236 S Clarkson Street
Denver, CO 80209
4140 sqft | 10 beds | 0.29 acres | #8331390

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
- Exterior MaterialsGarden, Private Yard
- FoundationConcrete Perimeter
- Property ConditionUpdated/Remodeled
- SubdivisionShackelton Place
- Sewer InformationPublic Sewer
- BasementUnfinished
- Original List Price$1,750,000
- Property SubtypeQuadruplex
- Structure TypeQuadruplex
- School DistrictDenver 1
- Middle SchoolMerrill
- Taxes Annual$11,593
- MLS #8331390
- Cost1750000
- MLS #8331390
- Utility SourcePublic
- Elementary SchoolSteele
- CountyDenver
- Lot DescriptionLevel
- High SchoolSouth
- Acres0.29
- Square Feet4140
- Year Built1952
- Bedrooms10
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: David Cohen (#REC55045138)
Listing Office: Alpha Real Estate Associates LLC (#RECM5305)

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