Views
Address
1621 Salvia Street, Golden, CO
Price
$ 950,000
Property Attributes
- MLS#7801946
- TypeMulti-Family
- Listing Status Pending
- CountyJEFFERSON
- CityGolden
- NeighborhoodRockridge
- Zip80401
- StyleTraditional
- Year Built1965
- Taxes$ 3616
- Price$ 950,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3394
- Lot Size0.19 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Rare opportunity to own a fully leased triplex in one of Golden's most desirable and supply-constrained neighborhoods. Offering a 5.78% 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 the other units offer a unique opportunity for future owner occupancy and Unit 2 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Shelton Elementary School | Bell Middle School | Golden High School |
| Price History | |
|---|---|
| 2/25/2026 | Listed $1,150,000 |
| 4/13/2026 | 3$1,125,000 |
| 5/8/2026 | 5$1,075,000 |
| 5/21/2026 | 3$1,050,000 |
| 6/10/2026 | 1$1,049,999 |
| 6/24/2026 | 6$995,000 |
| 7/21/2026 | 2$980,000 |
| 8/6/2026 | 2$965,000 |
| 8/20/2026 | 2$950,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Natural Gas |
| Cooling | Air Conditioning-Room,Attic Fan |
| Utilities | Electricity Connected,Natural Gas Connected |
| Possession | Closing/DOD,Subject To Tenant Rights |
| Roof | Composition |
| Appliances | Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer |
| Patio/Porch Features | Covered,Deck,Front Porch |
| Architectural Style | Traditional |
| Construction Materials | Brick,Frame |
| Exclusions | Tenant Personal Property |
| Year Built | 1965 |
| Electric | 110V |
| View | Mountain(s) |
| Levels | One |
| Property Subtype | Triplex |
| Tax Year | 2024 |
| Ownership | Individual |
| Gross Income | 71940 |
| OwnerPays | Grounds Care,Insurance,Taxes,Trash Collection |
| County | Jefferson |
| Operating Expense | 17011 |
| Property Type | Residential Income |
| HOA | No |
| Attached Garage | No |
| Contingency | None Known |
| Subdivision Name | Rockridge |
| Facing Direction | East |
| Status | Pending |
| Directions | Google Maps |
| High School | Golden |
| City | Golden |
| Entry Location | Exterior Access |
| Senior Community Y/N | No |
| High School District | Jefferson County R-1 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 8189 |
| Listing Terms | 1031 Exchange,Cash,Conventional,FHA,Jumbo,VA Loan |
| Elementary School | Shelton |
| Tax Annual Amount | 3616 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Bell |
| Property Condition | Updated/Remodeled |
| Structure Type | Triplex |
| Standard Status | Pending |
| Occupancy Type | Owner |
| Middle/Junior School District | Jefferson County R-1 |
| Elementary School District | Jefferson County R-1 |
| Cap Rate | 5.78 |
Interior Features
| Interior Amenities | Eat-in Kitchen,No Stairs,Open Floorplan,Smoke Free |
|---|---|
| Basement | Finished,Walk-Out Access |
| Flooring | Carpet,Tile,Vinyl,Wood |
| Total Fireplaces | 2 |
| Fireplace Features | Basement,Living Room |
| Basement (Y/N) | Yes |
| Above Grade Finished Area | 2365 |
| Laundry Features | In Unit,Multiple Locations |
| Total Bedrooms | 8 |
| Below Grade Finished Area | 959 |
| Total Baths | 4 |
Exterior Features
| Exterior Amenities | Private Yard |
|---|---|
| Fencing | Partial |
| Parking Features | Concrete,Gravel |
| Lot Features | Corner Lot,Landscaped,Sloped |
| Water Source | Public |
| Total Parking | 7 |
| Lot Size Area | 8189 |
| Foundation Details | Slab |
| Building Area Total | 3394 |
| Lot Size Acres | 0.19 |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 80401
Price
Taxes
Year Built
Visits
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