3225-3229 S Lincoln St - Apartments FOR SALE


Englewood, CO 80113
$1,475,000 USD
303-710-5011
3225-3229 S Lincoln St, Englewood, CO for Sale
$1,475,000 USD
Apartments - FOR SALE
1/12
null | 3.79% Cap Rate

3225-3229 S Lincoln St
Englewood, CO 80113


OVERVIEW

Seize a rare opportunity to acquire a residential income property portfolio in the heart of Englewood, Colorado. Ideally positioned on a 9,147-square-foot site, this unique offering consists of two income-producing parcels, making it an attractive prospect for both investors seeking strong rental returns and developers looking for future redevelopment potential. Parcel 1: 3225 S Lincoln Street - This well-maintained single-family home features two bedrooms and two bathrooms, offering a comfortable living space with modern updates throughout. Additional highlights include a finished basement, a spacious rear porch, and a layout that appeals to both tenants and potential owner-occupants. Parcel 2: 3229 S Lincoln Street - This income-producing triplex consists of three fully-occupied two-bedroom, one-bathroom units. Two of the units have been completely renovated, featuring new appliances, fresh paint, upgraded flooring, and modern fixtures, ensuring strong tenant demand and long-term rental stability. Strategic Location & Growth Potential - Prime Englewood Location: Situated along South Lincoln Street, this property is just one block from South Broadway, where tenants enjoy easy access to Englewood’s vibrant dining, shopping, and entertainment scene. Popular restaurants, boutique shops, bars, and essential services are all within walking distance.

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/SF

$363 USD /SF

# OF UNITS

4

PRICE/UNIT

$368,750

CAP RATE

3.79%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,684 SF

ZONING

MU-B-2, Business District

APN/PARCEL ID

1971-34-4-09-009,1971-34-4-09-010

ASK ABOUT THIS PROPERTY

Michael CsrnkoKentwood CommercialMore Info
303-710-5011

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Michael CsrnkoKentwood CommercialMore Info
303-710-5011

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