236 S Clarkson, Denver, CO 80209 - MLS#IRE2070921

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Breeyan Edwards

breeyan@firstcoloradorealty.com +1(970) 646-6555

$ 1,750,000

Est. payment | -/mo

4,140 SqFt

Save

$ 1,750,000

Est. payment | -/mo

Save

4,140 SqFt

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 4,140 sqft

Subdivision Shackelton Place

MLS Listing ID IRE2070921

HOA Y/N No

Year Built 1952

Annual Tax Amount $11,593

Tax Year 2024

Lot Size 0.290 Acres

Acres 0.29

Source ires

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

Community Shackelton Place

Area Metro Denver

Zoning U-SU-B

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Attic Fan

Exterior

Garage Spaces 4.0

Utilities Available Separate Meter Electricity

View Y/N No

Roof Type Fiberglass

Porch Patio

Garage Yes

Building

Lot Description Level

Sewer Public Sewer

Water City

Level or Stories One

Structure Type Brick,Concrete

New Construction false

Schools

Elementary Schools Steele

Middle Schools Merrill

High Schools Denver District 1

School District Denver District 1

Others

Acceptable Financing Cash, Conventional, FHA, VA, 1031 Exchange

Listing Terms Cash, Conventional, FHA, VA, 1031 Exchange

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by David Cohen

+1(970) 646-6555

breeyan@firstcoloradorealty.com

523 St Vrain Ln, Estes Park, CO, 80517, USA

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236 S Clarkson Denver, CO 80209