16270 W 14th Avenue, Golden, CO 80401

Property Description

Current CAP Rate of 8.46% with gross rents at $7,960/per month! Seize the opportunity to own a rare, side-by-side duplex located in Golden’s highly desirable West Pleasant View neighborhood. Unit #16270 currently rents for $3,980/per month. Unit #16280 currently rents for $3,980/per month and the tenants have renewed their lease at $4,100/per month. Only about 1.5 miles from the Colorado School of Mines, this property has been historically rented to Mines students and has not had a vacancy in over 20-years. Big, brick, side-by-side structure, with a total of 3,690 square feet. Both units have 5-bedrooms and 2-bathrooms unit and approximately 1,845 square feet each. There are two-bedrooms upstairs, three-bedrooms downstairs and there’s a second living room downstairs in both units. Off-street parking in the back. In unit washer and dryer hookups in the large laundry and storage room. Big backyard with amazing views. The property sits at the base of South Table Mountain, just minutes to downtown Golden, and is a quick walk to the bus route. Near all kinds of hiking trails and easy access to I-70 and the mountains. Metered separately for gas and electric. The Seller currently bills water and trash back to the tenants. Windows were replaced about 6-7 years ago. Fantastic opportunity for instant cash flow in one of Colorado’s most desirable markets. Schedule your showing today before it’s gone!