$1,095,000

208 S Lincoln St, Denver, CO 80209

  • 5 beds |
  • 4 baths |
  • 2,824 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $388/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

*** NEW PRICING: NOW $1,095,000 ***STRATEGIC PRICE ADJUSTMENT - 100% TURNKEY MULTI-FAMILY INVESTMENT IN WEST WASH PARK / SOBO. The iconic Gingerbread House is an exceptionally maintained Victorian quadruplex bridging West Wash Park and the South Broadway corridor. 5.65% cap rate, this fully performing asset features low overhead management and 4 off-street rear parking spaces, driving top-tier rental rates and tenant retention. CORE HIGHLIGHTS: * PROVEN INCOME STREAM: Efficient unit mix of one 2BR with exposed brick, two large 1BRs with original woodwork, and one spacious studio. * GUARANTEED CASH FLOW: Two units fully leased through August 2027; remaining two units in negotiation to lock in peak market rates. Exceptional history of long-term tenant retention. * SOUNDPROOF UPGRADES & NO DEFERRED MAINTENANCE: Professionally installed soundproof windows on street-facing bedroom. Major items done: new efficient central boiler, updated water panel, whole-house backflow valve, remote water shutoff * PREMIUM LOCATION: Walk/Bike Score of 97. Located on Lincoln, just 1 block over from Broadway-tenants love the immediate walk to daily conveniences and South Broadway excitement (Safeway, Natural Grocers, Snooze, Burndown) with a straight shot downtown or to I-25. * TENANT AMENITIES: Shared backyard oasis with a custom pergola, lush lawn, and gas grill, driving a proven track record of near-zero historical vacancy. Secure a predictable, turnkey revenue engine with clear operational upside. Schedule a private tour to view this high-yield asset.

Listing Status:
Active
Data Last Updated:
July 5, 2026 at 6:21AM
Listing Office:
Lightning Realty : 303-549-5953
Listing Agent:
Kyle Flaming : 303-549-5953
MLS ID:
9553238
  • General: Eat-in KitchenOpen FloorplanWalk-In Closet(s)
  • Appliances: Self Cleaning OvenDishwasherRefrigeratorWasherDryerMicrowaveFreezerDisposalFire Alarm
  • Basement: PartialCrawl Space
  • A/C: Ceiling Fan(s)
  • Heating: Hot Water
  • Fireplace: Two or More
  • Disability Feature: Level Lot
  • General: Sprinkler SystemBalcony
  • Style: Victorian
  • Other Structures: DeckPatio
  • Parking: Off StreetParking spaces: 4
  • Roofing: Composition
  • General: BrickTwo
  • HOA Amenities: Community Laundry
  • Originating MLS: ires
  • School District: Denver District 1
  • County: Denver
  • Zoning: U-TU-B2
  • Fencing: Fenced
  • Utilities: Electricity AvailableCable AvailableMaster Meter-GasSeparate Meter Electricity
  • Water: City
  • Sewer: Public Sewer
  • Source: ires
  • Exclusions: Tenants' personal property.

This listing courtesy of Kyle Flaming , Lightning Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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