477 N Pennsylvania Street

Denver, CO 80203
Beds
3
Square Ft.
2,262
$775,000
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,Read MoreRead Less
Market LogoCourtesy of NorthPeak Commercial Advisors, LLC [email protected]
Listing Snapshot
Days Online
2
Last Updated
Property Type
Quadruplex
Beds
3
Square Ft.
2,262
Lot Size
0.07 Acres
Year Built
1906
MLS Number
4179093
30 Days Snapshot Of 80203
$498k
+12%
(avg) sold price
9
-62%
homes sold
63
-30%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Responsibility: "Public Maintained Road"
Basement
Basement, "Full", "Walk-Out Access"
Building
Above Grade Finished Area: 1508, Below Grade Finished Area: 754, Construction Materials: "Brick", Direction Faces: East, Levels: "Two", Living Area: 2262, Occupant Type: Tenant, Structure Type: "Quadruplex", Total Area: 2262, Unit Count: 2, Unit Types: "Array", "Array", Built in 1906
Cooling
Cooling: "None"
Disclosures
Exclusions: None
Expenses
Operating Expense Includes: "Insurance", "Maintenance", "Real Estate Tax", "Utilities", Operating Expense: $15,573, Projected Annual Expense: $17,061
Exterior Features
Features: "Balcony", Patio And Porch Features: "Covered", "Deck", "Front Porch", "Patio"
Fence
Fencing: "Full"
Floors
Flooring: "Carpet", "Tile", "Vinyl", "Wood"
Heating
Heating: "Forced Air"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Actual Annual Net Income: 34770.00, Gross Income: $50,343, Projected Annual Net Income: $37,065, Projected Gross Income: $54,126
Lot
Acres: 0.07, Area: 3000, Features: "Corner Lot", "Historical District", Parcel Number: 0511311023000, Square Feet: 3000
Energy Saving
Green Verification Count: 0
Owner Pays
Owner Pays: "Electricity", "Gas", "Insurance", "Taxes", "Trash Collection", "Water", Ownership: Individual
Parking
Parking Total: 0, Carport Spaces: 0, Offstreet Spaces: 0, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 1
Property
Incorporated, Livable Structure Count: 0, Out Building Count: 0, Property Sub Type: Quadruplex, Zoning: U-SU-B1
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 4205.62, Legal Description: E 80FT OF L 40 & OF N 1/2 OF L 39 BLK 17 ARLINGTON PARK, City and County of Denver, Colorado, Tax Year: 2025
Utilities
Power Production Count: 0, Utilities: "Electricity Connected", "Natural Gas Connected", Water Source: "Public"
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Sarah Manshel
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