236 S Clarkson ST, Denver, CO 80209 – 2070921

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Admin For EXIT Realty Mountain View

EXIT Realty Mountain View

admin@exitrealtymtview.com +1(719) 375-3864

$ 1,750,000

Est. payment | -/mo

4,140 SqFt

Save

$ 1,750,000

Est. payment | -/mo

Save

4,140 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,140 sqft

Price per Sqft $422

Subdivision Shackelton Place

MLS Listing ID 2070921

HOA Y/N No

Abv Grd Liv Area 4,140

Year Built 1952

Annual Tax Amount $11,593

Tax Year 2024

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Quadruplex

Source recolorado

Property Description

Meticulously maintained high-upside cash-flowing investment opportunity! This value-add fourplex is a truly irreplaceableproperty in the heart of Washington Park, one of Denver's most coveted neighborhoods. Property features an ideal unitmix: 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 rearentrances, and designated yard space. Additional highlights include seven off-street parking spaces (four of which arecovered) enhancing tenant convenience and property value. This versatile property appeals to a variety of investmentstrategies: LONG-TERM HOLED: A compelling buy-and-hold opportunity in one of Denver's premier areas, with addedupside if the basement beneath the rear 2-bedroom unit can be converted to livable space. OWNER-OCCUPANT: Perfect forbuyers seeking to live in one unit while generating income from the others. DEVELOPMENT-POTENTIAL: Situated on agenerous 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 ASSEPARATE UNITS: This property includes party walls, making it an exceptional opportunity for investors. With the existingstructure, it can be re-zoned into four separate units—each eligible to be sold individually. The neighborhood's proximity todowntown Denver, recreational spaces, and cultural attractions make it attractive to a diverse tenant base, includingprofessionals, families, and students. Washington Park is among Denver's most sought-after neighborhoods. It offers ablend of historic charm and modern amenities, featuring tree-lined streets, Craftsman-style homes, and access to theexpansive 165-acre Washington Park and is known for its vibrant community!

Location

State CO

County Denver

Zoning U-SU-B

Rooms

Basement Unfinished

Interior

Heating Forced Air, Steam

Cooling Attic Fan

Fireplace N

Exterior

Exterior Feature Garden, Private Yard

Roof Type Shingle

Total Parking Spaces 7

Garage No

Building

Lot Description Level

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Steele

Middle Schools Merrill

High Schools South

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo, Other, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo, Other, VA Loan

Special Listing Condition None

Listed by Alpha Real Estate Associates LLC

+1(719) 375-3864

admin@exitrealtymtview.com

3204 N Academy Blvd Suite 120, springs, CO, 80917, United States

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