236 S Clarkson Street, Denver, CO 80209
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
236 S Clarkson Street,Denver, CO 80209
$1,750,000
- 10 Beds
- 5 Baths
- 4,140 sq. ft.
- Multi-family
- Active
Listed by:david cohendavidraycohen@gmail.com,303-526-8720
Office:alpha real estate associates llc.
MLS#:8331390
Source:ML
Price summary
- Price:$1,750,000
- Price per sq. ft.:$422.71
About this home
Meticulously maintained high-upside cash-flowing investment opportunity! This value-add fourplex is a truly irreplaceable property in the heart of Washington Park, one of Denver’s most coveted neighborhoods. Property features an ideal unit mix: three 2-bedroom/1-bath units and one expansive 4-bedroom/2-bath unit. All of the units are currently on month-to-month leases. Each unit is thoughtfully appointed with hardwood floors, updated bathrooms, both front and rear entrances, and designated yard space. Additional highlights include seven off-street parking spaces (four of which are covered) enhancing tenant convenience and property value. This versatile property appeals to a variety of investment strategies: LONG-TERM HOLED: A compelling buy-and-hold opportunity in one of Denver’s premier areas, with added upside if the basement beneath the rear 2-bedroom unit can be converted to livable space. OWNER-OCCUPANT: Perfect for buyers seeking to live in one unit while generating income from the others. DEVELOPMENT-POTENTIAL: Situated on a generous 12,700 sq ft lot, the site offers excellent possibilities for redevelopment. Whether you’re an investor, developer, or owner-occupant, this unique property offers flexibility, income potential, and an unmatched location.
SOLD AS SEPARATE UNITS: This property includes party walls, making it an exceptional opportunity for investors. With the existing structure, it can be re-zoned into four separate units—each eligible to be sold individually. The neighborhood's proximity to downtown Denver, recreational spaces, and cultural attractions make it attractive to a diverse tenant base, including professionals, families, and students. Washington Park is among Denver's most sought-after neighborhoods. It offers a blend of historic charm and modern amenities, featuring tree-lined streets, Craftsman-style homes, and access to the expansive 165-acre Washington Park and is known for its vibrant community!
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Home facts
- Year built:1952
- Listing ID #:8331390
Rooms and interior
- Bedrooms:10
- Total bathrooms:5
- Living area:4,140 sq. ft.
Heating and cooling
- Cooling:Attic Fan
- Heating:Forced Air, Steam
Structure and exterior
- Roof:Shingle
- Year built:1952
- Building area:4,140 sq. ft.
- Lot area:0.29 Acres
Schools
- High school:South
- Middle school:Merrill
- Elementary school:Steele
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,750,000
- Price per sq. ft.:$422.71
- Tax amount:$11,593 (2024)
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