510 10th St Active Save Request In-Person Tour Request Virtual Tour
Golden,CO 80401
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 3,112 sqft
Price per Sqft $546
Subdivision Golden
MLS Listing ID 8189523
Bedrooms 6
Year Built 1870
Annual Tax Amount $4,539
Property Sub-Type Income Property
Property Description
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.
Location
State CO
County Jefferson
Area Metro Denver
Interior
Heating Forced Air
Exterior
Garage Spaces 8.0
Roof Type Other
Building
Story 2
Sewer City Sewer,Public Sewer
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Mitchell
Middle Schools Bell
High Schools Golden
School District Jefferson County R-1
Others
Special Listing Condition Private Owner