Active Under Contract

1617 Salvia Street, Golden, CO, 80401

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1617 Salvia Street, Golden, CO, 80401

10 Beds
6 Baths
5,565 SqFt
0.18 Acres

Listing Id

REC7891305
$1,220,000

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.

Property Details
Price:
$1,220,000
MLS #:
REC7891305
Status:
Active Under Contract
Beds:
10
Baths:
6
Type:
Multi Family
Structure:
Triplex
Subdivision:
Rockridge
Finished Sq Ft:
5,565
Total Sq Ft:
5,565
Lot Size:
8,015 sqft / 0.18 acres (approx)
Year Built:
1985
TraditionalRockridgeJefferson County R-1SheltonBellGoldenMountain(s)
Interior
Above Grade Finished Area
3754
Appliances
Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
Below Grade Finished Area
1811
Cooling
None
Flooring
Carpet, Laminate, Tile
Heating
Forced Air
Interior Features
Eat-in Kitchen, High Ceilings, Open Floorplan, Smoke Free
Laundry Features
In Unit, Multiple Locations
Levels
Two
Exterior
Architectural Style
Traditional
Construction Materials
Frame, Wood Siding
Direction Faces
East
Exterior Features
Private Yard
Fencing
Partial
Lot Features
Landscaped, Sloped
Parking Features
Concrete
Parking Spots
9
Parking Total
9
Patio And Porch Features
Deck
Roof
Composition
View
Mountain(s)
Schools
School District:
Jefferson County R-1
Elementary School:
Shelton
Middle School:
Bell
High School:
Golden
Financial
Tax Year
2024
Taxes
$5,198

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1617 Salvia Street
Golden, CO