$1,150,000
$1,199,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,400 SqFt
SOLD DATE : 12/15/2023
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,400 sqft
Price per Sqft $338
Subdivision Hillcrest
MLS Listing ID 2354727
Sold Date 12/15/23
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 3,400
Originating Board recolorado
Year Built 1974
Annual Tax Amount $4,219
Tax Year 2022
Lot Size 8,276 Sqft
Acres 0.19
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..
Location
State CO
County Jefferson
Zoning R3
Interior
Heating Forced Air
Cooling None
Flooring Carpet, Linoleum
Fireplace Y
Appliance Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
Laundry In Unit
Exterior
Exterior Feature Private Yard
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
Roof Type Composition
Total Parking Spaces 8
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick,Wood Siding
Schools
Elementary Schools Shelton
Middle Schools Bell
High Schools Golden
School District Jefferson County R-1
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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