1221 N Clarkson Street Bldg , Unit

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Active Denver, CO 80218 MLS# 8393254 Listed by Thomas Shockcor on 10/21/2022
$3,485,000
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Commercial Property Type
0.14 Acres
7500.00 Sq Ft
1962 Year Built
G-MU-5 Zoning

Overview

This multi-family property has been held by one owner for 30 years and has been meticulously cared for. Solid 1962 brick and frame construction, excellent rental history, low maintenance, and multiple recent capital improvements make this turn-key property easy to own and operate. Located 1 mile east of Downtown Denver in the Capitol Hill neighborhood where demand for urban units is on the rise. The Capitol Hill neighborhood is a prime spot for living and a place where architectural charm, parks, art, culture, and history collide. Capitol Hill is one of the trendiest places to be in Denver with a long list of restaurants, coffee shops, bars, and boasts numerous iconic landmarks like the golden-domed Colorado State Capitol building.

New Home Sales Hours

Courtesy Of SHOCKCOR INC
Source: REcolorado

View On REcolorado

Upcoming Open Houses

    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays Taxes
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective 2022
    Basement Details
    • Basement? No
    • Basement
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 7,500
    • Living Area, Finished
    • Above grade, Finished
    • Basement, Finished
    • Basement, Unfinished
    • PSF Total $464.67
    • PSF Finished $
    • PSF Above Grade $
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances
    • Building Class
    • Building Features Coin Laundry
    • Ceiling Height
    • Common Walls
    • Exclusions Tenant Personal Property
    • Flooring
    • Furnished
    • Interior Features
    • Laundry Availability
    • Security Features Smoke Detector(s)
    • Spa Features
    • Window Features

    Room Details

    Bathroom Details Total Bathrooms:
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms:
    More Room Details

    Unit Information

    Summary

    • Number of Units 13
    • Number of Units Furnished 0
    • Number of Units Vacant 1
    • Unit Features Assigned Parking
    Single Unit Details
    • Unit Type Studio
    • Total Units 2
    • Average Rent
    • Average SqFt 475.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators
    • Stoves
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description Scheduled Rent $1,100
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit
    • Unit Type 1 Bedroom
    • Total Units 10
    • Average Rent
    • Average SqFt 600.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators
    • Stoves
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description Scheduled Rent $1,350
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit
    • Unit Type 2 Bedroom
    • Total Units 1
    • Average Rent
    • Average SqFt 900.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators
    • Stoves
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description Scheduled Rent $1,575
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels
    • Stories
    • Structure Type Mid Rise (4-7)
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture Contemporary
    • Construction Materials Brick,Frame
    • Foundation Details
    • Roof Membrane
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features
    • Fencing
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 0.14
    • Lot Size Dimensions
    • Lot Size SqFt 6,250
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $24,892,857.14
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access Public Road
    • Road Responsibility Public Maintained Road
    • Road Surface Paved

    Parking/Garage

    Parking Space Summary

    • Parking Features Asphalt,Concrete
    • Total Parking Spaces 10
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 10
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling
    • Green Energy Efficient
    • Heating
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer Public Sewer
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service 220 Volts
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available 1
    • Water Source Public
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities
    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $0
    1st HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    Restrictions & Covenants
    • Pets Allowed
    • Rentals Allowed
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate 4.66
    • Cap Rate Calculation
    Actual expense details
    • Operating Expense Includes Insurance,Maintenance,Professional Management,Real Estate Tax,Utilities
    Commission Information
    • Buyer Agency Compensation 1.50%
    • Compensation Offered
    • Dual Variable Compensation No
    • Commission Modified
    • Closing Comments
    Income details
    • Actual Annual Net Income $
    • Gross Income $
    • Income Includes
    • Income Includes Description
    Landleasing details
    • Land Lease Amount
    • Land Lease Amount Frequency
    • Land Lease?
    Projected
    • Other Annual Income $
    • Potential Rental Income Annual $
    • Projected Annual Expense $54,372
    • Projected Annual Net Income $162,355
    • Projected Gross Income $216,727
    • Projected Gross Operating Income $
    • Projected Gross Scheduled Income $
    • Vacancy Credit Losses
    Tax details
    • Annual Tax $13,726
    • Legal Description CENTRAL CAPITOL HILL SUB B1 L12 & 13
    • Tax Exemptions
    • Tax ID 5031-11-012
    • Tax Year 2021
    Other
    • Tenant Pays Cable TV,Electricity,Gas,Internet,Telephone,Trash Collection,Water
    • Utilities Metering
    • Utilities Paid By Tenant

    Neighborhood

    Summary

    • Building Name
    • Development Name
    • Park Name
    • Senior Community No
    • Subdivision
    New Home Community
    • Community Description
    • Community MLS #
    • Community Name
    • Community Opening
    • Community Website
    • Current Promotions
    • Development Status
    • Directions from Agent
    • Move In Date
    • New Home Available Options
    • New Home Land MLS #
    • New Home Plan MLS #
    Zoning Details
    • Current Use Multi-Family
    • Incorporated? No
    • Zoning G-MU-5
    • Zoning Jurisdiction

    Other

    Business Details
    • Business Amenities
    • BusinessDescription
    • BusinessType
    • Year Established
    History
    • Original List Price $3,485,000
    Partial Ownership Details
    • Partial Ownership Amount
    • Week Remarks
    • Weeks Available
    Other
    • Home Warranty
    • Ownership
    • Possession Closing/DOD
    • Special Listing Conditions
    • Year Built 1962

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    School Zone

    District:
    Schools: Elementary School, High School, Middle School

    Area Map

    Walk Score

    Bike Score

    Bike Score

    0 description
    Transit Score

    Transit Score

    0 description summary
    Walk Score

    Walk Score

    0 description
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