603-605 Iowa, Golden, CO 80403
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
Listed by: john hermanussen
Office: colorado real estate investment company
MLS#:9282579
Source:ML
Price summary
- Price:$624,750
- Price per sq. ft.:$557.81
About this home
Duplex...BOTH SIDES. NO HOA. SELLER WILL CARRY. RENT PART or ALL to reduce your payments. Zestimate was $821k last month. Aggressive listing price pulled it down.
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.
See HackableHomes.com for details. Seller wants more passive investment.
Previous rents totaled up to 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. Please don't disturb downstairs unit 605 tenant!
Buyer to verify all information. Disclosure: The owner is related to the listing broker....
Contact an agent
Home facts
- Year built:1937
- Subdivision & Development:Vernon Gardens
- Listing ID #:9282579
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Flooring:Carpet, Laminate, Vinyl
- Kitchen Description:Dishwasher, Disposal, Eat-in Kitchen, Microwave, Oven, Range, Refrigerator
- Basement Description:Daylight, Finished, Partial
- Living area:1,120 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1937
- Building area:1,120 sq. ft.
- Lot Features:Sloped
- Architectural Style:Bungalow
- Construction Materials:Frame, Metal Siding
- Exterior Features:Covered, Deck, Dog Run, Fire Pit, Front Porch, Garden, Patio, Private Yard, Rain Gutters
- Levels:1 Story
Schools
- High school:Golden
- Middle school:Bell
- Elementary school:Mitchell
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$624,750
- Price per sq. ft.:$557.81
- Tax amount:$4,099
Features and amenities
- Laundry features:Dryer, In Unit, Washer
- Amenities:Gas Water Heater
Parking
- Parking description:Driveway-Gravel, Tandem
- Garage spaces:3
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