427 S Lincoln Denver, CO 80209
2 Beds
3 Baths
2,653 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,653 sqft
Subdivision South Broadway
MLS Listing ID IRE2419981
Bedrooms 2
HOA Y/N No
Year Built 1925
Annual Tax Amount $4,360
Tax Year 2025
Lot Size 9,147 Sqft
Acres 0.21
Source ires
Property Description
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
Community South Broadway
Area Metro Denver
Zoning U-TU-B2
Rooms
Basement Full, Partially Finished
Interior
Heating Baseboard
Exterior
Parking Features Off Street
Garage Spaces 7.0
Fence Partial
Utilities Available Electricity Available, Master Meter-Electric, Master Meter-Gas
View Y/N No
Roof Type Composition
Garage Yes
Building
Lot Description Level
Sewer Public Sewer
Water City
Level or Stories One
Structure Type Frame
New Construction false
Schools
Elementary Schools Lincoln
Middle Schools Grant
High Schools Denver District 1
School District Denver District 1
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Private Owner
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