$1,750,000
For Sale

236 S Clarkson Street

Denver, CO 80209
4140 sqft | 10 beds | 0.29 acres | #8331390
Listing OfficeAltitude Property Group
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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!

  • Property Details
      • Sewer InformationCity Sewer, Public Sewer
      • SubdivisionShackelton Place
      • Property SubtypeIncome Property
      • Property TypeMulti-Family
      • BasementUnfinished
      • Utility SourceCity Water
      • Middle SchoolMerrill
      • MLS #8331390
      • Cost1750000
      • MLS #8331390
      • Elementary SchoolSteele
      • CountyDenver
      • Lot DescriptionLevel
      • High SchoolSouth
      • Acres0.29
      • Square Feet4140
      • Year Built1952
      • Bedrooms10
      • Parking Spaces7

Location

CHERRY POINT PROPERTIESReal Estate Professional – Serving the Denver area for the Past 25 years
OR

Interested in Purchasing 236 S Clarkson Street?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00