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1432 Pennsylvania St
Denver, CO 80203 Capitol Hill

$2,600,000 USD

Apartments For Sale  •  8,664 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,013 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1919
  • Cap Rate 5.20 %
  • Zoning G-RO-5
80 Transit Score
70 Walk Score

Highlights

RARE ASSUMABLE FINANCING AT 3.79% FIXED, INTEREST-ONLY THROUGH MAY 2031
EIGHT LARGE CONDO-STYLE 2BD/2BA UNITS WITH OFFICE NOOKS
BUILT BACK FROM THE STUDS IN 2010 – NEWER PLUMBING AND ELECTRICAL
TURN-KEY ASSET - UPGRADED WITH DESIGNER LVP FLOORING, NEW KITCHENS, UPDATED BATHS, STAINLESS APPLIANCES, IN-UNIT WASHER/DRYER, AND MODERN LIGHTING
FIVE PRIVATE GARAGE SPACES - A HIGHLY DIFFERENTIATED AMENITY IN AN URBAN SUBMARKET WHERE OFF-STREET PARKING IS SCARCE
POTENTIAL FOR CONDO CONVERSION AND/OR ADU ADDITIONS

Property Flyers

Financial Summary (Actual)

Net Operating Income: $135,146 USD (2025)
Cap Rate: 5.20 %
Total Expenses: $60,060 USD

Amenities

  • Air Conditioning
  • Controlled Access
  • Dishwasher
  • Disposal
  • Fenced Lot
  • Microwave
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
Denver (California Zephyr - Amtrak) 4 min - 1.7 mi
Union Station: Lodo-Coors Field-16Th Street Mall (C Line - Denver Regional Transportation District Light Rail (TheRide), E Line - Denver Regional Transportation District Light Rail (TheRide), W Line - Denver Regional Transportation District Light Rail (TheRide)) 5 min - 1.7 mi
Transit/SubwayDriveWalkDistance
16Th-California (D Line - Denver Regional Transportation District Light Rail (TheRide), F Line - Denver Regional Transportation District Light Rail (TheRide), H Line - Denver Regional Transportation District Light Rail (TheRide)) 3 min 16 min 0.9 mi
18Th-California (D Line - Denver Regional Transportation District Light Rail (TheRide), F Line - Denver Regional Transportation District Light Rail (TheRide), H Line - Denver Regional Transportation District Light Rail (TheRide)) 2 min 17 min 0.9 mi
20Th-Welton (D Line - Denver Regional Transportation District Light Rail (TheRide)) 3 min 17 min 0.9 mi
16Th-Stout (D Line - Denver Regional Transportation District Light Rail (TheRide), F Line - Denver Regional Transportation District Light Rail (TheRide), H Line - Denver Regional Transportation District Light Rail (TheRide)) 3 min 18 min 0.9 mi
18Th-Stout (D Line - Denver Regional Transportation District Light Rail (TheRide), F Line - Denver Regional Transportation District Light Rail (TheRide), H Line - Denver Regional Transportation District Light Rail (TheRide)) 3 min 19 min 1.0 mi
AirportDriveWalkDistance
Denver International 36 min - 24.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: OneCarGarage
Included in Rent: Yes
Luke Salazar 303-962-9534 Pinnacle Real Estate Advisors
Luke Salazar 303-962-9534 Pinnacle Real Estate Advisors