$1,100,000

1617 Salvia Street, Golden CO, 80401

Price per sqft$197.66

Built in1985

Property size5,565 sqft

Property typeMulti-family

Overview

Sold

Listed Mar 2, 2026

Updated 3 days ago

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.

Additional information

MLS^® ID: 7891305

Interior Features

Bedrooms: 10
Bathrooms: 6
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.18 Acres

Other Property Details

Taxes: $5,198
Tax Frequency: Annually
View: Yes
55+/Senior Community: No

Listed by McClure and Associates, Robby C McClure II, Listing Contact: [email protected],720-434-5228

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