NOT LISTED FOR SALE

1245 Clayton St Denver, CO 80206

Congress Park Neighborhood
7 Beds
6 Baths
4,666 Sq Ft
6,245 Sq Ft Lot

Last Sold November 16, 2020

Last sale price $1,350,000 $289 Per Sq Ft

18 Days on Market

Highlights

  • Estate
  • City View
  • American Four Square Architecture
  • Teller Elementary School Rated A-
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of November 2020

Beautiful Congress Park home in the heart of Denver, available for residential investment property or live in this amazing Denver Square home, built in 1898 and earn income as you enjoy your new home. The home is currently a quadreplex with add'l. studio in bsmt. Rentals includes a 3 bdrm, 2 bath apt, a 2 brdm, 1 bath 2nd floor apt, a 3rd floor, 1 bdrm, 1 bath apt, a 1 bdrm, 1 bath basement apt and one studio, with a murphy bed space & small office. There are a total of 5 kitchens & 6 bathrooms. The home is nicely updated and could easily be converted to a single family home. (Move 2 walls!) Enjoy all the ambiance of wood trim, decorative fireplaces, wood flooring, updated kitchens and a cute courtyard/ backyard with bbq. All apt. are updated and have large windows for great light. There are 2, double car garages, an add’l parking space and a small shed for storage. There is also a carriage house above the garage which could be converted to another residential unit. Looking for an opportunity in Denver, this is it. Call for details or showings.


INVESTMENT SUMMARY:
Price: $1,575,000
Price/Unit $315000
Price/Sq Ft $337
Pro Forma Cap Rate 4.8%

CASH FLOW INDICATORS
Net Operating Income $72800
Add’l Potential Income $9600
Expenses $16000
Future Cap Rate 5.17%

Last Agent to Sell the Property

Vicky Hubbard

HomeSmart License #100003031 Listed on: 10/08/2020

HomeSmart

Last Buyer's Agent

Vicky Hubbard

HomeSmart License #100003031 Listed on: 10/08/2020

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,268

Year Built

  • Built in 1898 | Remodeled

Lot Details

  • 6,245 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Level Lot
  • Front Yard Sprinklers
  • Garden
  • Property is zoned U-RH-3A

Parking

  • 4 Car Garage

Home Design

  • Estate
  • American Four Square Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3-Story Property
  • High Ceiling
  • Living Room with Fireplace
  • 2 Fireplaces
  • Wood Flooring
  • City Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Grill
  • Rain Gutters

Schools

  • Teller Elementary School
  • Morey Middle School
  • East High School

Utilities

  • No Cooling
  • Radiant Heating System
  • 220 Volts
  • 110 Volts
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Tenant pays for cable TV, internet, telephone
  • The owner pays for exterior maintenance, gas, grounds care, insurance, taxes, trash collection, water
  • Assessor Parcel Number 5012-26-023

Community Details

Overview

  • No Home Owners Association
  • Congess Park Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,268

Year Built

Built in 1898 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Architectural Style: Denver Square
  • Structure Type: Quadruplex
  • Levels: Three Or More
  • Year Built: 1898
  • Above Grade Finished Sq Ft: 3574
  • Entry Location: Exterior Access
  • Exclusions: Tenants personal property
  • Living Area: 4666
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Congess Park
  • Ownership: Estate
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.85714
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range
  • Fireplaces: 2
  • Interior Amenities: Eat-in Kitchen, High Ceilings, Laminate Counters
  • Flooring: Wood
  • Fireplace Features: Living Room
  • Common Walls: 1 Common Wall
  • Basement: Full
  • Basement: Yes
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 1092
  • Entry Level: 1

Exterior Features

  • Direction Faces: East
  • Roof: Composition
  • Construction Materials: Brick
  • View: City
  • Exterior Features: Balcony, Barbecue, Garden, Rain Gutters
  • Patio and Porch Features: Covered, Front Porch, Patio

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4
  • Total Parking Spaces: 5
  • REC_ParkingCount: 3

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Radiant
  • Water Source: Public
  • Electric: 110V, 220 Volts
  • Laundry Features: Common Area, In Basement
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Fee Information

  • Operating Expense: 15600

Schools

  • Middle Or Junior School: Morey

Lot Info

  • Parcel Number: 5012-26-023
  • Lot Size Acres: 0.14
  • Fencing: Partial
  • Building Area Total: 4666
  • Lot Features: Level, Sprinklers In Front
  • Lot Size Sq Ft: 6245

Rental Info

  • Owner Pays: Exterior Maintenance, Gas, Grounds Care, Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Internet, Telephone

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6268

MLS Schools

  • Elementary School: Teller
  • High School: East

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $1,350,000 -9.4% $289 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/23/2020 10/23/20 Price Changed $1,490,000 -5.4% $319 / Sq Ft
10/08/2020 10/08/20 For Sale $1,575,000 -- $338 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Vicky Hubbard

    Seller's Agent in 2020

    Vicky Hubbard

    HomeSmart

    (720) 837-0542

    1 in this area

    8 Total Sales

    Vicky Hubbard
    Section Image
See All Agents

Map

Source: REcolorado®

MLS Number: 4881209

REcolorado®

APN: 05012-26-023-000

Colorado Denver County Denver 80206 Congress Park

1245 Clayton St, Denver, CO

This home is located at 1245 Clayton St, Denver, CO 80206 since 08 October 2020. This property was built in 1898. 1245 Clayton St is a home located in Denver County with nearby schools including Teller Elementary School, Morey Middle School, and East High School.

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