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Jennifer Berg

jennifermberg@icloud.com +1(720) 272-1171

$950,000

Est. payment - /mo

8 Beds

3,394 SqFt

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,394 sqft

Price per Sqft $279

Subdivision Rockridge

MLS Listing ID 7801946

Style Traditional

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 2,365

Year Built 1965

Annual Tax Amount $3,616

Tax Year 2024

Lot Size 8,189 Sqft

Acres 0.19

Property Sub-Type Triplex

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 5.78% 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.

Location

State CO

County Jefferson

Rooms

Basement Finished, Walk-Out Access

Interior

Interior Features Eat-in Kitchen, No Stairs, Open Floorplan, Smoke Free

Heating Forced Air, Natural Gas

Cooling Air Conditioning-Room, Attic Fan

Flooring Carpet, Tile, Vinyl, Wood

Fireplaces Number 2

Fireplaces Type Basement, Living Room

Fireplace Y

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

Laundry In Unit, Multiple Locations

Exterior

Exterior Feature Private Yard

Parking Features Concrete, Gravel

Fence Partial

Utilities Available Electricity Connected, Natural Gas Connected

View Mountain(s)

Roof Type Composition

Total Parking Spaces 7

Garage No

Building

Lot Description Corner Lot, Landscaped, Sloped

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,Frame

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

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Listed by McClure and Associates

Schools and Properties Nearby

I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

+1(720) 272-1171

jennifermberg@icloud.com

Learn more about this property

1621 Salvia ST Golden, CO 80401