11671 Katherine Ave Golden, CO 80401
- Apartment buildings
- 1,856 SF
Current Use by Public Records
- Apartment buildings
Property Details for 11671 Katherine Ave
- Year built
- 1980
- Property size
- 1,856 SF
- Property type
- Apartment buildings
Description
This Golden, Colorado duplex presents a compelling investment opportunity, boasting a 6.44% cap rate and 100% occupancy. The property, built in 1980, comprises two units: a 3-bedroom, 2-bathroom unit and a 2-bedroom, 1-bathroom unit, each offering in-unit washer/dryer hookups. Situated on a 13,866 sq ft lot, the property includes four parking spaces and separate storage sheds for each unit. The 1,856 sq ft building features a recently replaced roof (early 2018), and updated water heaters (2022). Boilers have also received recent maintenance, including pump and motor replacements. The property's prime location offers convenient access to CO Mills Mall and the City of Golden, providing residents with easy access to shopping, dining, and recreational activities. The strong rental market in the area ensures consistent income, making this a highly attractive investment. One unit is currently month-to-month, while the other has a lease expiring June 2025. Please note that access to the occupied unit will be granted upon contract acceptance. This property offers a blend of immediate income and long-term growth potential. The asking price is $675,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Golden
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.13
- Latitude
- 39.7339
