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Linda Ireland, Sales Associate
FOR SALE
$5,245,000
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3401 S Lincoln Street
Englewood, CO 80113

Multi-Family
Residence
30,613
Sqft
0.49
Lot Size
Courtesy: Kaufman Hagan, kwoolsey@khcommercial.com,303-990-4361

Description for 3401 S Lincoln Street Englewood, CO 80113

Lincoln Terrace boasts an exceptional unit mix, featuring 25 multifamily units and 4 retail spaces. Located just blocks from Swedish Medical Center, Lincoln Terrace offers immediate cash flow with an attractive assumable loan (3.99% through 08/2027) as well as the potential for future development as it is located in an opportunity zone. With a dynamic mixed-use profile, this asset provides an enticing opportunity for NOI growth through raising rents to market rate and light cosmetic renovations. Furthermore, its proximity to the vibrant South Broadway retail and restaurant scene ensures a strong tenant base for both residents and retailers. County: Arapahoe Year Built: 1931-1951 # Buildings: 5 # Stories: 2 Construction: Brick Roof Type: Pitched + Flat Gross Building SF: 30,613 Lot Size: 21,345 SF Parking: Off Street | 6 Spaces Heating: Boilers Water/Sewer: Master Gas/Electric: Master Zoning: MU-B-1 (Opportunity Zone) Max Height: 100 Ft (Redevelopment) * Phenomenal location just blocks from Swedish Medical Center and South Broadway * Attractive assumable loan at 3.99% through 08/2027 * Multiple new boilers installed in 2020 * Exceptional unit mix, featuring 25 multifamily units and 4 retail spaces

Property Details

2206068
Multi-Family, Other
Arapahoe
1946
0.49 Acres
2
Brick
Public Sewer
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Courtesy: Kaufman Hagan, kwoolsey@khcommercial.com,303-990-4361

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Linda Ireland 29029 Upper Bear Creek Road Suite 104, Evergreen, CO 80439 | Phone: (303) 718-6672 | Email: lindairelandhomes@gmail.com

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