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$1,050,000

Est. payment - /mo

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8 Beds

4 Baths

3,394 SqFt

Active

1621 Salvia Golden, CO 80226

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Jerid Wempen

jwempen81@hotmail.com +1(720) 297-4020

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,394 sqft

Subdivision Rockridge

MLS Listing ID IRE8359411

Bedrooms 8

Full Baths 3

Three Quarter Bath 1

HOA Y/N No

Year Built 1962

Annual Tax Amount $2,385

Tax Year 2024

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Single Family Residence

Source ires

Property Description

Rare opportunity to own a well-located triplex in Golden, offering exceptional flexibility for an owner-occupant or long-term investor. Live in one unit and have the other's contribute to the mortgage. Most current rents were bringing in $6140/month Situated in a highly desirable, supply-constrained neighborhood, this property benefits from consistent rental demand driven by proximity to the Colorado School of Mines, Downtown Golden, NREL, and trail access directly across the street. The property features a versatile unit mix with strong in-place rents. (Unit 1- $1695/m - Unit 2 $3050/m - Unit 3 $1395/m) Unit 2 includes hardwood floors, a dedicated office space with a 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 Partial, Walk-Out Access

Interior

Interior Features Open Floorplan

Heating Forced Air

Cooling Wall/Window Unit(s), Attic Fan

Fireplaces Type Two or More, Family Room, Basement

Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave

Exterior

Parking Features Off Street

Garage Spaces 7.0

Fence Partial

Utilities Available Electricity Available

View Y/N Yes

View Mountain(s)

Roof Type Composition

Porch Patio

Garage Yes

Building

Lot Description House Faces East, Paved

Sewer Public Sewer

Level or Stories One

Structure Type Frame

New Construction false

Schools

Elementary Schools Shelton

Middle Schools Creighton

High Schools Jefferson Dist R-1

School District Jefferson Dist R-1

Others

Acceptable Financing Cash, Conventional, VA, 1031 Exchange

Listing Terms Cash, Conventional, VA, 1031 Exchange

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by Robby C McClure II

NEARBY SCHOOL & BUSINESS

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Jerid Wempen

Broker

+1(720) 297-4020