1617 Salvia ST, Golden, CO 80401
1617 Salvia ST, Golden, CO 80401
1617 Salvia ST, Golden, CO 80401
22
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$1,245,000
Est. payment /mo
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10 Beds
5,565 SqFt
Price Dropped by $25K

1617 Salvia ST Golden, CO 80401

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,565 sqft

Price per Sqft $223

Subdivision Rockridge

MLS Listing ID 7891305

Style Traditional

Bedrooms 10

HOA Y/N No

Abv Grd Liv Area 3,754

Year Built 1985

Annual Tax Amount $5,198

Tax Year 2024

Lot Size 8,015 Sqft

Acres 0.18

Property Sub-Type Triplex

Source recolorado

Property Description

Prime Golden investment opportunity offering a 7% 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

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

Fireplace N

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

Laundry In Unit, Multiple Locations

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 9

Garage No

Building

Lot Description Landscaped, Sloped

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame,Wood Siding

Schools

Elementary Schools Shelton

Middle Schools Bell

High Schools Golden

School District Jefferson County R-1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan

Special Listing Condition None


REColorado (REColorado MLS)
Listed by McClure and Associates

Nearby Locations

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Travis Hightower

Travis Hightower

+1(303) 500-3200

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TESTIMONIALS

Travis helped me buy my house and sell it. He's thorough and on top of every step in the buying/selling process. I've had friends deal with lackadaisical realtors who are impossible to get ahold of and Travis does not fit that mould. He has a great team on his side who did all of the heavy lifting and kept me in the loop throughout the entire selling process. He got my house under contract in less than a week for well over what I thought I'd sell for. He went above and beyond from start to finish. I'm so grateful for the opportunity to work with Travis!

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1617 Salvia ST