UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 3,394 sqft
Subdivision Rockridge
MLS Listing ID IRE8359411
Bedrooms 8
Full Baths 3
Three Quarter Bath 1
HOA Y/N No
Year Built 1962
Annual Tax Amount $2,385
Tax Year 2024
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Single Family Residence
Source ires
Property Description
All three units are currently rented, generating $5,995 per month in gross rental income, with Unit 1 at $1,850 per month, Unit 2 at $2,750 per month, and Unit 3 at $1,395 per month. Unit 2 is leased through July 2027, while Unit 3 is currently month to month. The property offers a versatile unit mix, and two of the three units feature private fenced yards. Professionally xeriscaped landscaping provides attractive, low maintenance curb appeal.
The location is one of the property's greatest advantages. South Table Mountain trails and open space are directly across the street, while Colorado School of Mines, downtown Golden, NREL, restaurants, breweries, shopping, and recreation are all just minutes away. Convenient access to Highway 6 and I-70 provides easy commuting to Denver, Boulder, and throughout the Front Range while allowing tenants to enjoy everything the Golden lifestyle has to offer.
For investors looking to expand their portfolio, the neighboring triplex at 1617 Salvia Street is also available, creating an extremely rare opportunity to acquire one or both properties and establish a larger multifamily investment in Golden.
With all three units currently producing income, a strong Golden location, limited competing multifamily inventory, and the opportunity to purchase the neighboring triplex as well, this is a compelling opportunity for an investor looking for immediate cash flow and long term appreciation potential.
Location
State CO
County Jefferson
Community Rockridge
Area Metro Denver
Direction Google Maps
Rooms
Basement Partial, Walk-Out Access
Interior
Interior Features Open Floorplan
Heating Forced Air
Cooling Wall/Window Unit(s), Attic Fan
Fireplaces Type Two or More, Family Room, Basement
Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave
Exterior
Parking Features Off Street
Garage Spaces 7.0
Fence Partial
Utilities Available Electricity Available
View Y/N Yes
View Mountain(s)
Roof Type Composition
Porch Patio
Garage Yes
Building
Lot Description House Faces East, Paved
Sewer Public Sewer
Level or Stories One
Structure Type Frame
New Construction false
Schools
Elementary Schools Shelton
Middle Schools Creighton
High Schools Jefferson Dist R-1
School District Jefferson Dist R-1
Others
Acceptable Financing Cash, Conventional, VA, 1031 Exchange
Listing Terms Cash, Conventional, VA, 1031 Exchange
Special Listing Condition Private Owner
Nearby Locations
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