1225 N Clarkson St - Apartments FOR SALE


Denver, CO 80218- Capitol Hill
$1,550,000 USD
303-877-5889
1225 N Clarkson St, Denver, CO for Sale
$1,550,000 USD
Apartments - FOR SALE
1/55
null | 5.9% Cap Rate

1225 N Clarkson St
Denver, CO 80218
Capitol Hill


HIGHLIGHTS

  • Charming Victorian 4-Plex n the heart of Capitol Hill.
  • Urban setting close to shopping, restaurants and active nightlife
  • Blocks from Cheesman Park and on bus and transit lines
  • Well maintained; balanced mix of larger units with appealing features.
  • Three off-street, tuck-under parking spaces.
  • Secured common area courtyard.

OVERVIEW

This well-maintained classic Victorian residence in Capitol Hill checks all the boxes. With it's prime location, thoughtful renovations, desirable tenant unit layouts, sizes and features makes it an appealing acquisition in this competitive environment. This converted Denver Square's layout offers 3 large units each with their own washer/dryers, nicely appointed kitchens and many original architectural treatments. Unit 4 is a studio loft apartment, built in 2016, that cantilevers over the original garage creating covered parking for units 2, 3 and 4. The garage houses the loft's washer and dryer and tenants additional storage. There is large front porch facing east that creates a cool perch to enjoy the shade in the summer and the courtyard in back is sunny, bright and private. The backyard is fenced with secure coded entry. This property offers privacy in an urban environment appealing to tenants, investor or owner occupants looking to tap into additional income.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$359 USD /SF

# OF UNITS

4

PRICE/UNIT

$387,500

CAP RATE

5.9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

G-MU-5

APN/PARCEL ID

5031-11-013

ASK ABOUT THIS PROPERTY

Win KingKing CommercialMore Info
303-877-5889

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Win KingKing CommercialMore Info
303-877-5889

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.