Beth Erickson Sand Denver Real Estate Agent
Denver Condo ManiaMLS: 1915823 $1,200,000
4 Bedrooms with 3 Baths511 16TH ST GOLDEN CO 80401
GOLDEN CO 80401MLS: 1915823
Status: ACTIVE
List Price: $1,200,000
Price per SQFT: $687
Square Footage: 17474 Bedrooms
3 Baths
Year Built: 1909
Zip Code: 80401
Listing Remarks
This rare offering is a unique opportunity to buy 3 units in vibrant Golden, nestled near the base of South Table Mountain, & walking distance to downtown. This property provides unparalleled versatility w/ a duplex in front & a carriage house in back, in a truly fantastic location. The carriage house is the genius of this set-up. For those interested in residing onsite, Golden allows owner occupants to book short term rentals. This opens up the option to live in one unit, collect optimal STR revenue from the carriage house, w/ a longer lease on the 3rd unit. Such a great way to offset a sizable portion of one's personal shelter expense. The carriage house may also provide the perfect solution for multi-generational families. Others may consider combining or expanding the front units, creating a larger primary residence, & again using the carriage house for STRs. Investors might view this as combo investment that produces good income along w/ very strong capital appreciation potential. The large garage & storage areas could easily be re-purposed into a shop or studio, etc. Compare to 1908 East Street - closed 3/27/24. This duplex sold for $1,140,000 at $858/sq. ft. above grade. Our listing is priced at $687/sq. ft. above grade, is 3 units vs 2, & includes that all important 2nd livable structure. This location rests at the pinnacle of desirability, where sophisticated urban amenities meet outdoor splendor! In quaint downtown Golden, you'll find dining, coffee houses, brew pubs & excellent shopping. Outdoors you'll find everything from rock climbing, hiking, biking, & horseback riding, to kayaking in nearby Clear Creek. The area is bustling w/ activity that includes tons of renovations, the Coors re-development project, & so much more. Also, it's very near the CO School of Mines. Many of Denver's major arteries are minutes away for efficient commuting. This property exudes boundless potential, & its location is a true "Lifestyle" destination!
Address: 511 16TH ST GOLDEN CO 80401 GOLDEN CO 80401
Listing Courtesy of TOLAN REAL ESTATE INC. 303-377-1717
Condo Mania Agent:
Beth SandLIV Sotheby's International Realty
Broker Associate
Phone: 720.353.2384
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Private Owner LISTING CONTRACT DATE: 2024-07-03 BEDROOMS: 4 BATHROOMS FULL: 3 BATHROOMS THREE QUARTER: 0 BATHROOMS HALF: 0 LIVING AREA SQ FT: 1747 BUILDING AREA TOTAL: 1747 YEAR BUILT: 1909 TAXES: $4,252 APPLIANCES INCLUDED: Disposal ARCHITECTURAL STYLE: Ranch CONSTRUCTION: Block, Stone, Wood Siding EXTERIOR FEATURES: Private Yard HEATING: Forced Air LAUNDRY FEATURES: Common Area LOT FEATURES: Gutters # GARAGE SPACES: 2 PARKING FEATURES: >8' Garage Door, Oversized PROPERTY TYPE: Attached Dwelling PROPERTY SUB TYPE: Attached Dwelling ROOF: Composition DIRECTION FACES: North VIEW: Mountain(s), Foothills View LISTING AGENT: JESS TOLAN LISTING OFFICE: TOLAN REAL ESTATE INC.
Estimated Monthly Payments
List Price: $1,200,000 20% Down Payment: $240,000 Loan Amount: $960,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $6,068 Estimate does not include taxes, fees, insurance.
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Property Location: 511 16TH ST GOLDEN CO 80401 GOLDEN CO 80401
This Listing
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Condo Mania Agent:
Beth SandLIV Sotheby's International Realty
Broker Associate
Phone: 720.353.2384
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Last Updated: 2024-07-07 04:28:46