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You 1st Realty
603-605 Iowa St, Golden, CO 80403
- $624,750
- 2
- BD
- 1
- BA
- 1,120
- SqFt
Courtesy of Colorado Real Estate Investment Company . john@GoldenBrokers.com
- List Price
- $624,750
- Status
- ACTIVE
- Days on Market
- 10
- MLS#
- 9282579
- Subtype
- Residential Income
- Style
- Bungalow
- Year Built
- 1937
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 1,120
- Lot Size
- 7,000
- Acres
- 0.16
- Subdivision
- Vernon Gardens
Property Description
Duplex...BOTH SIDES. NO HOA. SELLER WILL CARRY. RENT PART or ALL to reduce your payments At 603–605 Iowa Street, two apartments and three separately accessible garage spaces offer room to live, collect rental income, and plan your next chapter—all within walking distance of downtown Golden. The upstairs apartment has two bedrooms and one bath, while the lower apartment offers a separate one-bedroom living space. The garages include an extended one-car bay and two independently accessible halves of a two-car garage, each with its own door and electric opener. A home with help paying for itself Live in one apartment and rent the other, then put the garage spaces to work—or keep the space you need for yourself. Current and previously achieved rents support an illustrative gross rental potential of $4,500 per month when all five spaces are rented. Flexible seller financing may offer another path to ownership, with down-payment options subject to seller-approved credit and final terms. A practical home base for a Colorado School of Mines student For a Mines family, this property offers a place to live and an opportunity to learn the responsibilities of ownership. A student could occupy the upstairs apartment, share it with a roommate, and help manage the lower apartment and garage rentals. It is a chance to gain experience with budgeting, maintenance, and tenant relationships while establishing a home in Golden. An opportunity to explore what comes next. For buyers considering redevelopment, the property offers an existing duplex configuration and established water and sewer service in a neighborhood seeing new construction. Explore the potential for a replacement single-family home or duplex, with downtown Golden close at hand. Enjoy the property as it stands, use rental income to support ownership, or investigate a longer-term building plan. The appeal is in the choices. Buyer to verify all information. Disclosure: The owner is related to the listing broker.
Additional Information
- Interior Features
- Ceiling Fans, Eat-In Kitchen, High Speed Internet, Laminate Counters, Radon Mitigation System, Smoke Free, Vaulted/Cathedral Ceilings
- Exterior Features
- Dog Run, Fire Pit, Garden, Private Yard, Rain Gutters
- Taxes
- $4,099
- Property Description
- Bungalow
- Zoning
- R2
- Flooring
- Carpet, Laminate, Vinyl
- Appliances
- Dishwasher, Disposal, Dryer, LP Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
- Heating
- Forced Air
- Air Conditioning
- Evaporative Cooling
- Levels
- One
- Roof
- Shingle
- Parking Features
- 220 Volts, Driveway (Gravel), Exterior Access Door, Tandem
- Garage Spaces
- 3
- School District
- Jefferson County R-1
- Elementary School
- Mitchell
- Middle School
- Bell
- High School
- Golden
- View
- Mountain(s)
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