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William Watson

bill@watsonrg.com +1(720) 463-0002

$1,220,000

Est. payment - /mo

10 Beds

6 Baths

5,565 SqFt

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,565 sqft

Price per Sqft $219

Subdivision Rockridge

MLS Listing ID 7891305

Style Traditional

Bedrooms 10

HOA Y/N No

Year Built 1985

Lot Size 8,015 Sqft

Acres 0.18

Property Sub-Type Triplex

Property Description

Prime Golden investment opportunity offering a 7.2% cap rate and 100% occupancy in one of the city's most sought-after rental locations. This well-maintained triplex is fully leased through next July, providing immediate, stable cash flow with strong in-place income from day one. With attractive current returns and long-term appreciation potential, this is an outstanding opportunity for investors seeking a turnkey asset in a supply-constrained market.

The location is a major driver of value, with exceptional proximity to Colorado School of Mines, downtown Golden's restaurants, shops, breweries, and entertainment, plus immediate access to South Table Mountain trails and open space directly across the street. The property is also ideally situated near ENRL, supporting strong rental demand from students, faculty, professionals, and outdoor enthusiasts. This unmatched combination of walkability, recreation, and employment centers has consistently produced strong tenant demand and low vacancy.

Easy access to Highway 6 and I-70 provides convenient commuting to Denver, Boulder, and the greater Front Range while allowing tenants to enjoy Golden's vibrant, outdoor lifestyle.

Bonus Opportunity: The neighboring triplex at 1621 Salvia Street is also available, creating a rare chance to acquire two side-by-side investment properties in one of Golden's premier rental corridors.

Call today for additional information. Please do not disturb tenants. Showings are by appointment only. Contact the listing broker for details.
Do not disturb tenants. Showings by appointment only.
Contact listing broker for additional details.

Location

State CO

County Jefferson

Direction East

Rooms

Basement Exterior Entry, Finished, Walk-Out Access

Interior

Interior Features Eat-in Kitchen, High Ceilings, Open Floorplan, Smoke Free

Heating Forced Air

Cooling None

Flooring Carpet, Laminate, Tile

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

Laundry In Unit, Multiple Locations

Exterior

Exterior Feature Private Yard

Fence Partial

Utilities Available Electricity Connected, Natural Gas Connected, Phone Available

Waterfront Description Public

View Mountain(s)

Roof Type Composition

Porch Deck

Private Pool No

Building

Lot Description Landscaped, Sloped

Faces East

Story Two

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 168360

Special Listing Condition None Known

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Listed byMcClure and Associates

Nearby Locations

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(720) 463-0002

bill@watsonrg.com

CO, USA

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1617 Salvia ST Golden, CO 80401