1060 N Pennsylvania ST, Denver, CO 80203
1060 N Pennsylvania ST, Denver, CO 80203
1060 N Pennsylvania ST, Denver, CO 80203
1060 N Pennsylvania ST, Denver, CO 80203
1060 N Pennsylvania ST, Denver, CO 80203
1060 N Pennsylvania ST, Denver, CO 80203
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Alex Tooke + Derek Weber

Alex Tooke + Derek Weber

The Alex & Derek Team

+1(303) 339-3543
$ 1,600,000
Est. payment | /mo

4,745 Sqft Lot


Save
$ 1,600,000
Est. payment | /mo
Save

4,745 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5171222

Style Traditional

HOA Y/N No

Year Built 1892

Lot Size 4,745 Sqft

Acres 0.11

Property Sub-Type Multi Family

Property Description

Rare Capitol Hill Multifamily Investment – Historic Charm Meets Strong Cash Flow

Exceptional opportunity to own a beautifully converted mansion in the highly sought-after Capitol Hill neighborhood. This unique asset features seven total units, including five units in the main residence and two additional units in a detached carriage house, offering diversified income streams in one of Denver's most desirable rental markets.

Rich in character, the property showcases historic architectural details such as stone exterior, stained glass windows, charming balconies, and an inviting front porch, creating strong tenant appeal and lasting curb presence.

Residents enjoy a shared community laundry in the basement along with a private courtyard/garden area, enhancing livability and tenant retention. The current owner has maintained consistent occupancy with very low turnover, a testament to the location and quality of the property.

Major system upgrades include a new boiler (2024), as well as updated interior gas lines and main water lines, providing peace of mind and reduced capital expense for future ownership.

Ideally located near public transportation, parks, dining, and urban amenities, this property continues to attract long-term tenants seeking both convenience and character.

Strong in-place income and proven cash flow performance make this a standout investment opportunity.

Location

State CO

County Denver

Zoning G-MU-5

Exterior

Waterfront Description Public

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Others

Tax ID 5038-03-004

REColorado MLS
Listed byVerity Real Estate

Nearby Locations

Go tour this home

1060 N Pennsylvania ST

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NEED DOWN PAYMENT ASSISTANCE?

Our team specializes in finding FREE DOWN PAYMENT GRANTS for UP TO 4% of the loan amount, and in most cases with no repayment requirement.

 

Basic requirements: 

        ~ NO First Time Home Buyer requirement!
        ~ 620+ Credit score
        ~ Make less than $195,600