A prime investment opportunity in Denver's highly desirable West Wash Park neighborhood, 342 S Lincoln, appraised at $1,295,000 in November 2023. This fully renovated, three-unit building offers a lucrative rental profile, featuring two spacious one-bedroom apartments with versatile den spaces, ideal for home offices, and a large three-bedroom, two-bathroom unit. Modern upgrades throughout include new kitchens, bathrooms, flooring, and fixtures, complemented by in-unit washer/dryers and three off-street parking spaces. Finishes are the same in all three units. Its proximity to South Broadway's vibrant nightlife and dining scene, combined with the blend of classic exterior charm and contemporary interiors, ensures low vacancy and consistent cash flow. All photos of are of unit #1, please use video links to see the other units.
Property details
Property
Type
Triplex
MLS type
Residential Income
Status
Active
Year built
1919
Stories
2
Living area
2,206 sqft
Price / sqft
$453
Lot
0.09 AC / 3,920 SF
MLS #
2026500
Interior
Features
Eat-in Kitchen, Quartz Counters
Appliances
Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
Flooring
Tile, Vinyl, Wood
Heating
Baseboard, Wall Furnace
Cooling
Air Conditioning-Room
Fireplaces
1
Laundry
Multiple Locations
Exterior & lot
Features
Private Yard
Roof
Composition
Foundation
Slab
Lot
Level
Patio & porch
Covered, Front Porch
Fence
Full
Schools
District
Denver 1
Elementary
Lincoln
Middle
Grant
High
South
Utilities
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected
Water
Public
Sewer
Public Sewer
Financial
Annual tax
$3,793
Parcel
5151-07-007
Special conditions
None Known
Location
Subdivision
Washington Park West
County
Denver
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