1621 Salvia ST, Golden, CO 80226
See all 35 photos
1621 Salvia ST, Golden, CO 80226
1621 Salvia ST, Golden, CO 80226
1621 Salvia ST, Golden, CO 80226
1621 Salvia ST, Golden, CO 80226
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 950,000
Est. payment /mo
Save
Pending

1621 Salvia ST Golden, CO 80226

8 Beds

4 Baths

3,394 SqFt


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

Price per Sqft $279

Subdivision Rockridge

MLS Listing ID 8359411

Style Traditional

Bedrooms 8

Full Baths 3

HOA Y/N No

Year Built 1962

Lot Size 8,189 Sqft

Acres 0.19

Property Sub-Type Single Family Residence

Property Description

Rare opportunity to own a triplex in one of Golden's most desirable and supply constrained locations. Offering a 5.78% cap rate based on current rents, this well maintained property provides immediate, stable cash flow and excellent long term investment potential.

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

Direction East

Rooms

Basement Partial, Walk-Out Access

Interior

Interior Features Open Floorplan

Heating Forced Air

Cooling Air Conditioning-Room, Attic Fan

Flooring Carpet, Vinyl, Wood

Fireplaces Number 2

Fireplaces Type Basement, Family Room

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Laundry In Unit

Exterior

Exterior Feature Private Yard

Fence Partial

Utilities Available Electricity Connected, Natural Gas Connected, Phone Available

View Mountain(s)

Roof Type Composition

Porch Covered, Front Porch

Private Pool No

Building

Faces East

Story One

Sewer Public Sewer

Architectural Style Traditional

Schools

School District Elementary: Jefferson County R-1, Middle/Junior: Jefferson County R-1, High: Jefferson County R-1

Others

Senior Community No

Tax ID 062206

Special Listing Condition None Known


REColorado MLS
Listed byMcClure and Associates

NEARBY SCHOOLS & PROPERTIES

Sarah Charles

Sarah Charles

License ID: 155068371

+1(720) 289-8948

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

1621 Salvia ST