603-605 Iowa St, Golden, CO 80403

$624,750
2
BD
1
BA
1,120
SqFt

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List Price
$624,750
Type
Multifamily
Property Sub Type
Duplex
Status
ACTIVE
MLS Number
9282579
Structural Style
Bungalow
Bedrooms
2
Bathrooms
1
Sqft Total
1,120
Year Built
1937

Property Description

Duplex...BOTH SIDES. NO HOA. SELLER WILL CARRY. RENT PART or ALL to reduce your payments. Zestimate was $821k last month. Aggressive listing price pulled it down. At 603–605 Iowa Street, two apartments and three separately accessible garage spaces offer room to live, collect rental income, and plan your next chapter—all within walking distance of downtown Golden. The upstairs apartment has two bedrooms and one bath, while the lower apartment offers a separate one-bedroom living space. The garages include an extended one-car bay and two independently accessible halves of a two-car garage, each with its own door and electric opener. See HackableHomes.com for details. Seller wants more passive investment. Previous rents totaled up to gross rental potential of $4,500 per month when all five spaces are rented. Flexible seller financing may offer another path to ownership, with down-payment options subject to seller-approved credit and final terms. A practical home base for a Colorado School of Mines student For a Mines family, this property offers a place to live and an opportunity to learn the responsibilities of ownership. A student could occupy the upstairs apartment, share it with a roommate, and help manage the lower apartment and garage rentals. It is a chance to gain experience with budgeting, maintenance, and tenant relationships while establishing a home in Golden. An opportunity to explore what comes next. For buyers considering redevelopment, the property offers an existing duplex configuration and established water and sewer service in a neighborhood seeing new construction. Explore the potential for a replacement single-family home or duplex, with downtown Golden close at hand. Enjoy the property as it stands, use rental income to support ownership, or investigate a longer-term building plan. Please don't disturb downstairs unit 605 tenant! Buyer to verify all information. Disclosure: The owner is related to the listing broker.

Additional Information

View
Mountain(s)
Lot Size Acres
0.16
Lot Size Sq Ft
7,000
Tax Amount
$4,099
Exterior Features
Dog Run, Fire Pit, Garden, Private Yard, Rain Gutters
Water Source
Public
Sewer
Public Sewer
Basement Type
Daylight, Finished, Partial
Heating
Forced Air
Cooling
Evaporative Cooling
School District
Jefferson County R-1
Elementary School
Mitchell
Middle Or Junior School
Bell
High School
Golden

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Courtesy of Colorado Real Estate Investment Company . john@GoldenBrokers.com