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1621 salvia street golden, CO 80226

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$950,000

Beds: 8
 Baths: 4
 Fin SqFt: 3394
 MLS Number:
8359411
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Est. $5,461 / month

What's My Home Worth?

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.

Status: Active




REcolorado MLS disclosures
Listing Office:
mcclure and associates
Interior Features:
  • Open Floorplan
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  • Private Yard
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The Brian Petrelli Team is your Rockridge, golden home specialist.

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REcolorado MLS disclosures
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REcolorado MLS disclosures
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REcolorado MLS disclosures
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REcolorado MLS disclosures
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REcolorado MLS disclosures
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REcolorado MLS disclosures

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Call us today and find out why we're leaders for Houses in golden, Colorado and the most most qualified REALTORS in Rockridge. We can show you any available home in golden, Colorado and provide you with the expertise and knowledge to make sure you get the best value for your money. In addition, we have access to $0 down mortgage programs to make financing easier. What are you waiting for? Call us today!
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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 The Brian Petrelli Team 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.
REcolorado MLS disclosures
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