16811 W 16th Place
$1,025,000
Well maintained triplex investment opportunity with rare, desirable location backing up directly to South Table Mountain Open Space and trailhead access just around the corner. This fully leased, professionally managed property offers reliable, competitive market rents. Unit mix includes two 3 bed / 2 bath units and one 2 bed / 2 bath unit, totaling 8 bedrooms and 6 bathrooms. Current gross annual income is $77,340. Unit 1 (3b/2ba) lease expires May 31, 2026, Units 2 (2b/2ba) & 3 (3b/2ba) expire June 30, 2026. Tenants enjoy 6 covered parking spaces and easy access to NRL, downtown Golden, Colorado School of Mines, and major freeway corridors. Roof was replaced in 2017, all swamp coolers replaced in 2021, 2/3 water heaters replaced since 2019. Unit 3 has new flooring and paint as of 2025. Don't miss this rare opportunity to own a triplex in one of Golden's most desirable locations with immediate cash flow and long term upside.
