236 S Clarkson ST new to site Save Request In-Person Tour Request Virtual Tour
Denver,CO 80209
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 12,632 sqft
Price per Sqft $138
Subdivision Shackelton Place
MLS Listing ID 8331390
Bedrooms 10
Year Built 1952
Annual Tax Amount $11,593
Tax Year 2024
Lot Size 0.290 Acres
Property Sub-Type Quadruplex
Property 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. 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!
Location
State CO
County Denver
Zoning U-SU-B
Interior
Heating Forced Air,Steam
Cooling Attic Fan
Exterior
Exterior Feature Garden,Private Yard
Roof Type Shingle
Building
Lot Description Level
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Steele
Middle Schools Merrill
High Schools South
School District Denver 1
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://player.vimeo.com/video/1083967422?badge=0&autopause=0&player_id=0&app_id=58479/embed