512 Maple St - Apartments FOR SALE


Golden, CO 80403
$1,890,000 USD
303-884-2461
512 Maple St, Golden, CO for Sale
$1,890,000 USD
Apartments - FOR SALE
1/13
null | 5.11% Cap Rate

512 Maple St
Golden, CO 80403


HIGHLIGHTS

  • Over 1/2 acre of property with 6 units just a few blocks away from the new Clayworks (Coors Tek) development and Colorado School of Mines!
  • 4 one bedroom units and 2 three bedroom units with a 2 car garage!
  • Prime location for continued rental income or redevelopment!

OVERVIEW

Discover a rare gem in the heart of Golden, Colorado! This exceptional multi-family property at 512 Maple Street offers a unique opportunity for investors seeking a property with excellent cash flow. Nestled on a spacious 0.51-acre corner lot with the possibility of many redevelopment opportunities this is your chance to own in Downtown Golden! Situated just a short walk from Colorado School of Mines, open space trails, charming shops, restaurants, and cultural attractions, the location is stellar! Enjoy easy access to the Clear Creek Trail system, perfect for outdoor enthusiasts, and just a few blocks to the new Clayworks development! This 4488 sq. ft. multi-family complex includes a duplex and a 4-plex, offering a total of six rental units. All units are in good condition and are currently rented making this property highly desirable! With rents currently below market rates due to long-term tenants and family friends, there’s significant opportunity to increase cash flow. The expansive 0.51-acre lot provides ample space and is zoned for versatile use, making it ideal for investors looking to maintain steady rental income or explore redevelopment possibilities. This property is a rare find in Golden’s red hot real estate market. Its prime location, coupled with immediate rental income and the possibility of future development, makes it very appealing! Note: Please respect the privacy of current tenants. Do not disturb or walk around the property without prior arrangement. No interior showings without an accepted contract. Call listor for details!

FOR SALE DETAILS

PRICE

$1,890,000 USD

PRICE/SF

$486 USD /SF

# OF UNITS

6

PRICE/UNIT

$315,000

CAP RATE

5.11%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,301 SF

ZONING

R2

APN/PARCEL ID

30-284-99-001

ASK ABOUT THIS PROPERTY

Evan NoyesMarket Masters Real EstateMore Info
303-884-2461

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Evan NoyesMarket Masters Real EstateMore Info
303-884-2461

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.