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$199,000

Affordable Living in Golden within Golden Pines! Rare Penthouse, Home in Golden Pines with mountain views from your private balcony! Updated 2BD/1BA condo recently renovated and beautified! Warm and Cozy with new paint throughout, stylish wood-style laminate flooring and stained 6-panel pine doors/trim! Both bedrooms offer ample closet space. Dual-access bath (hallway + primary bedroom), and private storage room for extra convenience, with an on-site laundry room for easy living. Golden Pines offers fantastic community amenities, clubhouse, guest parking, pet-friendly open space. Minutes to downtown Golden, Colorado School of Mines, Clear Creek, Fossil Trace Golf Course, and Colorado Mills, with easy access to I-70 and 6th Ave for commuting or mountain adventures. $5,000 Seller Assist + Home Warranty included! This rare Penthouse, end-unit opportunity won't last !! Schedule your showing today! Please reach out to me at Lorraine@LifestyleRealtyAndConsulting.com; 609-502-0880

2 Beds ⋅ 1 Baths ⋅ 2039140 MLS

16359 W 10th Ave Unit Q6, Golden

Courtesy of LifeStyle Realty and Consulting, LLC . Lorraine@LorraineDAversa.com,609-502-0880

$805,000

16680 W 11th Ave presents a rare opportunity to acquire a stabilized, cash-flowing multifamily asset in one of the tightest, highest-barrier submarkets in Colorado. With 100% occupancy, consistent rent collections, and a 6.67% in-place cap rate, the property delivers immediate yield rarely achievable in Golden’s small-multifamily segment. Current operations generate $56,674 NOI, with Year 1 NOI projected to climb to $64,011 through natural loss-to-lease burn-off, modest rent adjustments, and continued growth in utility bill-backs and ancillary revenue streams. This represents a 13% NOI increase with no major capital expenditure requirements. Rents average $1,300 ($2.83/SF) across efficient 1-BD and 2-BD layouts. Strong rent/SF performance reflects the dense renter demand of the submarket, yet the total rents remain $150–$300 below comparable Golden units, providing an easily captured mark-to-market runway. Comparable buildings across Ulysses, W 4th Ave, W 8th Pl, and Nevada routinely achieve $1,325–$1,750 depending on size and unit mix, creating a clear and documented revenue upside without repositioning or heavy renovation. Financing metrics are equally compelling: at a 6% interest rate and 65% LTV, buyers achieve Year 1 cash-on-cash of 10.37% and a 1.93 DCR, offering a strong cushion even under conservative economic expectations. Golden’s long-standing regulatory constraints, limited development pipeline, and affluent renter profile further reinforce the asset’s durability. With robust demographics, minimal new supply, proven rent depth, and consistent operational performance, 16680 W 11th Ave stands as one of the most secure and yield rich small-unit offerings available in the Denver metro today—ideal for private capital, 1031 buyers, and long-term operators seeking stable cash flow with upside.

7 Beds ⋅ 5 Baths ⋅ 6403643 MLS

16680 W 11th Ave, Golden

Courtesy of Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. . charles.burkhart@marcusmillichap.com,214-336-6064