1621 Salvia Golden, CO 80401
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,394 sqft
Subdivision Rockridge
MLS Listing ID IRE7801946
Bedrooms 8
HOA Y/N No
Year Built 1965
Annual Tax Amount $3,616
Tax Year 2024
Lot Size 8,276 Sqft
Acres 0.19
Source ires
Property Description
The property features a versatile unit mix with strong in-place rents. Unit 2 includes hardwood floors, a dedicated office space with separate entrance, making it especially appealing for an owner-occupant seeking work-from-home functionality, or private practice while generating income from the additional units. The remaining units offer stable tenancy and continued upside in one of Golden's strongest rental corridors. Two Units have private yards, and the exterior landscaping has been professionally xeriscaped for low maintenance.
With current rents, the property underwrites to an approximate mid-5% cap rate, offering attractive in-place performance in one of Golden's most competitive multifamily markets.
An adjacent triplex at 1617 Salvia Street is also available, presenting a rare opportunity to acquire one or both properties for expanded scale, portfolio growth, or long-term hold in a location where multifamily opportunities are extremely limited.
Enjoy immediate access to outdoor recreation, quick connectivity to downtown amenities, and a location that continues to attract students, professionals, and long-term residents alike. Properties of this type are rarely available in Golden and present a compelling opportunity to combine lifestyle, income, and long-term appreciation.
Do not disturb tenants. Showings by appointment only.
Contact listing broker for additional details.
Location
State CO
County Jefferson
Community Rockridge
Area Metro Denver
Direction Google Maps
Rooms
Basement Partially Finished, Slab, Walk-Out Access
Interior
Interior Features Open Floorplan
Heating Forced Air
Cooling Attic Fan
Fireplaces Type Two or More
Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Exterior
Parking Features Off Street
Garage Spaces 7.0
Fence Partial
Utilities Available Natural Gas Available, Electricity Available
View Y/N Yes
View Mountain(s)
Roof Type Composition
Porch Patio, Deck
Garage Yes
Building
Lot Description Corner Lot, Sloping Lot, House Faces East
Sewer Public Sewer
Water City
Level or Stories One
Structure Type Frame,Brick
New Construction false
Schools
Elementary Schools Shelton
Middle Schools Bell
High Schools Jefferson Dist R-1
School District Jefferson Dist R-1
Others
Acceptable Financing Cash, Conventional, FHA, VA, 1031 Exchange
Listing Terms Cash, Conventional, FHA, VA, 1031 Exchange
Special Listing Condition Private Owner
NEARBY SCHOOL & BUSINESS
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