1621 Salvia ST, Golden, CO 80226
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1621 Salvia ST, Golden, CO 80226
1621 Salvia ST, Golden, CO 80226
1621 Salvia ST, Golden, CO 80226
1621 Salvia ST, Golden, CO 80226
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$ 995,000
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1621 Salvia ST Golden, CO 80226

8 Beds

4 Baths

3,394 SqFt


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

Price per Sqft $293

Subdivision Rockridge

MLS Listing ID 8359411

Style Traditional

Bedrooms 8

Full Baths 3

Three Quarter Bath 1

HOA Y/N No

Abv Grd Liv Area 2,365

Year Built 1962

Annual Tax Amount $2,385

Tax Year 2024

Lot Size 8,189 Sqft

Acres 0.19

Property Sub-Type Single Family Residence

Source recolorado

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

Rooms

Basement Partial, Walk-Out Access

Main Level Bedrooms 6

Interior

Interior Features Open Floorplan

Heating Forced Air

Cooling Air Conditioning-Room, Attic Fan

Flooring Carpet, Vinyl, Wood

Fireplaces Number 2

Fireplaces Type Basement, Family Room

Fireplace Y

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

Laundry In Unit

Exterior

Exterior Feature Private Yard

Parking Features Concrete

Fence Partial

Utilities Available Electricity Connected, Natural Gas Connected, Phone Available

View Mountain(s)

Roof Type Composition

Total Parking Spaces 7

Garage No

Building

Sewer Public Sewer

Level or Stories One

Structure Type Frame

Schools

Elementary Schools Shelton

Middle Schools Creighton

High Schools Golden

School District Jefferson County R-1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, VA Loan

Special Listing Condition None


REColorado (REColorado MLS)
Listed by McClure and Associates

NEARBY SCHOOLS & PROPERTIES

Naomi Demay

Naomi Demay

Advisor

+1(281) 781-6677

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1621 Salvia ST