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Details
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 spacesPROPERTY FEATURES
Sewer Source :
Public Sewer
Parking Total:
6
Construction Materials:
Brick
PROPERTY DETAILS
Street Address: 3401 Lincoln Street
City: Englewood
State: Colorado
Postal Code: 80113
County: Arapahoe
MLS Number: 2206068
Year Built: 1946
Courtesy of Kaufman Hagan
City: Englewood
State: Colorado
Postal Code: 80113
County: Arapahoe
MLS Number: 2206068
Year Built: 1946
Courtesy of Kaufman Hagan
Courtesy of Keller Williams Realty Success