Listing provided courtesy of Lightning RealtyMLS# 9553238MLS Provider
  • 116 days on site
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*** NEW PRICING: NOW $1,095,000 ***STRATEGIC PRICE ADJUSTMENT - 100% TURNKEY MULTI-FAMILY INVESTMENT IN WEST WASH PARK / SOBO. The iconic Gingerbread House is an exceptionally maintained Victorian quadruplex bridging West Wash Park and the South Broadway corridor. 5.65% cap rate, this fully performing asset features low overhead management and 4 off-street rear parking spaces, driving top-tier rental rates and tenant retention. CORE HIGHLIGHTS: * PROVEN INCOME STREAM: Efficient unit mix of one 2BR with exposed brick, two large 1BRs with original woodwork, and one spacious studio. * GUARANTEED CASH FLOW: Two units fully leased through August 2027; remaining two units in negotiation to lock in peak market rates. Exceptional history of long-term tenant retention. * SOUNDPROOF UPGRADES & NO DEFERRED MAINTENANCE: Professionally installed soundproof windows on street-facing bedroom. Major items done: new efficient central boiler, updated water panel, whole-house backflow valve, remote water shutoff * PREMIUM LOCATION: Walk/Bike Score of 97. Located on Lincoln, just 1 block over from Broadway—tenants love the immediate walk to daily conveniences and South Broadway excitement (Safeway, Natural Grocers, Snooze, Burndown) with a straight shot downtown or to I-25. * TENANT AMENITIES: Shared backyard oasis with a custom pergola, lush lawn, and gas grill, driving a proven track record of near-zero historical vacancy. Secure a predictable, turnkey revenue engine with clear operational upside. Schedule a private tour to view this high-yield asset.

Source: REColorado MLS, MLS#: 9553238

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  • Property Type
    Residential Income
  • Lot
    0.12 acres

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Michael Kozlowski

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 208 S Lincoln Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/22/2026Source: REColorado MLS Price Reduction
$1,095,000 -6.8%
5/28/2026Source: REColorado MLS Price Reduction
$1,174,900 -2.1%
3/5/2026Source: REColorado MLS Added to Database
March 05, 2026