1621 Salvia, Golden, CO 80226
1621 Salvia, Golden, CO 80226
1621 Salvia, Golden, CO 80226
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$980,000
Est. payment /mo
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8 Beds
4 Baths
3,394 SqFt
Active

1621 Salvia Golden, CO 80226

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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 fully leased triplex in one of Golden's most desirable and supply-constrained neighborhoods. Offering a 5.36% 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 Unit 2 offers a unique opportunity for future owner occupancy 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

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

GET MORE INFORMATION

Jerid Wempen

Jerid Wempen

Broker

+1(720) 297-4020

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1621 Salvia