About 1060 N Pennsylvania Street
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.
