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550 S Lincoln Street,  Denver CO, 80209 ( Sold )

  • Sold Price:
    $560,000
  • 07/06/2016

MLS# 6198486
|
5 beds, 4 baths
Source:REcolorado

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Listing Provided Courtesy Of: Walpin & Co LLC
Last Updated: 12/7/2016 4:16 PM
Description for 550 S Lincoln Street,  Denver CO, 80209
This is a unique 3 unit rental property. The garage unit is grandfathered as an allowable rental unit which is not common for the area. Two of the units are way below market rents due to an agreement the tenants had with the owner. The upstairs unit was recently remodeled and in good shape, the main floor unit is large and needs an update, but the rent could easily double. The garage unit was recently, partially remodeled. There is huge opportunity for upside in rents.
Price
Sold Price:
$560,000
Sold Date:07/06/2016
Washington Park West
Denver
5
4
3,200 (approx)
6198486
Sold
Description
This is a unique 3 unit rental property. The garage unit is grandfathered as an allowable rental unit which is not common for the area. Two of the units are way below market rents due to an agreement the tenants had with the owner. The upstairs unit was recently remodeled and in good shape, the main floor unit is large and needs an update, but the rent could easily double. The garage unit was recently, partially remodeled. There is huge opportunity for upside in rents.
Listing Information
Property Type: Triplex
Multi Level 5
4 0.11 Acres
4,690 3,200 (approx) $175
1890 Brick, Wood Siding
Washington Park West
2,800 Sq. Ft. (approx)
Individual Electric Meters, Common Gas Meters, Separate Gas Meter
3 Total
Neighborhood
School Information
District: Denver 1
LINCOLN GRANT SOUTH
Room Information
Master Suite
Hookups in Unit
Eat-In Kitchen
Interior Features
Cook Top Range, Dishwasher, Disposal, Freezer, Microwave Oven, Self-Cleaning Oven, Range-Oven
Carpet, Wood
Ceiling Fan(s), Air Cond. Unit
Gas Heat, Forced Air
Full, Cellar
Walk-in Closets
Exterior / Lot Features
2 Parking Spaces, Assigned Parking Space
Wood, Brick
Balcony, Covered, Deck, Patio
Mountain
U-TU-B2
Fenced (any type)
Deck-Covered, Near Public Transit
Community Features
Bus Line
Financial Considerations
$9
5151-23-009
$2,359
2015
Listing Price History

Denver Real Estate

Denver is located in Colorado. Denver, Colorado 80209 has a population of 604,356.

The median household income in Denver, Colorado 80209 is $49,091. The median household income for the surrounding county is $49,091 compared to the national median of $53,046. The median age of people living in Denver 80209 is 33.7 years.

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Courtesy: Walpin & Co LLC
Copyright © 2016 REcolorado. All rights reserved. Information is deemed reliable but is not guaranteed.

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