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
Taxes
Year Built
Visits
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