColorado MLS
Listed byGrace Management & Invest.

NEARBY SCHOOLS & PROPERTIES

Sarah Charles

Sarah Charles

License ID: 155068371

+1(720) 289-8948

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427 S Lincoln ST