2 months on rocket

245 S Pennsylvania St, Denver, CO, 80209

$1,985,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
6 Baths
3,180 SqFt
$624/SqFt
Multi

Location

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245 S Pennsylvania St, Denver$1,985,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingConcrete
Year Built1952
HeatingForced Air, Natural Gas
CoolingAir Conditioning, Central Air
MLS #6620654
Lot Size0.14 Acres
StatusActive

About 245 S Pennsylvania St

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 & hold. One of the 6 units is furnished - excellent for Air BnB! Tenants pay their Xcel. 7 Gas & Electric meters. Owner only pays common hall and 10 x 10 laundry. There's a 10 x 30 covered rear patio & two front patios. This is the best buy for a small multi-unit investor. Walk to Wash Par, restaurants & shops!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1952
  • Living Area: 3,180 SqFt

Listing Office:

  • Office Name: Simmons & Associates
  • Office Phone: (303) 548-5488
  • Listing Agent: Ken Simmons

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Freezer, Microwave, Oven, Range, Refrigerator
  • Basement: No
  • Flooring Type: Wood
  • Interior: Granite Counters, No Stairs, Radon Mitigation System, Smoke Free, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Rain Gutters

Parking Information:

  • Attached Garage: No
  • Parking: Concrete

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Air Conditioning, Central Air

School Info

Assigned Schools Information:

  • South High School, Public District Grades 9-12
  • Grant Beacon Middle School, Public District Grades 6-8
  • Lincoln Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Alameda & Downing, go West to Pennsylvania. North on Pennsylvania 1/2 block.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,985,000
  • Price Per SqFt: $624/SqFt

Tax Information:

  • Annual Amount: $5,888
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Denver, CO.

Med. Sold Price

$584.9K

Med. Price/SqFt

$375

Avg. Days On Market

46

# of Sold Homes

843

245 S Pennsylvania St vs Denver

66 DAYS ON ROCKET

+20 Days

$1,985,000

+$1.4M More

$624/SqFt

+$249 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $249/SqFt more than other homes in Denver, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #6620654

Listing Office:

  • Office Name: Simmons & Associates
  • Office Phone: (303) 548-5488
  • Listing Agent: Ken Simmons

IDX Listings courtesy of REColorado as distributed by MLS GRID.

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.

IDX ©2024 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/3/2024, 1:57:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 21, 2010Home Sold
$485,000
Jan 21, 2010Home Sold
$375,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,888$79,360
2019$5,361$79,360
2018$5,345$69,300
2017$4,206$73,420

History based on county public records data.

Payment Calculator

$9,975

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,018

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-846981
6
/10
  • Lincoln Elementary School

  • 710 S Pennsylvania St

  • 0.59 miles

  • Public District Grades KG-5

Middle School

school-card-donut-846982
5
/10
  • Grant Beacon Middle School

  • 1751 S Washington St

  • 1.86 miles

  • Public District Grades 6-8

High School

school-card-donut-846983
5
/10
  • South High School

  • 1700 E Louisiana Ave

  • 1.63 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,651. Most Denver, CO residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesColoradoDenver CountyDenver80209245 S Pennsylvania St

This home is located at 245 S Pennsylvania St in Denver, CO and zip code 80209 in the Speer neighborhood. This 3,180 square foot home, which was built in 1952, sits on a 0.14 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $1,985,000.

In October 2024 more than 185 listings in Denver, CO were sold above the asking price. During the same period more than 217 listings were sold at asking price, while more than 441 were sold below. Between September 2024 and October 2024, Denver, CO real estate market has seen increase in the number of listings by 8.8%. While the average time on the market in October 2024 was 46 days, the median list price was $584,921.

From Rocket Homes Real Estate and based on county public records data.

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