1140 Lincoln St - Multi-Family FOR SALE


Norwood, CO 81423
$1,474,800 USD
970-728-6667
1140 Lincoln St, Norwood, CO for Sale
$1,474,800 USD
Multi-Family - FOR SALE
1/19
null | Request Cap Rate

1140 Lincoln St
Norwood, CO 81423


HIGHLIGHTS

  • Strong rental history and consistent income performance
  • Turnkey property is ready to go while still offering future upside and investment potential
  • Increasingly desirable market with continued regional growth and housing demand.

OVERVIEW

Exceptional mixed-use investment opportunity in a growing community serving as a desirable bedroom community to Telluride. This income-producing property features 2 commercial spaces and 6 residential units across two buildings, including a separate 3-bedroom, 1-bath home. The main building offers five rental units plus two commercial spaces, creating a diverse and stable income stream. Ample parking, on-site laundry facilities, and additional storage. With a strong rental history and consistent income performance, this turnkey property is ready to go while still offering future upside and investment potential in an increasingly desirable market with continued regional growth and housing demand.

FOR SALE DETAILS

PRICE

$1,474,800 USD

PRICE/SF

$248 USD /SF

# OF UNITS

8

PRICE/UNIT

$184,350

CAP RATE

Request Cap Rate

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

PARKING SPACES

14

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Residential/Commercial

APN/PARCEL ID

R2010213606

ASK ABOUT THIS PROPERTY

Brigitte dePagter KusunoTelluride Real Estate Brokers IncMore Info
970-728-6667

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Brigitte dePagter KusunoTelluride Real Estate Brokers IncMore Info
970-728-6667

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.