CO
Jefferson
Golden
80226
1621 Salvia Street
1621 Salvia Street, Golden, CO 80226
Share Listing
Listing Type
Single Family
Listing Status
Pending
35
$950,000

Home Details for 1621 Salvia Street

Price
$950,000
Type
Residential
Bedrooms
8
Total Bathrooms
4
Full Bathrooms
3
Square feet
3394
Year built
1962
Lot size acres
0.19
County
Jefferson
Total rooms
12
Basement
Partial, Walk-Out Access
Days on site
175
MLS Listing#
8359411
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.

Property Features
  • Utilities
    • Natural Gas Available
    • Electricity Connected
    • Natural Gas Connected
    • Phone Available
  • Basement
    • Partial
    • Walk-Out Access
  • Fire Place
    • Basement
    • Family Room
  • Cooling Information
    • Attic Fan
  • Heating Information
    • Forced Air
  • House Interior
    • Open Floorplan
  • Parking
    • Concrete
School Information
School Information for 1621 Salvia Street, Golden, CO 80226
Elementary School
Shelton
Middle School
Creighton
High School
Golden
Listing Courtesy: McClure and Associates - 720-984-1412
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Market statistics compiled from data from Metrolist Inc MLS - Professional (Denver).
EXIT REALTY DTC, CHERRY CREEK, PIKES PEAK
383 Inverness Parkway Suite 140, Englewood, CO 80112
Sheryll White Broker. 303 790 7200
Office
303 790 7200
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