Denver, CO 80203 477 N Pennsylvania St
$675,000
21 more
Presented By: NorthPeak Commercial Advisors, LLC; austin@northpeakcre.com
Beds • 3
Baths • 4
SQFT • 2,262
Home Details
477 Pennsylvania St. offers an exceptional value-add opportunity in the heart of Denver's Alamo Placita Historic District. Priced to sell, this charming 4-unit building consists of three 1-bedroom apartments and one studio. Each residence offers comfortable layouts with strong rental demand driven by the property's central location near Broadway, Speer, Downtown and Cherry Creek.
Well-maintained under the same ownership since 1996, the property presents clear upside for a new owner to add value through upgrades to the apartments or a complete reconfiguration of the building. Surrounded by historic homes on a quiet block, it's priced accordingly for those seeking either a stable 4-unit investment or the opportunity to reimagine it as a signature single-family
residence.
Presented By: NorthPeak Commercial Advisors, LLC; austin@northpeakcre.com
Interior Features for 477 N Pennsylvania St
Bedrooms
Total Bedrooms3
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area1508
Air Conditioning Y/NNo
BasementFull, Walk-Out Access
Below Grade Finished Area754
Fireplace Y/NNo
Heating Y/NYes
General for 477 N Pennsylvania St
Attached Garage No
Cap Rate5.150000095
CityDenver
Construction MaterialsBrick/Brick Veneer
CountyDenver
ElectricElectric
Elementary SchoolDora Moore
ExclusionsNone
Facing DirectionEast
Garage Y/NNo
Gross Income50343
HOANo
HeatingForced Air
High SchoolWest
High School DistrictDenver District 1
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet3000
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolDora Moore
Net Operating Income34770
New ConstructionNo
Number Of Units Total4
Operating Expense15573
Patio/Porch FeaturesPatio, Deck
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofFiberglass
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameSpeer
Tax Annual Amount4205.62
Tax Year2025
UtilitiesElectricity Available
Year Built1906
ZoningU-SU-B1
Exterior for 477 N Pennsylvania St
Building Area Total2262
Exterior AmenitiesBalcony
FencingFenced
Horse Y/NNo
Lot FeaturesCorner Lot, Historic District
Lot Size Acres0.07
Lot Size Area3000
SpaNo
Water SourceCity Water
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
West High School
Elementary School
Dora Moore Elementary School
Middle School
Dora Moore Middle School
