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. RARE ASSUMABLE FINANCING AT 3.79% FIXED, INTEREST-ONLY THROUGH MAY 2031. BUILT BACK FROM THE STUDS IN 2010 – NEWER PLUMBING AND ELECTRICAL. EIGHT LARGE CONDO-STYLE 2BD/2BA UNITS WITH OFFICE NOOKS. TURN-KEY ASSET - UPGRADED WITH DESIGNER
LVP FLOORING, NEW KITCHENS, UPDATED BATHS, STAINLESS APPLIANCES, IN-UNIT WASHER/DRYER, AND MODERN LIGHTING. POTENTIAL FOR CONDO CONVERSION AND/OR ADU ADDITIONS. FIVE PRIVATE GARAGE SPACES - A HIGHLY DIFFERENTIATED AMENITY IN AN URBAN SUBMARKET WHERE OFF-STREET PARKING IS SCARCE. PREMIER CAPITOL HILL LOCATION - WALK SCORE 97.
Property Details
- Acres
- 0.143
- Lot Size (sqft)
- 6250.0
- Parking Spaces
- 5
- Parking Type
- Garage
- Parking Garage Spaces
- 5
- Property Type
- Purchase
- Year Built
- 1919
- Sewer Information
- Public Sewer
- Utility Source
- Public
- County
- DENVER
- Region
- Denver
- Zoning
- G-RO-5
- Taxes Annual
- $12,036
- MLS #
- 9309379
- Property Subtype
- Multi Family
- Parcel Number
- 5031-03-004
- MLS #
- 9309379
- Date Listed
- June 18, 2026
- Address
- 1432 Pennsylvania Street
Location
Legal
Based on information submitted to the MLS GRID as of 2026-09-02 10:12:45 UTC. 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.
Last Updated: Sep 2, 2026 10:12 AM. Source: RECOLORADO
Provided By
Listed by Luke Salazar, lsalazar@pinnaclerea.com,303-962
Listing Office: Pinnacle Real Estate Advisors
Legal Notice
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Buyer Agency Compensation
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
