Active
Private Address
$1,700,000
$546.27 per sqft
Active
6 Beds
4 Baths
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 20, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
6
Total Bathrooms
4
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Roof
Other
Sewer
City Sewer, Public Sewer
School Information
School District
Jefferson County R-1
High School
Golden
Elementary School
Mitchell
Other Property Details
Area Name
Metro Denver
Taxes
$4,539
Tax Frequency
Annually
Days on Market
1
Garage
Yes
Garage Spaces
8
View
No
County
Jefferson
Pool
No
Listed by Joe Hornstein with NorthPeak Commercial Advisors, LLC
Listing Contact: [email protected],720-939-2943
The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 2/20/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map.
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Data last updated on 2/20/2025 at 7:46 PM UTC