Active
510 10th Street
Golden CO, 80401
$1,700,000
$546.27 per sqft
Active
3,112 sqft
Multi-family
Built in 1870
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.
8189523
MLSⓇ ID
February 12, 2025
Listed
February 12, 2025
Updated
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Roof
Unknown
Sewer
Public Sewer
School Information
School District
Jefferson County R-1
High School
Golden
Elementary School
Mitchell
Other Property Details
Taxes
$4,539
Tax Frequency
Annually
Garage
No
Parking Total
8
View
No
County
Jefferson
Pool
No
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Data last updated 5:45 PM UTC, 2/12/2025
