1060 N Pennsylvania Street, Denver, CO 80203

• 4,653 sqft

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.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 6:20PM

Listing Office:

Verity Real Estate : 303-638-9038

Listing Agent:

Lisa Nicholaides : 303-638-9038

MLS ID:

5171222

Exterior

• Style: Traditional
• Parking: Parking spaces: 0

Construction

• Roofing: Composition

Location

• Originating MLS: recolorado
• County: Denver

Lot

• Zoning: G-MU-5L 16 & S1/2 OF L 17 BLK 86 PORTERS ADD5038-03-004
• Current Use: Residential

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: recolorado
• Exclusions: Seller and Tenant personal property