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23202122
23202123

3225 & 3229 S Lincoln Street, Englewood, CO 80113

JF
CO EA40042617
Kentwood Commercial
Listed by Kentwood Commercial
$1,475,000
404 days on market
Updated 36 days ago
Opportunity zone

3225 & 3229 S Lincoln Street Portfolio

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 2,606
Units 4
Cap Rate 3.73%
NOI $55,889
Pro-Forma Cap Rate 3.81%
Pro-Forma NOI $57,086
Price per SqFt $428
Year Built 1920
Buildings 2
Lot Size (SqFt) 9,147
Zoning MU-B-2

Downtown Englewood Investment Opportunity with Redevelopment Potential

Marketing description

Seize a rare opportunity to acquire a residential income property portfolio in the heart of Englewood, Colorado. Ideally positioned on a 9,147-square-foot site, this unique offering consists of two income-producing parcels, making it an attractive prospect for both investors seeking strong rental returns and developers looking for future redevelopment potential.

Parcel 1: 3225 S Lincoln Street -

This well-maintained single-family home features two bedrooms and two bathrooms, offering a comfortable living space with modern updates throughout. Additional highlights include a finished basement, a spacious rear porch, and a layout that appeals to both tenants and potential owner-occupants.

Parcel 2: 3229 S Lincoln Street -

This income-producing triplex consists of three fully-occupied two-bedroom, one-bathroom units. Two of the units have been completely renovated, featuring new appliances, fresh paint, upgraded flooring, and modern fixtures, ensuring strong tenant demand and long-term rental stability.

Strategic Location & Growth Potential -

Prime Englewood Location: Situated along South Lincoln Street, this property is just one block from South Broadway, where tenants enjoy easy access to Englewood’s vibrant dining, shopping, and entertainment scene. Popular restaurants, boutique shops, bars, and essential services are all within walking distance.

Listing Contacts

JF
CO EA40042617
Kentwood Commercial
Listed by Kentwood Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$55,889.00
$4,657.42/mo

Valuation Metrics

0
DSCR
3.79%
Cap Rate
3.79%
ROI

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Additional Information

Name
Jen Fillion
License
EA40042617
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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