- For Sale $2,600,000
- Property Type Multi-Family
- Property Size 8,664 SF
- Units 8
- Lot Size 6,250 Acre
- Year Built 1919
- Date Updated Aug 12, 2026
Description
You’ve never seen historic charm quite like this! Denver’s famous Capitol Hill is a thriving urban neighborhood featuring stately mansions and a bohemian vibe. With local boutiques, trendy bars, and cozy coffee shops, Capitol Hill has everything and more to keep one entertained without having to leave town. Popular attractions like the Colorado State Capitol building and City O’ City, a hip vegetarian eatery, are at your fingertips in Capitol Hill!
Located within a mile of Downtown Denver, residents of this neighborhood love living near local attractions such as the Denver Art Museum and Civic Center Park. Unique architecture and historic homes define this charming neighborhood. Modern apartments, condos, and townhomes, as well as mid-century apartment complexes and homes dating back to the early 1900s, line Capitol Hill’s residential streets.
With a diverse community, historical significance, abundant attractions, centralized location, eclectic atmosphere, and proximity to some of Colorado’s best winter skiing destinations, there’s nowhere quite like Denver’s Capitol Hill.The Glenellen is a distinguished trophy asset positioned in the heart of Capitol Hill - one of Denver’s most walkable and desirable urban neighborhoods.
The property comprises eight generously sized 2-bedroom/2-bathroom residences with private office nooks, a configuration that is genuinely rare in this
submarket. Each unit has been thoughtfully renovated with designer luxury vinyl plank flooring, updated kitchens and baths, stainless appliances, upgraded
lighting, and in-unit washer/dryer. The building’s classic brick exterior and gated courtyard lend exceptional curb appeal, while five private garage spaces
provide a tenant amenity that commands a meaningful premium on this block. What truly differentiates this offering is the assumable CBRE Freddie Mac
SBL loan - fixed at 3.79% interest-only until May 2031 - a financing structure that is nearly impossible to replicate in today’s rate environment and creates
immediate, tangible cash flow advantages for the acquiring investor.
Highlights
- AND MODERN LIGHTING
- BUILT BACK FROM THE STUDS IN 2010 NEWER PLUMBING AND ELECTRICAL
- EIGHT LARGE CONDO-STYLE 2BD/2BA UNITS WITH OFFICE NOOKS
- 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
- PREMIER CAPITOL HILL LOCATION - WALK SCORE 97
- RARE ASSUMABLE FINANCING AT 3.79% FIXED, INTEREST-ONLY THROUGH MAY 2031
- TURN-KEY ASSET - UPGRADED WITH DESIGNER LVP FLOORING, NEW KITCHENS, UPDATED BATHS, STAINLESS APPLIANCES, IN-UNIT WASHER/DRYER,
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Contacts
Luke Salazar
Pinnacle Real Estate Advisors
Location
Located at 1432 N Pennsylvania St, Denver, CO 80203, this property is part of the Capitol Hill neighborhood and Denver market.
Contact Listing Broker
Luke Salazar
Pinnacle Real Estate Advisors