1060 N Pennsylvania Street Denver, CO $ 1,600,000
1060 N Pennsylvania Street
$ 1,600,000
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1060 N Pennsylvania Street

Denver, CO, 80203
$ 1,600,000
Bedrooms-- Baths-- Sq 4,653

Monthly Estimate*

$ 9,851

Listed by Verity Real Estate
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Commercial Property for sale in Denver, CO

for $1,600,000. This 4,653 square foot building was built in 1892 on a lot size of 0.11.

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.

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Commercial Active

Price

$ 1,600,000

Property Type

Commercial

Taxes

$ 7,787

Style

Traditional

Lot Size

0.11

Year Built

1892

Town/City

Denver

County/Region

Denver

MLS | Web ID

5171222

Features
General
Sewer Public Sewer
Possession Negotiable
Roof Composition
Zoning G-MU-5
Garage Spaces 0
Architectural Style Traditional
Construction Materials Stone
Exclusions Seller and Tenant personal property
Year Built 1892
Stories Count 3
Property Subtype Multi Family
Tax Year 2024
Current Use Residential
Gross Income 128400
County Denver
Property Type Commercial Sale
Attached Garage N
Status Active
City Denver
Number Of Units Total 7
Lot Size Units Square Feet
Lot Size Square Feet 4745
Carport Spaces 0
Listing Terms Cash Conventional Owner Will Carry
Tax Annual Amount 7787
Leasable Area 4653
Standard Status Active
Occupancy Type Tenant
Cap Rate 8.02
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Exterior
Water Source Public
Total Parking 0
Lot Size Area 4745
Building Area Total 4653
Lot Size Acres 0.11
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Internal Only
Street Number 1 1060
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* Excluded Features
List By
Verity Real Estate

Broker

(303) 638-9038

Phone

Affordability Calculator

$10,500
Per Month
94%
6%
0%
Monthly Principal & Interest
$9,851
Monthly Property Taxes
$649
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2026$1,600,000 Listed Price

Map


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1060 N Pennsylvania Street, Denver, CO, 80203 is a Commercial Property for sale at $1,600,000 with 4,653 sqft and a lot size of 0.11. 1060 N Pennsylvania Street was built in 1892. The property's zip code is 80203 which is in Denver, CO