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Home » Real Estate » CO » Denver » 80209 » 208 S Lincoln St, Denver, CO, 80209
$1,200,000

208 S Lincoln St, Denver, CO, 80209

4 Beds
4 Baths
3,400 Square Feet
* Ideal for Owner/Occupant or Investor: This property offers flexibility for both investors seeking steady income and potential owner-occupants looking to enjoy a well-cared-for residence while earning rental income. The Gingerbread House: A Charming 4-Unit Property in SoBo / West Wash Park. Welcome to The Gingerbread House, an exceptional 4-unit income property nestled at the intersection of Denver's highly desirable SoBo and West Wash Park neighborhoods. This well-maintained building offers a diverse mix of rental units, including two 1-bedroom apartments, one 2-bedroom apartment, and a studio apartment, each featuring its own private entrance and reserved parking space. This is a wonderful opportunity for an owner/occupant or traditional investor. Tours this week: By Appointment Only. Property Highlights: * Attractive Unit Mix: The Gingerbread House comprises two 1-bedroom units, one 2-bedroom unit, and a studio apartment, catering to a variety of tenant needs and preferences. * Unique Charm: Each apartment blends comfort with character. Original features such as ornate woodworking and antique fireplaces are harmoniously combined with modern kitchen and bathroom finishes, creating desirable and attractive living spaces. * Recent Capital Improvements: Recent updates include new plumbing lines, a new boiler (installed in 2021), and noise-reducing vinyl windows enhancing the property's functionality and reducing maintenance needs. * Strong Rental Income: The property's impressive rental income reflects the appeal and quality of its units, making it a solid investment opportunity. Prime Location: Don't miss this opportunity to own a charming and income-producing property in one of Denver's most coveted neighborhoods. Schedule a viewing today to see all that The Gingerbread House has to offer! * SoBo entertainment district, residents enjoy a diverse array of dining, shopping, and nightlife options.
Offered By
Conner Piretti conner@northpeakcre.com,303-818-1805, NorthPeak Commercial Advisors, LLC

Property Details

Property Type Residential Income
Status Active
Bedrooms 4
Property Sub Type Income Property
Square Feet 3,400
MLS # 9840244

Market Trends

New Properties On Market
49
58% Increase In New Listings
Average Asking Price
$1,596,446
$208,814 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$591
$17 Increase In List Price/Sq. Ft.
Average Days On Market
10
27 Day Decrease In Days On Market
Data as of Oct 05, 2024. Remaining statistics above are calculated on activity within the period from Aug 01, 2024 to Sep 30, 2024.
Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 10/2/2024 at 7:09 pm