Denver, CO 80209 342 S Lincoln St
$999,999
27 more
Presented By: eXp Realty, LLC; vivi@teamvivi.com,303-847-1868
Beds • 3
Baths • 3
SQFT • 2,245
Garage • 3
Home Details
A prime investment opportunity in Denver's highly desirable West Wash Park neighborhood, 342 S Lincoln, appraised at $1,295,000 in November 2023. This fully renovated, three-unit building offers a lucrative rental profile, featuring two spacious one-bedroom apartments with versatile den spaces, ideal for home offices, and a large three-bedroom, two-bathroom unit. Modern upgrades throughout include new kitchens, bathrooms, flooring, and fixtures, complemented by in-unit washer/dryers and three off-street parking spaces. Its proximity to South Broadway's vibrant nightlife and dining scene, combined with the blend of classic exterior charm and contemporary interiors, ensures low vacancy and consistent cash flow. All photos of are of unit #1, please use video links to see the other units.
Presented By: eXp Realty, LLC; vivi@teamvivi.com,303-847-1868
Interior Features for 342 S Lincoln St
Bedrooms
Total Bedrooms3
Bathrooms
Total Baths3
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area1466
Air Conditioning Y/NNo
BasementPartial, Partially Finished
Below Grade Finished Area779
Fireplace FeaturesSingle Fireplace
Fireplace Y/NYes
Heating Y/NYes
General for 342 S Lincoln St
AccessibilityLevel Lot
AppliancesDishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Attached Garage No
Cap Rate5.3
CityDenver
Construction MaterialsBrick/Brick Veneer
CountyDenver
ElectricElectric
Elementary SchoolLincoln
ExclusionsNone
Garage Spaces3
Garage Y/NYes
Gross Income79155
HOANo
HeatingBaseboard, Wall Furnace
High SchoolSouth
High School DistrictDenver 1
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet3920
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolGrant
Net Operating Income66220
New ConstructionNo
Number Of Units Total3
Operating Expense12935
Patio/Porch FeaturesPatio, Deck
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofFiberglass
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameWashington Park West
Tax Annual Amount3901.5
Tax Year2024
Tenant PaysGas, Electricity
UtilitiesElectricity Available, Cable Available
Virtual TourClick here
Waterfront Y/NNo
Year Built1919
ZoningU-TU-B2
Exterior for 342 S Lincoln St
Building Area Total2245
Covered Spaces3
FencingPartial
Foundation DetailsSlab
Horse Y/NNo
Lot FeaturesLevel
Lot Size Acres0.09
Lot Size Area3920
Other ParkingParking Per Unit(1 Space/Unit)
SpaNo
Water SourceCity Water
Additional Details
Price History
Schools
High School
South High School
Middle School
Grant Middle School
Elementary School
Lincoln Elementary School
