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$1,700,000

Address Hidden

6 Beds
4 Baths
3,112 Square Feet
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.
Offered By
Joe Hornstein joe@northpeakcre.com,720-939-2943, NorthPeak Commercial Advisors, LLC

Property Details

Property Type Residential Income
Status Active
Bedrooms 6
Property Sub Type Income Property
Square Feet 3,112
MLS # 8189523

Market Trends

New Properties On Market
6,788
88% Increase In New Listings
Average Asking Price
$742,984
$18,953 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$294
$3 Decrease In List Price/Sq. Ft.
Average Days On Market
18
24 Day Decrease In Days On Market
Data as of Apr 18, 2025. Remaining statistics above are calculated on activity within the period from Feb 01, 2025 to Mar 31, 2025.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES. Property data was last updated on 3/26/2025 at 5:58 pm