For Sale Multi-Family MLS# 9282579

603-605 Iowa Street

Golden, CO 80403

$624,750

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About 603-605 Iowa Street

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.

Property details

Property

Type
Duplex
MLS type
Residential Income
Status
Active
Year built
1937
Stories
1
Living area
1,120 sqft
Price / sqft
$558
Lot
0.16 AC / 7,000 SF
MLS #
9282579

Interior

Features
Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Laminate Counters, Radon Mitigation System, Smoke Free, Vaulted Ceiling(s)
Appliances
Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
Flooring
Carpet, Laminate, Vinyl
Heating
Forced Air
Cooling
Evaporative Cooling
Laundry
In Basement, In Unit, Multiple Locations

Exterior & lot

Features
Dog Run, Fire Pit, Garden, Private Yard, Rain Gutters
Roof
Shingle
Lot
Sloped
Patio & porch
Covered, Deck, Front Porch, Patio
Fence
Partial
View
Mountain(s)
Parking
220 Volts, Driveway-Gravel, Exterior Access Door, Tandem
Garage spaces
3

Schools

District
Jefferson County R-1
Elementary
Mitchell
Middle
Bell
High
Golden

Utilities

Utilities
Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
Water
Public
Sewer
Public Sewer

Financial

Annual tax
$4,099
Parcel
074401
Special conditions
None Known

Location

Subdivision
Vernon Gardens
County
Jefferson

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Listed by John Hermanussen, Colorado Real Estate Investment Company

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