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Cara Grenko

cara@southdenverhomes.com +1(720) 998-1372

$999,999

Est. payment - /mo

2,245 SqFt

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,245 sqft

Price per Sqft $445

Subdivision Washington Park West

MLS Listing ID IR1059427

HOA Y/N No

Year Built 1919

Annual Tax Amount $3,902

Tax Year 2024

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Triplex

Source recolorado

Property Description

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 of are of unit #1, please use video links to see the other units.

Location

State CO

County Denver

Zoning U-TU-B2

Rooms

Basement Crawl Space, Walk-Out Access

Interior

Heating Baseboard, Wall Furnace

Cooling Air Conditioning-Room

Fireplaces Number 1

Fireplace Y

Appliance Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer

Exterior

Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected

Roof Type Composition

Total Parking Spaces 3

Building

Lot Description Level

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Lincoln

Middle Schools Grant

High Schools South

School District Denver 1

Others

Ownership Individual

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://youtu.be/bCu3RoKiQAE?si=85DXoI44njU_hjqY

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Listed by eXp Realty LLC

Nearby School & Business

GET MORE INFORMATION

+1(720) 998-1372

cara@southdenverhomes.com

https://www.elitecollectivecolorado.com

8600 Park Meadows Dr #300, Lone Tree, CO, 80124, USA

342 S Lincoln ST Denver, CO 80209