1075-1085 Clarkson Street, Denver, CO 80218 (Sold on 10/10/2017)

  • 8 BedBeds
  • 13 Baths
  • 0 Full BathFull Baths
  • 0 Half BathHalf Baths
  • 0 3/4 Baths
  • 6,466 Sqft
  • Commercial
  • Sold
  • MLS# 3958198
  • mls board disclosure Pinnacle Real Estate Advisors
0 More Scheduled


  • Price Reduced

Property Description1075-1085 Clarkson Street, Denver, CO 80218

This 11 unit, turn of the century apartment building is listed at $136,364/unit. Most units have hardwood floors and updated windows. Includes seller owned laundry and additional income from huge parking garage. Opportunity to renovate and increase rental rates. ***Property will require substantial capital improvements to achieve projected 6% cap rate. ***Current cap rate based on 2017 YTD financials annualized is 4.54%. ***Please note building square footage is from CoStar. Buyer is responsible to verify building square footage. ***G-MU-5 Zoning Exceptional location in the Capitol Hill submarket of Denver.

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Property Details1075-1085 Clarkson Street, Denver, CO 80218

Listing courtesy of: Pinnacle Real Estate Advisors

General Features

Style  Multi-Story
Year Built  1905
Lot Size  2.3000
Total Sq. Ft  6466.00
Finished Sq. Ft.  6466
Beds  8
Baths  13

Interior Features

Square Footage Above approx  4200
Heating  Baseboard, Hot Water
Cooling Description  Air Conditioning-Individual

Exterior / Lot Features

Exterior  Front Porch


School District  Denver 1

Financial Considerations

Tax Amount  $727500
Tax Year  7275


Financing My Home



Monthly insurance : $0.00
Monthly taxes : $0.00
Monthly payment : $0.00
Total monthly payment : $0.00

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