208 S Lincoln ST, Denver, CO 80209
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208 S Lincoln ST, Denver, CO 80209
208 S Lincoln ST, Denver, CO 80209
208 S Lincoln ST, Denver, CO 80209
208 S Lincoln ST, Denver, CO 80209
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$ 1,095,000
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Price Dropped by $79K

208 S Lincoln ST Denver, CO 80209

5 Beds

4 Baths

3,400 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,400 sqft

Price per Sqft $322

Subdivision West Wash Park

MLS Listing ID 9553238

Style Victorian

Bedrooms 5

HOA Y/N No

Abv Grd Liv Area 2,824

Year Built 1890

Annual Tax Amount $5,540

Tax Year 2025

Lot Size 5,400 Sqft

Acres 0.12

Property Sub-Type Quadruplex

Source recolorado

Property Description

*** NEW PRICING: NOW $1,095,000 ***STRATEGIC PRICE ADJUSTMENT - 100% TURNKEY MULTI-FAMILY INVESTMENT IN WEST WASH PARK / SOBO. The iconic Gingerbread House is an exceptionally maintained Victorian quadruplex bridging West Wash Park and the South Broadway corridor. 5.65% cap rate, this fully performing asset features low overhead management and 4 off-street rear parking spaces, driving top-tier rental rates and tenant retention.
CORE HIGHLIGHTS:
* PROVEN INCOME STREAM: Efficient unit mix of one 2BR with exposed brick, two large 1BRs with original woodwork, and one spacious studio.
* GUARANTEED CASH FLOW: Two units fully leased through August 2027; remaining two units in negotiation to lock in peak market rates. Exceptional history of long-term tenant retention.
* SOUNDPROOF UPGRADES & NO DEFERRED MAINTENANCE: Professionally installed soundproof windows on street-facing bedroom. Major items done: new efficient central boiler, updated water panel, whole-house backflow valve, remote water shutoff
* PREMIUM LOCATION: Walk/Bike Score of 97. Located on Lincoln, just 1 block over from Broadway—tenants love the immediate walk to daily conveniences and South Broadway excitement (Safeway, Natural Grocers, Snooze, Burndown) with a straight shot downtown or to I-25.
* TENANT AMENITIES: Shared backyard oasis with a custom pergola, lush lawn, and gas grill, driving a proven track record of near-zero historical vacancy.

Secure a predictable, turnkey revenue engine with clear operational upside. Schedule a private tour to view this high-yield asset.

Location

State CO

County Denver

Zoning U-TU-B2

Rooms

Basement Crawl Space, Partial

Interior

Interior Features Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Open Floorplan, Walk-In Closet(s)

Heating Hot Water

Cooling Other

Flooring Carpet, Laminate, Tile, Wood

Fireplaces Number 2

Fireplaces Type Other

Fireplace Y

Appliance Cooktop, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer

Laundry Common Area, In Basement

Exterior

Exterior Feature Balcony, Private Yard, Rain Gutters

Parking Features Concrete

Fence Full

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

Roof Type Composition

Total Parking Spaces 4

Garage No

Building

Lot Description Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Lincoln

Middle Schools Merrill

High Schools South

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None


REColorado (REColorado MLS)
Listed by Lightning Realty

NEARBY SCHOOLS & PROPERTIES

Catherine Martin

Catherine Martin

Advisor | License ID: 100083503

+1(303) 419-7367

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208 S Lincoln ST