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245 S Pennsylvania Street
Denver, 80209
FOR
SALE
$1,985,000
Active
6
Beds
6
Baths
3,600
Sq.Ft.
0.14
Acres
1952
Yr. Built
MLS# 6620654
Cumulative Days on Market: Less than 1 (since February 21st, 2025) Data provided by the MLS.

Property Details

This is a fully remodeled 6-plex which was as a 6-plex in 1952. Center hall has interior access to all 6 one bedroom units. Walls opened up, luxury shower bath, walk-in closet. This is the only multi-unit on the block. Six one bedroom units in one detached single story building in a great location on a quiet block. Turnkey for you to buy and hold. One of the 6 units is furnished - excellent for Air BnB! Tenants pay their Xcel. 7 Gas and Electric meters. Owner only pays common hall and 10 x 10 laundry. There's a 10 x 30 covered rear patio and two front patios. This is the best buy for a small multi-unit investor. Walk to Wash Par, restaurants and shops!

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Property Highlights

Price
$1,985,000
Property Type
Residential Income
Property Sub Type
Quadplex
Architectural Style
Traditional
Bedrooms
6
Total Bathrooms
6
Living Area
3,180
Price / Sq Ft
$624
Acres
0.14
Year Built
1952
Condition
Updated/Remodeled

Location

County
Denver
Direction Faces
East
Subdivision
Byers
Zoning
U-SU-B1

Property Details

Condition
Updated/Remodeled
Price
$1,985,000
Property Sub Type
Quadplex
Property Type
Residential Income

Building

Levels
One
Structure Type
Quadruplex
Total Area
3,600

Community

Local Schools

Elementary School
Lincoln
High School
South
Middle School
Grant
School District
Denver 1

Interior Features

Bedrooms and Bathrooms

Bedrooms
6
Total Bathrooms
6

Rooms and Basement

Basement Features
Crawl Space

Area and Spaces

Above Grade Finished Area
3,180
Living Area
3,180

Appliances

Appliances
Dishwasher, Disposal, Freezer, Microwave, Oven, Range, Refrigerator

Interior Features

Electic
110V
Flooring
Wood
Interior Features
Granite Counters, No Stairs, Radon Mitigation System, Smoke Free, Walk-In Closet(s)
Laundry Features
Common Area, Main Level
Security Features
Carbon Monoxide Detector(s), Radon Detector, Security Entrance, Smoke Detector(s), Water Leak/Flood Alarm

Heating and Cooling

Heating Features
Forced Air, Natural Gas

Building Details

Construction

Architectural Style
Traditional
Foundations
Concrete Perimeter
Year Built
1952

Materials

Construction Materials
Brick
Roof
Composition

Terms

Commercial

Cap Rate
5.10

Terms

Exclusions
None. Include: 6 refrigerators w/ ice makers, 6 gas stoves, 6 dishwashers, 6 disposals, 12 ceiling fans & plantation shutters.
Ownership
Agent Owner
Special Conditions
None
Special Terms
Cash, Conventional

Taxes

Tax

Tax (Annual)
$7,515

Heating, Cooling & Utilities

Cooling Features
Air Conditioning-Room, Central Air

Utilities

Sewer
Public Sewer
Utilities
Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected
Water Source
Public

Lot

Acres
0.14
Lot Features
Near Public Transit
Lot Size
6,250
Lot Size Area Sq Ft
6,250

Exterior Features

Exterior Features
Rain Gutters
Fencing
Partial
Patio And Porch Features
Covered, Front Porch, Patio

Parking

Parking Features
Concrete
Total Parking Spaces
2
Listed by Simmons & Associates, ken@kensimmons.com, (303) 548-5488.
Listing Data last updated 02/22/2025 09:40 am
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Property History

Yesterday
Property information last updated
Yesterday
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: Less than 1. Data provided by the MLS.

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Listings courtesy of REcolorado as distributed by MLS GRID IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 02/22/2025 09:40 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Listing Data last updated: 02/22/2025 09:40 am
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