Property
ActiveCommercial
1/26
$1,600,000

1060 N Pennsylvania Street

Denver, CO 80203
0
Beds
0
Baths
4,653
SqFt
0.11
Acres
RECOLORADO
#5171222
Updated: Apr 23, 2026, 6:00pm

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. Seller is open to potential owner-carry financing, adding flexibility for investors.

Property Details

Interior
Building Area Total
4653
Construction
Also Marketed As
Commercial Sale
Architectural Style
Traditional
Construction Materials
Stone
Number Of Units Total
7
Roof
Composition
Year Built
1892
Year Built Effective
1892
Site & Exterior
Current Use
Residential
Lot Size Acres
0.11
Lot Size Area
4745
Lot Size Square Feet
4745
Lot Size Units
Square Feet
Sewer
Public Sewer
Water Included
Yes
Water Source
Public
Zoning
G-MU-5
Financials
Contract Earnest Check To
Land Title Guarantee Company
Contract Min Earnest
100000.00
Exclusions
Seller and Tenant personal property
Parcel Number
5038-03-004
Tax Annual Amount
7787
Tax Legal Description
L 16 & S1/2 OF L 17 BLK 86 PORTERS ADD
Tax Year
2024
Title Company
Land Title Guarantee Company

Neighborhood & Lifestyle

Listing provided courtesy of RECOLORADO via IDX. Updated: Apr 23, 2026, 6:00pm.
Lisa Nicholaides

Listing Agent

Verity Real Estate

Call Agent