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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.
Full Property Details
Full Property Details for 1621 Salvia St
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General
- Sold For: $970,000
- Taxes: $3,616 (2024)
- Status: Closed
- Type: Triplex
- Source: MetroList_Colorado
- MLS ID: 7801946
- Added to Site: 219 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, No Stairs, Open Floorplan, Smoke Free
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Basement, Living Room, Basement, Living Room, Basement, Living Room
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Flooring: Carpet, Tile, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: In Unit, Multiple Locations
Exterior
- Exterior Features: Private Yard
- Porch/Patio/Deck: Covered, Deck, Front Porch
Parking
- Total Spaces: 7
- Parking Features: Concrete, Gravel
Location
- County: Jefferson
- Subdivision: Rockridge
- Driving Directions: Google Maps
- Direction Faces: East
School Information
- Elem School District: Jefferson County R-1
- Midd School District: Jefferson County R-1
- High School District: Jefferson County R-1
- Elementary School: Shelton
- Middle School: Bell
- High School: Golden
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Room Air Conditioning, Attic Fan
- Heating Type: Forced Air, Natural Gas
Utilities
- Gas: Yes
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Architectural Style: Traditional
- Structure Type: Triplex
- Construction: Brick, Frame
- Basement: Yes
- Basement Desc.: Finished, Walk-Out Access
- Roof: Composition
- Entry Location: Exterior Access
- Square Feet: 3,394
- Sq. Ft. Source: Listor Measured
- Living Area: 3,324 Sq. Ft.
- Year Built: 1965
- Property Condition: Updated/Remodeled
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,189
- Road Maintenance: Public Maintained Road
- Fence: Yes
- Lot Features: Corner Lot, Landscaped, Sloped
- Fencing (Description): Partial
Financial Considerations
- Operating Expenses: Accounting, Insurance, Maintenance, Professional Management, Real Estate Tax, Utilities
- Tax Amount: $3,616
- Tax Year: 2024
- Terms: 1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan
- Owner Pays: Grounds Care, Insurance, Taxes, Trash Collection
Disclosures and Reports
- Ownership: Individual
- Special Conditions: None
- Documents Avail.: Plans
- Legal Description: SECTION 35 TOWNSHIP 03 RANGE 70 QTR SE SUBDIVISIONCD 647000 SUBDIVISIONNAME ROCKRIDGE BLOCK LOT 0012 SIZE: 8207 TRACT VALUE: .188
- Exclusions: Tenant Personal Property
- Property ID: 63818
Listed by McClure and Associates
Sold by Your Castle Realty LLC
Listing agent
— 1621 Salvia St —
McClure and Associates
robby@robbymcclure.com,720-434-5228
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1621 Salvia St
School District:Jefferson County School District R-1
| Name | Grades | Distance |
|---|---|---|
Shelton Elementary School 420 Crawford Street, Golden, CO 80401 | PK-5 | 1.9 mi |
Bell Middle School 1001 Ulysses Street, Golden, CO 80401 | 6-8 | 0.7 mi |
Golden High School 701 24th Street, Golden, CO 80401 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
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1621 Salvia Street, Golden, CO 80401 (MLS# 7801946) is a Triplex property that was sold at $970,000 on October 05, 2026. Want to learn more about 1621 Salvia Street? Do you have questions about finding other Triplex real estate for sale in Golden? You can browse all Golden real estate or contact a Coldwell Banker agent to request more information.