480-482 S Lincoln Street

Denver, CO 80209

Incomes Property  $750,000  Expired

08-16-2017 11:39am

Fantastic starter rental property. Well maintained with lots of original features and character. Complete with fenced in outdoor space and a 2 car garage, this turn of the century 1/2 duplex is ideal for someone looking to owner occupy, or keep as a rental. Tenants are currently paying below market rates of $1375/month. The property features beautiful original hardwood flooring, built in shelving in multiple locations, elegant fireplace, and a finished basement with a usable 3rd bedroom. Walking distance to Wash Park, and quick access to I-25. Public transportation nearby as well. Don't miss out on this well-priced opportunity!

MLS#
3407555
MLS Originator
REcolorado (Denver)
Off Market Date
08-16-2017 12:00am
Original Price
$750,000

Property
Income
Property Subtype
Income
Status
Expired
Last Update
08-16-2017 11:39am
Bedrooms
2
Bathrooms
4
SqFt
2584
Year Built
1903
Der PSF Total
290.25

SqFt Lot
2665.00
SqFt Finished
2584
SqFt Basement
640
SqFt Above
1942

Previous Year Tax
$0
Terms and Conditions
Cash, Conventional, Exchange, FHA, VA
Owner Paid Utilities
None
Transaction Type
For Sale

Interior Features
Breakfast Nook, Built-Ins, Double Pane Windows, Eating Space / Kitchen
Appliances
Dishwasher, Dryer, Refrigerator (Kitchen), Stove/Range/Oven, Washer
Flooring
Carpet, Tile Floor, Wood Floors
Cooling
Air Conditioning-Central
Heating
Forced Air
Heating Fuel
Gas

Baths Full
0
Laundry Availability
Washer/Dryer Included

Features
Covered Patio, Fence, Front Porch, Yard
Base Type
Standard
Base Finished
Yes
Base Size
Partial
Basement Finished %
75
Parking Spaces
1
Vehicle Spaces
2
Type
# of Space
L x W
Description
Garage (Detached)
2
-
each unit has 2 car detached garage

Building Type
Duplex (all units)
Roof
Composition Shingles,Rolled Roofing
Construction
Brick, Stucco
Exterior Features
Covered Patio, Fence, Front Porch, Yard
Features
Residential Management
Construction Method
Block,Brick
Builder Source
County Records

School District
Denver 1
Elementary School
Lincoln
Middle School
Grant
High School
South

Annual Actual Expenses
8175
Annual Projected Expenses
12000
Annual Actual Income
32700
Annual Projected Income
48000
Annual Actual Net Income
24525
Annual Projected Net Income
36000
Unit Furnished
0

PPA
12500000.00
Lot Width
0.00

executed in 3.473 sec.