$999,999
342 Lincoln
- 7 Beds
- 4 Baths
- 2,245 Sqft
- Updated: July 8
- MLS#2026500
About the Property
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
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. All photos are of unit #1; please use video links to see the other units. Cap Rate is 6.65%. Gross Income $79,155.
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Property type
House
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Price/sqft
$445
Features
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342 Lincoln, Denver, Colorado, United States
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Last updated
July 8
First listed
Jun 17
Listing reference
228076
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