Log In/Sign Up
Your email has been sent.
512 Maple St 6 Unit Apartment Building $1,890,000 ($315,000/Unit) 5.11% Cap Rate Golden, CO 80403
INVESTMENT 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!
- Prime location for continued rental income or redevelopment!
- 4 one bedroom units and 2 three bedroom units with a 2 car garage!
EXECUTIVE SUMMARY
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!
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!
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$122,000
|
$31.36
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$122,000
|
$31.36
|
| Taxes |
$5,560
|
$1.43
|
| Operating Expenses |
$19,942
|
$5.13
|
| Total Expenses |
$25,502
|
$6.56
|
| Net Operating Income |
$96,498
|
$24.81
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $122,000 |
| Annual Per SF | $31.36 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $122,000 |
| Annual Per SF | $31.36 |
| Taxes | |
|---|---|
| Annual | $5,560 |
| Annual Per SF | $1.43 |
| Operating Expenses | |
|---|---|
| Annual | $19,942 |
| Annual Per SF | $5.13 |
| Total Expenses | |
|---|---|
| Annual | $25,502 |
| Annual Per SF | $6.56 |
| Net Operating Income | |
|---|---|
| Annual | $96,498 |
| Annual Per SF | $24.81 |
PROPERTY FACTS
| Price | $1,890,000 | Building Class | C |
| Price Per Unit | $315,000 | Lot Size | 0.51 AC |
| Sale Type | Investment | Building Size | 3,890 SF |
| Cap Rate | 5.11% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1962/2005 |
| Property Subtype | Apartment | Parking Ratio | 2.57/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R2 - 6 Units on 1/2 acre lot! Many different opportunities for redevelopment! Can build up to 8 new units! | ||
| Price | $1,890,000 |
| Price Per Unit | $315,000 |
| Sale Type | Investment |
| Cap Rate | 5.11% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 3,890 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1962/2005 |
| Parking Ratio | 2.57/1,000 SF |
| Zoning | R2 - 6 Units on 1/2 acre lot! Many different opportunities for redevelopment! Can build up to 8 new units! |
AMENITIES
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Grill
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 640 |
| 3+1 | 2 | - | 964 |
PROPERTY TAXES
| Parcel Number | 30-284-99-001 | Total Assessment | $62,886 (2024) |
| Land Assessment | $29,883 (2024) | Annual Taxes | $5,560 ($1.43/SF) |
| Improvements Assessment | $33,003 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
30-284-99-001
Land Assessment
$29,883 (2024)
Improvements Assessment
$33,003 (2024)
Total Assessment
$62,886 (2024)
Annual Taxes
$5,560 ($1.43/SF)
Tax Year
2025
1 of 14
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
512 Maple St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.