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For more information on this property, contact Patrick Murray at 303-881-1333 or support+patrick_murray@perfectstormnow.com

4651 S Lincoln Street
Englewood, Colorado CO 80113
Price: $697,500
Listing ID 3031282
Status Active Under Contract
Bedrooms 3
Total Baths 2
SqFt 1,573
Acres 0.150
Year Built 1951

Property Description:

Enjoy this spectacular opportunity to live in a charming & updated brick ranch home while earning passive income by renting out the adorable carriage house (ADU) sitting behind the primary residence. Or, for investors, you could rent out both and convert the detached workshop/garage into a 3rd rental unit. The county's land use for the area is Duplex/Triplex. Did I mention the location being minutes from the South Broadway restaurants & shops, local breweries, Englewood Civic & Recreation Centers, downtown Englewood, City Center Shopping Mall, The Gothic Theater, Platte River Trail, hospitals, and steps away from Cherrelyn Elementary School? Simply a great locale. 1) Updated main home with 2 beds x 1 bath, sharp clean-lined new paint throughout, classic well-kept hardwood floors, SS gas range, SS refrigerator, newer windows, newer roof (2017), updated full bath with vessel sink & granite topped vanity accented with wainscoting wall paneling, newer HVAC (2017), newer extended driveway, enclosed sunroom for you plant lovers, mature trees & well-manicured lawn, and a small golf putting area. 2) Remodeled carriage house (ADU) with address 4653 S Lincoln St rents for $1495/month, has newer laminate hardwoods, off-alley parking, all appliances included; this ADU sits on its own parcel that's annexed to the primary residence lots 35-36 (grandfathered in by county). 3) The detached workshop/garage is ultra-spacious and plumbed for a bath, electricity, and sewer and could be transformed into a 3rd rental dwelling or customized man cave / she shed. Schedule your showing today!

Primary Features

County: Arapahoe
Property Sub Type: Duplex
Property Type: Residential Income
Year Built: 1951
Zoning: R-2-B

Interior

Above Grade Finished Area: 1573
Above Grade Finished Area Source: Public Records
Appliances: Cooktop, Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
Cooling: Central Air
Flooring: Laminate, Tile, Wood
Heating: Electric, Forced Air
Interior Features: Breakfast Area, Primary Suite, Open Floorplan, Tile Counters
Laundry Features: In Unit
Levels: One
Living Area: 1573
Living Area Source: Public Records
Stories: 1

External

Architectural Style: Traditional
Construction Materials: Brick, Frame
Entry Location: Ground
Exterior Features: Garden, Lighting, Private Yard, Rain Gutters
Foundation Details: Concrete Perimeter
Garage Spaces: 1
Lot Features: Landscaped, Level, Many Trees
Lot Size SqFt: 6534
Parking Features: Concrete, Exterior Access Door, Guest
Parking Total: 4
Patio And Porch Features: Covered, Front Porch, Patio
Roof: Composition
Utilities: Electricity Connected, Natural Gas Connected, High Speed Internet Available

Location

Building Area Source: Public Records
Country: US
Elementary School: Cherrelyn
Elementary School District: Englewood 1
High School: Englewood
High School District: Englewood 1
Middle or Junior School: Englewood
Middle Or Junior School District: Englewood 1
Subdivision: South Broadway Heights

Additional

Documents Available: Location Map
Documents Count: 1
Property Condition: Updated/Remodeled
Property Sub Type Additional: Duplex
Status: Pending
Structure Type: Duplex

Financial

Cap Rate: 5.9
Contingency: None Known
Exclusions: PRIMARY PROPERTY: Seller's personal property, artwork, and patio furniture. CARRIAGE HOME: Tenant's personal property
Gross Income: 17940
Owner Pays: Electricity, Exterior Maintenance, Insurance, Taxes, Trash Collection, Water
Ownership: Individual
Possession: Closing
Tax Annual Amount: 2229
Tax Year: 2022
Tenant Pays: Cable TV, Internet

Zoning Info


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Contact - Listing ID 3031282

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Patrick Murray

8300 E. Maplewood Ave., Ste. 100
Greenwood Village, CO 80111
Phone: 303-881-1333

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