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32535496
27979430

1225 Clarkson Street, Denver, CO 80218

WK
CO CO400103472, 040013472
King Commercial Real Estate
Listed by King Commercial Real Estate
$1,400,000
218 days on market
Updated 25 days ago

1225 N Clarkson Street

Details
APN 0531-11-01-3000
Property Type Multifamily
Sub Type Apartment Building, Single Family Rental Portfolio
Square Footage 4,317
Net Rentable (SqFt) 4,317
Units 4
Cap Rate 5.94%
NOI $83,206
Occupancy 100%
Price per SqFt $324
Broker Co-Op Yes
Class B
Year Built 1900
Year Renovated 2016
Buildings 2
Stories 3
Lot Size (SqFt) 3,750
Zoning G-MU-5
Parking Spaces 3 spaces
Parking Per SqFt 0.69
Investment Type Owner/User
Ownership Individual

Capitol Hill Multifamily | 4 Unit Denver Square | $387,500/unit

Marketing description

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 dryer.

Unit 1 is a 964 +/- Sf 1 bedroom + den and 1 bath garden level.

Unit 2 consists of the main floor and part of the 2nd floor offering 1,443 +/- SF with 3 bedrooms, 2 baths, nicely appointed kitchen and many of the original architectural treatments intact.

Unit 3 is located on the 2nd and upper floors and offers a 2 bedroom, 2 bath layout in 946 +/- sf with balcony access .

Unit 4 is a studio loft apartment having 964+/- SF in a 1 bedroom and 1 bath design. It is a new addition, built in 2016, that cantilevers over the original garage creating covered parking for units 2, 3 and 4. The garage is where the carriage house washer and dryers is located each tenant additional storage.

There is large front porch that sits above Clarkson Street 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 a highly desirable urban environment appealing to tenants, investor or owner occupants looking to tap into additional income an exceptional buy.

Listing Contacts

WK
CO CO400103472, 040013472
King Commercial Real Estate
Listed by King Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$83,206.00
$6,933.83/mo

Valuation Metrics

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DSCR
5.94%
Cap Rate
5.94%
ROI

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Additional Information

Name
Win King
License
CO400103472
Brokerage
King Commercial
Title
Broker
Brokerage Address
4045 N Pecos St. 201
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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