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William Watson

bill@watsonrg.com +1(720) 463-0002

$1,600,000

Est. payment - /mo

4,745 Sqft Lot

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Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5171222

Style Traditional

HOA Y/N No

Year Built 1892

Lot Size 4,745 Sqft

Acres 0.11

Property Sub-Type Multi Family

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.

Location

State CO

County Denver

Zoning G-MU-5

Exterior

Waterfront Description Public

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Others

Tax ID 5038-03-004

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Listed byVerity Real Estate

Nearby Locations

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(720) 463-0002

bill@watsonrg.com

CO, USA

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1060 N Pennsylvania ST Denver, CO 80203