SOLD: 550 S. Lincoln Street (3 units)

Calibrate Real Estate announces that Greg Johnson has successfully facilitated the sale of a 3-unit apartment building located at 550 S. Lincoln Street in Denver, Colorado. This property is located in the attractive West Washington Park neighborhood, and was fully-occupied at the time of the sale. 

We achieved our full list price of $750,000 and had received several offers on the property. This was our second successful sale for these clients in 2018. Last month we sold their property at 342 S. Lincoln Street. We sincerely appreciate our repeat clients! 

Marketing Brochure

Denver Neighborhood: West Washington Park
Address: 550 S. Lincoln Street, Denver Colorado 80209
Sale Date: February 26, 2018
Sale Price: $750,000
Price/Unit: $250,000
Price/SF: $356.13
# of Units: 3
Building Size: *2,106 SF
Lot Size: *4,690 SF
Year Built: 1890
Zoning: U-TU-B2
*Buyer to verify accuracy of square footage. Square footage data was obtained from Denver County Assessor’s website.*

UNIT BY UNIT RENT ROLL:
1: 
2Br/2Ba $1,995/Month
2: 
1Br/1Ba $850/Month
3: 
1Br/1Ba $1,450/Month

PROPERTY HIGHLIGHTS:
– Amazing light rail proximity, 1/2 mile to the Alameda Station
– Ideal location in the West Washington Park Neighborhood 
– Updated investment property; Low maintenance with turn key condition 
– Spacious floor plans & carriage house that includes attractive outdoor spaces and patios 
– Close proximity to restaurants & grocery stores: Blue Bonnet, Sam’s Club, Safeway, & Punch Bowl Social

Calibrate Real Estate (303) 482-2828
900 E. Louisiana Ave. #203, Denver, CO 80210
http://www.CalibrateRE.com
http://www.DenverApartmentBuildingsForSale.com