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

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