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$1,600,000
5171222 MLS
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.

1060 N Pennsylvania St, Denver

Courtesy of Verity Real Estate . 303-638-9038

$769,000
4 Beds 3 Baths 7471319 MLS
CHARACTER INCLUDED. $10K BONUS, TOO. Prime Capitol Hill Location. Original craftsmanship and major system updates come together in a highly livable urban setting. Inlaid hardwood floors, wood-beam ceilings, built-ins, fireplaces, pocket doors, original hardware, exposed brick, and architectural details bring character that cannot be recreated. The main level feels fresh with newly refinished hardwood floors and fresh paint. The dining room, with built-ins, a bay window, and window seat, opens to the kitchen for easy everyday living and entertaining. The flexible floor plan includes three bedrooms, a non-conforming fourth bedroom, three bathrooms, and a spacious basement family room. The primary bedroom features built-ins, a fireplace, and bay windows that fill the room with natural light. A third bedroom doubles as a home office with access to a private deck, creating a quiet spot for morning coffee or working from home. High ceilings make the basement feel spacious and provide additional living or flex space. The expansive mudroom offers practical storage and direct backyard access, including a built-in dog door. Outside, fully fenced front and back yards create uncommon private outdoor space in the heart of the city. A pergola-covered patio and backyard pizza oven set the stage for summer dinners and evenings beneath mature trees. A detached one-car garage and accessible attic provide valuable storage. Updates include HVAC with central air conditioning, windows, electrical, plumbing, and roof. Enjoy the character with the comfort of modern infrastructure, and NO HOA. Whole Foods Market, Yoga, Call Your Mother Deli, neighborhood coffee shops, restaurants, and everyday conveniences are close by. Bike trails, connect to the Colfax Bus Rapid Transit corridor, & access the 5280 Trail. 1237 Pearl offers a rare combination: details you can't recreate & the updates you don't want to do. Consider This Your $10K Welcome Home Gift!

1237 Pearl St, Denver

Courtesy of Kentwood Real Estate Cherry Creek . Keri@Kentwood.com,720-308-1585

$785,000
4 Beds 2 Baths 8951244 MLS
Excellent opportunity to own aduplex in one of Denver's most desirable central neighborhoods. Both 402 and 406 N. Washington have consistently rented for $2,500 per month, with multiple rental applications received each time a unit has become available, highlighting the property's strong demand and excellent potential for future rent growth. Whether you're looking to expand your investment portfolio or house hack by living in one unit while renting the other, this property offers exceptional flexibility and income potential. Each residence features the timeless character of a classic Denver home combined with practical updates, including evaporative cooling for added comfort during the warmer months. An added bonus, 406 N. Washington can be sold furnished, creating an attractive turnkey opportunity for buyers interested in furnished rentals, executive housing, or short-to-mid-term rental strategies if permitted. Located just minutes from downtown Denver, Cherry Creek, parks, restaurants, shopping, and public transportation, this duplex offers the location tenants are searching for and the cash-flow potential investors appreciate. With proven rental history, consistent tenant demand, and upside in future rental income, opportunities like this are increasingly difficult to find in one of Denver's most sought-after neighborhoods.

402/406 N Washington St, Denver

Courtesy of NAV Real Estate . 720-560-5855

$1,725,000
3331785 MLS
Seller decided to reduce their asking price by $275,000 after receiving valuable market feedback through multiple offers! That's a -13.8% change in pricing expectations. This new price now matches offers received earlier this year and sales data from 11 years ago. If you've been "waiting for prices to decline," here's your opportunity to dollar cost average your rental portfolio. During their 17 year ownership, the Seller has consistently invested in the building with high-quality capital improvements. All of the windows were replaced in 2020 with double-pane glass in bronze exterior frames from Simonton's Maderia line. The roof was replaced in 2017 with a .60 mil EPDM over a 1/2 inch Carlisle Secure Shield. Why is this important? Carlisle SecurShield HD (½”): A ½-inch thick, rigid high-density polyisocyanurate (polyiso) foam insulation panel. It is commonly used as a cover board to provide superior puncture and hail resistance while adding an R-value of 2.5. 60-mil EPDM Membrane: A commercial roofing membrane known for exceptional weatherability, elongation, and resistance to ultraviolet radiation and thermal shock. Attachment Method: The SecurShield HD board is mechanically fastened or adhered to the roof deck. The 60-mil EPDM membrane is subsequently adhered on top. The boiler system was replaced in 2012 with a Raypak hot-water boiler that feeds baseboards through zone valves to each unit. In addition to the these three major capital improvements (windows, roof, boiler), the Seller has renovated most of the units during their ownership.

1260 N Logan St, Denver

Courtesy of Kentwood Real Estate DTC, LLC . malnati@kentwood.com


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