Property
ActiveResidential
1/22
$1,295,000

1617 Salvia Street

Golden, CO 80401
10
Beds
6
Baths
5,565
SqFt
0.18
Acres
RECOLORADO
#7891305
Updated: Jun 28, 2026, 3:30pm

Property Description

Prime Golden investment opportunity offering a 6.75% 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.
Included Appliances
DishwasherDisposalDryerRangeRefrigeratorWasher

Property Details

Interior
Above Grade Finished Area
3754
Appliances
DishwasherDisposalDryerRangeRefrigeratorWasher
Basement
Exterior EntryFinishedWalk-Out Access
Below Grade Finished Area
1811
Building Area Total
5565
Cooling
None
Flooring
CarpetLaminateTile
Heating
Forced Air
Interior Features
Eat-in KitchenHigh CeilingsOpen FloorplanSmoke Free
Laundry Features
In UnitMultiple Locations
Living Area
5565
Construction
Also Marketed As
Residential Income
Architectural Style
Traditional
Building Area Source
Listor Measured
Construction Materials
FrameWood Siding
Direction Faces
East
Entry Location
Exterior Access
Foundation Details
Slab
Levels
Two
Out Building Count
Yes
Property Condition
Updated/Remodeled
Roof
Composition
Structure Type
Triplex
Year Built
1985
Site & Exterior
Electric
110V
Exterior Features
Private Yard
Fencing
Partial
Lot Features
LandscapedSloped
Lot Size Acres
0.18
Lot Size Area
8015
Lot Size Square Feet
8015
Lot Size Units
Square Feet
Offstreet Spaces
9
Out Building Number Of
Yes
Parking Features
Concrete
Parking Total
9
Patio And Porch Features
Deck
Road Responsibility
Public Maintained Road
Sewer
Public Sewer
Utilities
Electricity ConnectedNatural Gas ConnectedPhone Available
Utility Billing To Tenants
Included in Rent
Utility Metering
Separate ElectricSeparate Gas
View
Mountain(s)
Water Source
Public
Financials
Contract Earnest Check To
Chicago Title
Contract Min Earnest
25000.00
Exclusions
Tenant Personal Property
Home Warranty
No
Lease Expiration
2027-07-31
Lease Term
12 Months
Owner Pays
Grounds CareTaxesTrash CollectionWater
Ownership
Individual
Parcel Number
168360
Special Listing Conditions
None
Tax Annual Amount
5198
Tax Legal Description
SECTION 35 TOWNSHIP 03 RANGE 70 QTR SE SUBDIVISIONCD 647000 SUBDIVISIONNAME ROCKRIDGE BLOCK LOT 0011 SIZE: 8033 TRACT VALUE: .184
Tax Year
2024
Title Company
Chicago Title

Neighborhood & Lifestyle

Community & Association
School Of Choice
Yes
Senior Community
No
Subdivision Name
Rockridge
Schools
Ratings
Elementary
Shelton
Middle
Bell
High
Golden
Elem. District
Jefferson County R-1
Middle District
Jefferson County R-1
High District
Jefferson County R-1
Listing provided courtesy of RECOLORADO via IDX. Updated: Jun 28, 2026, 3:30pm.
Robby C McClure II

Listing Agent

McClure and Associates

Call Agent