$1,240,000
SOLD NOV 20, 2024
8 Beds
4 Baths
3,821 Sq Ft
7,823 Sq Ft Lot

Recently Sold

$325 Per Sq Ft

8% Below List Price

30 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Baseboard Heating
  • Golden High School Rated A-
  • Landscaped
  • 4-minute walk to Southridge Park

About This Home

As of November 2024

This is a rare opportunity to acquire a well-maintained four-unit multifamily property in the heart of Downtown Golden, Colorado. The building, constructed in 1972, consists of four spacious 2-bedroom, 1-bathroom apartments, each thoughtfully designed to offer comfort and convenience. The property showcases a charming brick exterior and large, expansive windows that allow for abundant natural light, giving the apartments a bright and inviting atmosphere. Outside, residents can enjoy a beautifully landscaped courtyard complete with lush gardens, offering a peaceful retreat. Inside the units, you’ll find well-appointed kitchens with modern conveniences, washer/dryer hookups, generous living areas, and ample closet space, ensuring a comfortable living experience for tenants. Off-street parking adds another layer of convenience, a valuable amenity in this bustling downtown location. Situated on a sizable lot just a few blocks from Golden’s vibrant downtown, residents have easy access to a variety of amenities, including local restaurants, bars, markets, retail shops, and essential services. The property offers a perfect blend of a serene residential environment with proximity to all the excitement and charm of downtown Golden. Whether you’re an investor looking for steady rental income or seeking a value-add opportunity, this multifamily property presents a fantastic opportunity.

Last Agent to Sell the Property

Zack Jenkins

Kentwood Commercial, Llc Brokerage Email: zackj@KentwoodCommercial.com License #100096444

Kentwood Commercial, Llc

Last Buyer's Agent

Derek Schulze

Symbio Denver Corp. License #100084491

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,116

Year Built

  • Built in 1972

Lot Details

  • 7,823 Sq Ft Lot
  • Property is Fully Fenced
  • Landscaped

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3,821 Sq Ft Home
  • 1-Story Property
  • Cooktop

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Shelton Elementary School
  • Bell Middle School
  • Golden High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Exclusions: Tenant's Personal Property.
  • Tenant pays for electricity
  • The owner pays for gas, taxes, trash collection, water
  • Assessor Parcel Number 002643

Community Details

Overview

  • No Home Owners Association
  • Southridge Unit #4 Subdivision

Building Details

  • Operating Expense $29,923

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,116

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Structure Type: Quadruplex
  • Levels: One
  • Year Built: 1972
  • Above Grade Finished Sq Ft: 3821
  • Exclusions: Tenant's Personal Property.
  • Living Area: 3821
  • Directions: Head west on Highway 6 from downtown Golden. Take the exit toward Heritage Road. Turn right onto Heritage Road. Continue on Heritage Road for about 0.5 miles. Turn left onto W 13th Avenue. Follow W 13th Avenue for about 0.4 miles. Turn right onto Utah Street.
  • SubdivisionName: SOUTHRIDGE UNIT #4
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.91852
  • Attribution Contact: zackj@KentwoodCommercial.com
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Refrigerator
  • Basement: No
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 6
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Natural Gas

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Fee Information

  • Operating Expense: 29923

Schools

  • Middle Or Junior School: Bell

Lot Info

  • Parcel Number: 002643
  • Lot Size Acres: 0.18
  • Fencing: Full
  • Building Area Total: 3821
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 7823
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Gas, Taxes, Trash Collection, Water
  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6116

MLS Schools

  • Elementary School: Shelton
  • High School: Golden

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 Sold $1,240,000 -0.8% $325 / Sq Ft
10/20/2024 10/20/24 Pending -- -- --
10/18/2024 10/18/24 Price Changed $1,250,000 -7.4% $327 / Sq Ft
09/20/2024 09/20/24 For Sale $1,350,000 -- $353 / Sq Ft
Source: REcolorado®

Similar Homes in Golden, CO

  • 18232 W 3rd Place, Golden, CO 80401

    $1,060,000

    • 8 Beds
    • 4 Baths
    • 3,832 Sq Ft
    • 18232 W 3rd Place
    • Golden, CO

    Back on the Market after investor flaked out 2-days before closing! You have another chance at this amazing income property!Welcome to this exceptional quadplex in the desirable Golden area, offering a prime investment opportunity with four spacious units, each over 900 square feet. Every unit features 2 bedrooms and 1 bathroom, remodeled kitchen, living room, designed for comfort and

    Catherine Maslowski-Yerges HomeSmart

    Section Image
  • 15606 W 3rd Place, Golden, CO 80401

    $1,400,000

    • 6 Beds
    • 8 Baths
    • 3,376 Sq Ft
    • 15606 W 3rd Place
    • Golden, CO

    This modern duplex, built in 2018, has great long-term tenants in place through August 2025, amazing views, and all of the amenities potential tenants or buyers will look for in the future when you go to rent or sell. Each unit is over 1700 square feet, with 3 en-suite bedrooms, 3.5 baths, vaulted ceilings, an open-concept layout, two-car garage, fenced backyard, and a generous balcony with

    Nick Melzer Compass - Denver

    Section Image
  • 983 Xenon Ct, Golden, CO 80401

    $1,099,700

    • 7 Beds
    • 5 Baths
    • 3,463 Sq Ft
    • 983 Xenon Ct
    • Golden, CO

    Great side by side duplex on corner lot centrally located in Golden. Light and bright with lots of windows, open floor plan and large rooms. Totalling 7 bedrooms and 5 bathrooms, this duplex home provides ample living space for an owner-occupied buyer to live in one side and rent the other, or investors seeking stable rental income. Full renovations were made to both units in 2019 and in 2023,

    Darren Fogel MB Denver Colorado Realty Source

    Section Image

Source: REcolorado®

MLS Number: 2226336

REcolorado®