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18221 W 3rd Pl, Golden, CO 80401

$1,150,000
: 8
BD
: 4
BA
: 3,400
SqFt

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Sold Price: $1,150,000
List Price: $1,199,000
Closing Date: Dec 15, 2023
Type: Multifamily
Property Sub Type: Quadruplex
Status: CLOSED
MLS Number: 2354727
Bedrooms: 8
Bathrooms: 4
Sqft Total: 3,400
Year Built: 1974

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Property Description

Presenting to you an excellent investment opportunity located in beautiful Golden Colorado. Located at 18221 W. 3rd Place, this well maintained 4-Unit Quadplex features a layout of four identical 2 BED/1 BATH units. Each unit has an individual furnace, water heater, laundry closet with washer & dryer and are individually metered. 8 parking spaces total and 2 assigned per unit. Freshly painted exterior. Practically zero vacancies in its rental history. This Quadplex is conveniently located close to everything that Golden has to offer; charming Downtown Golden, Colorado School of Mines, Coors Brewery, many restaurants, shopping and entertainment. Currently renting well below market rent. Per the City of Golden zoning department, this property is zoned R3 which allows for a quadplex by right. However, it is located in an area that is in the Transition Building Form Zone and is eligible through the city for special redevelopment. Many potential redevelopment ideas including cottage compounds, row houses, mixed use buildings, etc..

(303) 522-8226

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Additional Information

Lot Size Acres: 0.19
Lot Size Sq Ft: 8,400
Tax Amount: $4,219
Exterior Features: Private Yard
Water Source: Public
Sewer: Public Sewer
Heating: Forced Air
Cooling: None
School District: Jefferson County R-1
Elementary School: Shelton
Middle Or Junior School: Bell
High School: Golden