The Glenellen

For Sale

1432 N Pennsylvania St, Denver, CO 80203

This Denver property for sale is located at 1432 N Pennsylvania St. The current listed sale price for The Glenellen is $2,600,000. The Glenellen is situated on a lot that is 6,250 acre in size.

Contacts

Luke Salazar

Pinnacle Real Estate Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 8,664 SF
  • Units 8
  • Lot Size 6,250 Acre
  • Year Built 1919
  • Date Updated Aug 12, 2026
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.
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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,

Attachments

Getting around

  • 97/100

    Walk Score ®

  • 75/100

    Transit Score ®

  • 98/100

    Bike Score ®

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Location

  • City Denver, CO
  • Neighborhood Capitol Hill
  • Zip Code 80203
  • Market Denver

Points of Interest

  • 10th & Osage

    1.41 miles

  • Union Station Light Rail Plaza

    1.63 miles

  • Bakken Motorcars

    6.33 miles

  • Commerce City & 72nd

    6.35 miles

  • Olde Town Arvada

    6.72 miles

  • Conoco

    0.31 miles

  • 7-Eleven

    0.76 miles

  • Sinclair

    1.30 miles

  • Chestnut Public Parking Lot

    1.59 miles

  • Clean Energy

    1.73 miles

  • EVgo

    1.95 miles

  • ChargePoint

    2.98 miles

  • SemaCharge

    3.05 miles

  • Electrify America

    3.27 miles

  • Edgewater, CO Tesla Supercharger

    4.14 miles

  • James Merrick State Parking Facility

    0.28 miles

  • The Avenue Grille Parking Only

    0.33 miles

  • Art Institute of Colorado Parking Garage

    0.34 miles

  • Alpha Park

    0.41 miles

  • 410 17th Street Parking Garage

    0.55 miles

  • Lincoln Parking

    0.58 miles

  • 1056 Acoma Street Parking

    0.59 miles

  • Tremont Garage

    0.59 miles

  • Central

    0.61 miles

  • Newhouse Hotel

    0.14 miles

  • The Cambridge

    0.24 miles

  • Days Inn Denver Downtown

    0.28 miles

  • the Art Hotel

    0.44 miles

  • 11th Avenue Hotel and Hostel

    0.49 miles

  • Hampton

    0.50 miles

  • The Brown Palace Hotel and Spa, Autograph Collection

    0.50 miles

  • Sheraton Denver Downtown Hotel

    0.52 miles

  • Holiday Inn Express Denver Downtown

    0.54 miles

  • Populus

    0.55 miles

  • Natural Grocers

    0.09 miles

  • Marczyk Fine Foods

    0.30 miles

  • Whole Foods Market

    0.48 miles

  • Ideal

    0.48 miles

  • King Soopers

    0.68 miles

  • Safeway

    0.70 miles

  • Target

    0.72 miles

  • TJ Maxx

    0.76 miles

  • Ross

    0.81 miles

  • Trader Joe's

    0.85 miles

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