#8189523
Golden, CO
- 6 beds
- 4 baths
- 3,112 sqft
- $546 per sqft
- 1870 build
- – on site
This rare four-unit investment opportunity is centrally located in the heart of downtown Golden, Colorado, sitting on a .21-acre lot in the direct path of future development. The City of Golden continues to push forward with growth initiatives, making this a prime location for long-term upside. While the property is currently under-rented and under-managed, a new owner has the opportunity to improve operations, increasing NOI -creating a cash-positive asset while planning for future redevelopment. With intrinsic land value and potential zoning benefits, this offering presents an ideal investment for those looking to capitalize on Golden's ongoing transformation. Investment Highlights * Premier Location - Centrally positioned in downtown Golden, benefiting from strong demand and walkability. * Well-Maintained Asset - No Zinsco or Federal Pacific panels; water heaters replaced in 2015 and 2017. * Value-Add Potential - Below-market rents create an opportunity to increase NOI while planning for redevelopment. * Development Potential Located in the direct path of growth, offering long-term upside.
Last checked:
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Last updated Mar 26, 2025
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MLS# 8189523 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1870
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New Construction:false
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Construction Materials:Wood/Frame
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Building Area Total:3112
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Total SqFt:3112
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Roof:Other
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Levels:Two
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Stories:2
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# of Units Total:4
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Above Grade Finished Area:3112
Room Dimensions
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Living Area:3112
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Living Area Units:Square Feet
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Living Area Source:Assessor
Financial & Terms
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Listing Terms:Cash
Location
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Coordinates:-105.221161, 39.758923
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Latitude:39.758923
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Longitude:-105.221161
The Property
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Property Type:Residential Income
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Property Subtype:Income Property
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Lot Size Units:Square Feet
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Exclusions:TBD
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Horse:false
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Waterfront:false
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2023
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Tax Annual Amount:4539
Beds
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Bedrooms Total:6
Baths
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Total Baths:4
The Listing
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Special Listing Conditions:Private Owner
Heating & Cooling
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Heating:Forced Air
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Heating:true
Utilities
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Sewer:City Sewer
Schools
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Elementary School:Mitchell
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Middle Or Junior School:Bell
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High School:Golden
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High School District:Jefferson County R-1
The Community
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Subdivision Name:Golden
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Association:false
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Senior Community:false
Parking
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Garage:true
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Attached Garage:false
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Garage Type:Off Street
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Garage Spaces:8
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Covered Spaces:8
Extra Units
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Bedrooms Unit 1:1
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Total Baths Unit 1:1
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Bedrooms Unit 2:2
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Total Baths Unit 2:1
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/12/25
Feb 12, 2025
|
Listed / Active | IRES | $1,700,000 |
