236 S Clarkson St, Denver, CO

Real Estate

For Sale

$--,---,---

1050

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 4140 sqft

Garage Yes

Taxes $11,593

Days Active 27

Lot Size

Approx. Age 1952

Avg. Price Per Sqft $422

MLS® Number 8331390

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

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!Show Description

MLS® Number8331390

Laundry Level

Central VacNo

FireplaceNo

Acreage0.29

Exterior

GarageYes

Approx. Age1952

BasementUnfinished

Driveway

Garage Spaces

HeatForced Air

A/CAttic Fan

Heating Fuel

Extras

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