1621 Salvia ST, Golden, CO 80401
1621 Salvia ST, Golden, CO 80401
1621 Salvia ST, Golden, CO 80401
1621 Salvia ST, Golden, CO 80401
1621 Salvia ST, Golden, CO 80401
1621 Salvia ST, Golden, CO 80401
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$ 950,000
Est. payment | /mo

8 Beds

4 Baths

3,324 SqFt


Save
$ 950,000
Est. payment | /mo
Save

8 Beds

4 Baths

3,324 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,324 sqft

Price per Sqft $285

Subdivision Rockridge

MLS Listing ID 7801946

Style Traditional

Bedrooms 8

HOA Y/N No

Year Built 1965

Lot Size 8,189 Sqft

Acres 0.19

Property Sub-Type Triplex

Property Description

Rare opportunity to own a fully leased triplex in one of Golden's most desirable and supply-constrained neighborhoods. Offering a 5.78% cap rate based on current rents, this well-maintained property provides immediate, stable cash flow while also offering exceptional flexibility for a future owner-occupant or long-term investor.

All three units are currently rented, generating strong in-place income in one of Golden's highest-demand rental markets. The versatile unit mix provides excellent long-term investment potential, while the other units offer a unique opportunity for future owner occupancy and Unit 2 with beautiful hardwood floors, a dedicated office, and a private exterior entrance—ideal for remote work, a home-based business, or private practice. Two of the three units feature private fenced yards, and the professionally xeriscaped landscaping provides attractive, low-maintenance curb appeal.

The location is one of the property's greatest assets. Just minutes from Colorado School of Mines, downtown Golden's restaurants, breweries, and shops, NREL, and South Table Mountain trail access directly across the street, the property consistently attracts students, professionals, and long-term residents. Easy access to Highway 6 and I-70 provides convenient commuting to Denver, Boulder, and throughout the Front Range while allowing tenants to enjoy Golden's renowned outdoor lifestyle.

Bonus Opportunity: The neighboring triplex at 1617 Salvia Street is also available, creating a rare opportunity to acquire one or both properties for expanded scale, portfolio growth, or a long-term hold in one of Golden's premier multifamily corridors.

Whether you're looking for dependable cash flow today or future owner-occupancy flexibility, this is a rare opportunity to acquire a stabilized investment property in a market where multifamily offerings are extremely limited and long-term appreciation potential remains strong.

Location

State CO

County Jefferson

Direction East

Rooms

Basement Finished, Walk-Out Access

Interior

Interior Features Eat-in Kitchen, No Stairs, Open Floorplan, Smoke Free

Heating Forced Air, Natural Gas

Cooling Air Conditioning-Room, Attic Fan

Flooring Carpet, Tile, Vinyl, Wood

Fireplaces Number 2

Fireplaces Type Basement, Living Room

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

Laundry In Unit, Multiple Locations

Exterior

Exterior Feature Private Yard

Fence Partial

Utilities Available Electricity Connected, Natural Gas Connected

Waterfront Description Public

View Mountain(s)

Roof Type Composition

Porch Covered, Deck, Front Porch

Private Pool No

Building

Lot Description Corner Lot, Landscaped, Sloped

Faces East

Story One

Foundation Slab

Sewer Public Sewer

Water Public

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 063818

Special Listing Condition None Known

REColorado MLS
Listed byMcClure and Associates

GET MORE INFORMATION

Zach Otten
Zach Otten

Agent License ID: 100026889

+1(303) 888-6101 | zach.otten@gmail.com

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1621 Salvia ST