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Buy a multi-family propertyat 1203 Clayton St, Denver, CO 80206

$1,649,900

$1,675,000 (-1.5%)

$0/mo

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Multifamily

4,048 Sq. Ft.

5,183 Sq. Ft. lot

364 Days on market

1557870 MLS ID

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About 1203 Clayton St multi-family property

Astounding opportunity is knocking in Historic Congress Park with this side-by-side 2 story (3rd Story Unfinished Attic) duplex (both sides) situated on a prime zoned corner (U-MS-2). This is arguably the last of the most coveted landmarks and locations you will ever hope for at the corner of 12th Avenue and Clayton Street in the heart of the 12th Avenue Business District. This zoning classification allows for multiple commercial uses in a residential neighborhood. The property has not been available for sale in over 22 years with one half presently being used as a work/live space on the owner occupant side with three additional income (rented) units on the adjacent side. Built in 1909, this Victorian Era building offers modern finishes while keeping its timeless architectural features preserved for the best living experience Denver has to offer. 8 bedrooms, 7 bathrooms, 3 covered porches, 2 patios, two balconies and a full unfinished attic space offers so many flex space opportunities, its impossible to explore the many options here. 3rd floor development and expansion could allow for city skyline views as well. Original wood floors, lead glass, stained glass, period lighting and 2 Schonbek Crystal Chandeliers. Updates include modern 5 steel storm doors, forced air furnaces, electric panels, copper main water supply from the street and indoor domestic copper water lines have been mostly replaced as well. High basement ceilings (7.5 feet) allow for usable coveted rental income and additional living space.
Astounding opportunity is knocking in Historic Congress Park with this side-by-side 2 story (3rd Story Unfinished Attic) duplex (both sides) situated on a prime zoned corner (U-MS-2). This is arguably the last of the most coveted landmarks and locations you will ever hope for at the corner of 12th Avenue and Clayton Street in the heart of the 12th Avenue Business District. This zoning classification allows for multiple commercial uses in a residential neighborhood. The property has not been available for sale in over 22 years with one half presently being used as a work/live space on the owner occupant side with three additional income (rented) units on the adjacent side. Built in 1909, this Victorian Era building offers modern finishes while keeping its timeless architectural features preserved for the best living experience Denver has to offer. 8 bedrooms, 7 bathrooms, 3 covered porches, 2 patios, two balconies and a full unfinished attic space offers so many flex space opportunities, its impossible to explore the many options here. 3rd floor development and expansion could allow for city skyline views as well. Original wood floors, lead glass, stained glass, period lighting and 2 Schonbek Crystal Chandeliers. Updates include modern 5 steel storm doors, forced air furnaces, electric panels, copper main water supply from the street and indoor domestic copper water lines have been mostly replaced as well. High basement ceilings (7.5 feet) allow for usable coveted rental income and additional living space.

Property details

House

Above Grade Finished Area: 2870

Architectural Style: "Foursquare/Denver Square"

Below Grade Finished Area: 1518

Building Area Total: 4388

Construction Materials: "Brick/Brick Veneer"

Lower Sq Ft: 1518

Total Sq Ft: 4388

Levels: "Two"

Living Area: 4048

Living Area Source: Assessor

Living Area Units: Square Feet

Stories: 2

Structure Type: "Duplex"

Year Built: 1909

Property Access

Accessibility Features: "Level Lot"

Appliances and Equipment

Appliances: "Self Cleaning Oven", "Refrigerator", "Washer", "Dryer", "Microwave", "Disposal"

Basement

Basement: "Full", "90%+ Finished Basement", "Walk-Out Access", "Daylight"

Bathrooms

Bathrooms Total Integer: 7

Baths Full Additional: 0

Baths Full Basement: 0

Baths Half Additional: 0

Baths Half Basement: 0

Baths Three Quarters Additional: 0

Baths Three Quarters Basement: 0

Baths Three Quarters Lower: 0

Baths Three Quarters Upper: 0

Bedrooms

Bedrooms Total: 8

Location

City: Denver

Country: US

County Or Parish: Denver

Locale: Denver

Latitude: 39.735329

Longitude: -104.95536

MLS Area Major: Metro Denver

Postal Code: 80206

State Or Province: CO

Street Additional Info: 1207

Street Name: Clayton

Street Number: 1203

Street Suffix: St

Subdivision Name: Congress Park

Unparsed Address: 1203-1207 Clayton St Denver CO 80206

Cooling

Cooling: "Evaporative Cooling", "Ceiling Fan(s)"

Cooling YN: t

Property

Direction Faces: Southeast

Crops: None

Possible Use: "Commercial"

Property Condition: "Not New, Previously Owned"

Property Sub Type: Income Property

Property Type: Residential Income

Utilities

Electric: "Electric", "Separate Meter Electricity"

Gas: "Natural Gas", "Master Meter-Gas"

Is Water Meter Installed: Yes

Utilities: "Natural Gas Available", "Electricity Available", "Cable Available"

Schools

Elementary School: Teller

High School: East

High School District: Denver 1

Middle Or Junior School: Morey

Exterior Features

Exterior Features: "Balcony"

Patio And Porch Features: "Patio"

Fence

Fencing: "Partial", "Fenced"

Fireplaces

Fireplace Features: "2+ Fireplaces"

Fireplace YN: t

Heating

Heating: "Forced Air"

Heating YN: t

Garage

Garage Type: None

Taxes

Has Metro Tax District: No

Tax Annual Amount: 7310

Tax Year: 2022

Water

Has Water Rights: No

Water Source: "City Water"

Listing

Price Per Sq Ft: 376

Listing Id: 1557870

Listing Terms: "Cash", "Conventional", "1031 Exchange"

List Price: 1649900

Mls Status: Active

Number Of Units Total: 2

Special Listing Conditions: "Other Owner"

Standard Status: Active

Interior Features

Interior Features: "Eat-in Kitchen", "Pantry", "Wet Bar"

Lot

Lot Features: "Gutters", "Lawn Sprinkler System", "Corner Lot", "Level"

Lot Size Acres: 0.12

Lot Size Area: 5183

Lot Size Square Feet: 5183

Lot Size Units: Square Feet

Miscellaneous

Other Structures: "Kennel/Dog Run"

Monthly cost

Estimated monthly cost

$10,170/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Schools

Denver enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,550,906

+$49,497

$1,600,403

Seller agent commission$49,497 (3%)*

$0 (0%)

Buyer agent commission$49,497 (3%)*

$49,497 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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Unreal Estate checked: Aug 8, 2023 at 4:36 p.m.

Data updated: Jul 21, 2023 at 8:45 p.m.

Courtesy of Todd Barker, ASSIST 2 SELL DENVER METRO {attribution_contact}
This content last updated on 07/21/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Provided for limited non-commercial use only under IRES Rules. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © IRES 2024. All Rights Reserved.

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