Views
Listed By:
McClure and Associates;
Address
1621 Salvia Street, Golden, CO
Price
$ 950,000
Property Attributes
  • MLS#8359411
  • TypeSingle Family
  • Listing Status Pending
  • CountyJEFFERSON
  • CityGolden
  • NeighborhoodRockridge
  • Zip80226
  • StyleTraditional
  • Year Built1962
  • Taxes$ 2385
  • 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 triplex in one of Golden’s most desirable and supply constrained locations. Offering a 5.78% cap rate based on current rents, this well maintained property provides immediate, stable cash flow and excellent long term investment potential. All three units are currently rented, generating $5,995 per month in gross rental income, with Unit 1 at $1,850 per month, Unit 2 at $2,750 per month, and Unit 3 at $1,395 per month. Unit 2 is leased through July 2027, while Unit 3 is currently month to month. The property offers a versatile unit mix, and two of the three units feature private fenced yards. Professionally xeriscaped landscaping provides attractive, low maintenance curb appeal. The location is one of the property’s greatest advantages. South Table Mountain trails and open space are directly across the street, while Colorado School of Mines, downtown Golden, NREL, restaurants, breweries, shopping, and recreation are all just minutes away. Convenient access to Highway 6 and I-70 provides easy commuting to Denver, Boulder, and throughout the Front Range while allowing tenants to enjoy everything the Golden lifestyle has to offer. For investors looking to expand their portfolio, the neighboring triplex at 1617 Salvia Street is also available, creating an extremely rare opportunity to acquire one or both properties and establish a larger multifamily investment in Golden. With all three units currently producing income, a strong Golden location, limited competing multifamily inventory, and the opportunity to purchase the neighboring triplex as well, this is a compelling opportunity for an investor looking for immediate cash flow and long term appreciation potential.

Elementary School Middle School High School
Shelton Elementary School Creighton Middle School Golden High School
Price History
3/12/2026 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
Cooling Air Conditioning-Room,Attic Fan
Utilities Electricity Connected,Natural Gas Connected,Phone Available
Possession Closing/DOD,Negotiable
Roof Composition
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
Patio/Porch Features Covered,Front Porch
Architectural Style Traditional
Construction Materials Frame
Exclusions Personal Property
Year Built 1962
Electric 110V
View Mountain(s)
Levels One
Property Subtype Single Family Residence
Tax Year 2024
Ownership Individual
County Jefferson
Property Type Residential
HOA No
Attached Garage No
Contingency None Known
Subdivision Name Rockridge
Facing Direction East
Full Baths 3
Status Pending
Directions Google Maps
High School Golden
City Golden
Senior Community Y/N No
High School District Jefferson County R-1
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 8189
Listing Terms 1031 Exchange,Cash,Conventional,VA Loan
Elementary School Shelton
Tax Annual Amount 2385
Home Warranty Y/N No
Middle/Junior High School Creighton
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

Interior Features

Interior Amenities Open Floorplan
Basement Partial,Walk-Out Access
Flooring Carpet,Vinyl,Wood
Total Fireplaces 2
Fireplace Features Basement,Family Room
Basement (Y/N) Yes
Above Grade Finished Area 2365
3/4 Baths 1
Laundry Features In Unit
Total Bedrooms 8
Below Grade Finished Area 1029
Main Level Bedrooms 6
Main Level Bathrooms 2
Total Baths 4

Exterior Features

Exterior Amenities Private Yard
Fencing Partial
Parking Features Concrete
Total Parking 7
Lot Size Area 8189
Building Area Total 3394
Lot Size Acres 0.19
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
Horse Y/N No

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 Single Family Average in 80226

Price
AVG $620K
$950K
Taxes
AVG $3,415
$2,385
Year Built
AVG 1962
1962
Visits
AVG 137
389
Data Provided by Inside Real Estate®