252 Lincoln St - Apartments FOR SALE


Denver, CO 80203- Speer
$1,300,000 USD
714-330-1436
252 Lincoln St, Denver, CO for Sale
$1,300,000 USD
Apartments - FOR SALE
1/15
null | 5.83% Cap Rate

252 Lincoln St
Denver, CO 80203
Speer


HIGHLIGHTS

  • Fully renovated in 2021, new electric service & wiring inside the units, new water & sewer lines
  • Easy access to downtown and SoBo district restaurants and bars
  • 3 off-street parking spaces plus 1 garage/storage unit
  • French drain installed and main water line replaced in 2019

OVERVIEW

The fully renovated 5-unit Victorian is a great opportunity for an owner-occupant, or local investor, looking to add a low-maintenance asset to their portfolio. Located just one block off Broadway, tenants have a large variety of retail and entertainment options within blocks. The “down to the studs” renovation provides every modern convenience with the beautiful character of a Victorian-era building. Tenants have in-unit laundry, modern kitchens, and mini-splits for individually controlled heat/AC.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$470 USD /SF

# OF UNITS

5

PRICE/UNIT

$260,000

CAP RATE

5.83%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

252 Lincoln St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1895

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,750 SF

ZONING

G-MU-5, UO-3

APN/PARCEL ID

5101-18-005

ASK ABOUT THIS PROPERTY

Andrew MonettePinnacle Real Estate AdvisorsMore Info
714-330-1436

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Andrew MonettePinnacle Real Estate AdvisorsMore Info
714-330-1436

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