$1,750,000

Duplex In Golden

  • 3 Beds
  • 5 Baths
  • 2,450 Sqft
  • 2.38 Ac lot
  • Updated: May 27
  • 1
  • Source:
    REcolorado  MLS#7987160

About the Property

Don’t miss this incredible investment opportunity in the Denver foothills. This stunning 2+ acre property, within walking distance of the trails in the Golden Gate Canyon State Park, features two structures, both with significant income potential. The first, a modern, Instagram-able, 2-bed, 2-bath A-Frame, built in 2023, has been an extraordinarily successful Airbnb - with 275 nights booked in the
Don’t miss this incredible investment opportunity in the Denver foothills. This stunning 2+ acre property, within walking distance of the trails in the Golden Gate Canyon State Park, features two structures, both with significant income potential. The first, a modern, Instagram-able, 2-bed, 2-bath A-Frame, built in 2023, has been an extraordinarily successful Airbnb - with 275 nights booked in the last 12 months at an average of over $500 per night - netting nearly $120,000 over that time. The second, a newly-built 1-bed, 1.5-bath ADU has city lights views and space to spread out. Either could be owner-occupied or rented on a 30-day+ basis, and one of them can be rented on a short term basis with a Gilpin County STR permit (and without a wait if owner-occupied). Assuming steady performance from the A-Frame as an STR and using very conservative assumptions for the rental of the ADU, you could easily achieve an 8%+ cap rate at this asking price. With a sought-after style you simply won’t find anywhere else, privacy, views for miles, and a location practically in the State Park that’s only 30 minutes from Golden, less than an hour from central Denver, and just over an hour from DIA, this investment promises enjoyment and performance for years to come whether you’re looking for a primary residence with house-hacking potential, a weekend getaway, or an income-producing asset with upside for your portfolio.
  • Property type

    Apartment

  • Year built

    2023

  • Price/sqft

    $714

Explore the Area

311 Pioneer Road, Black Hawk, Colorado, United States View on Google Maps
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Compass - Denver - DENVER

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Compass - Denver - DENVER
Colorado, United States
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Compass - Denver - DENVER
DENVER, Colorado, United States
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Last updated
May 27
First listed
May 7
Listing reference
7987160
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