Commercial Sale · Active

1060 N Pennsylvania Street

Denver, CO 80203

$1,600,000

Multi Family

Property Type

0.11 acres

Lot Size

1892

Year Built

5171222

MLS #

About This Property

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.

188 days on market

Listed by Lisa Nicholaides · Verity Real Estate · 303-638-9038

Last updated: 8/8/2026 1:08 PM · Source: REcolorado®, MLS#: 5171222

Property Details

Key Details

Property Type Commercial Sale
Sub Type Multi Family
Status Active
MLS # 5171222
Days on Market 188

More Details

Year Built 1892
Lot Size (Sq Ft) 4,745
Acres 0.11
Annual Taxes $7,787
State CO
County Denver
Zoning G-MU-5

Exterior & Parking

Roof Composition

Building & Lot

Architectural Style Traditional
Construction Stone
Sewer Public Sewer
Water Source Public

Location

Price History

DateEventPrice
4/23/2026 Listed for sale
Source: REcolorado® #5171222
$1,600,000

Based on information submitted to the MLS GRID as of October 28, 2026 at 10:50 AM MDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing information last updated August 8, 2026 at 1:08 PM.

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