$1,100,000
$1,220,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
1617 Salvia ST Golden, CO 80401
10 Beds
6 Baths
5,565 SqFt
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,565 sqft
Price per Sqft $197
Subdivision Rockridge
MLS Listing ID 7891305
Sold Date 10/01/26
Style Traditional
Bedrooms 10
HOA Y/N No
Year Built 1985
Lot Size 8,015 Sqft
Acres 0.18
Property Sub-Type Triplex
Property Description
Prime Golden investment opportunity offering a 7.2% 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
Direction East
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
Appliance Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
Laundry In Unit, Multiple Locations
Exterior
Exterior Feature Private Yard
Fence Partial
Utilities Available Electricity Connected, Natural Gas Connected, Phone Available
Waterfront Description Public
View Mountain(s)
Roof Type Composition
Porch Deck
Private Pool No
Building
Lot Description Landscaped, Sloped
Faces East
Story Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
School District Elementary: Jefferson County R-1, Middle/Junior: Jefferson County R-1, High: Jefferson County R-1
Others
Senior Community No
Tax ID 168360
Special Listing Condition None Known
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