550 Somerset Dr Golden, CO 80401

This unique property allows the investor /owner to acquire a property in Golden which will pay for itself and produce a positive cash flow. The two units provide numerous opportunities for either two non-owner occupied rental properties; one owner occupied dwelling while receiving income from the second unit; shared living spaces and/or short term rentals from one or both units. The three-bedroom, two-story property commands a monthly, long-term rental of $3,500 - $3,800 and the walk-out basement apartment has been rented for several years at $1,700 including utilities with no monthly rent increases. The basement unit is fully approved as an Accessory Unit Dwelling by the City of Golden. The entire structure as well as the professional landscaped and sprinkler enhanced yard are immaculately maintained and in immediately move-in condition. There are no leases at the present time -- new owner can set their own rents and select new tenants. There are three tasteful, individual and secluded storage units to be divided between the dwelling units for extra storage income. Two of the three bedrooms in the 3-bedroom unit have previously been rented for $1,000/month each. There is ample on-street parking on the quiet neighborhood street.
LOCATION! LOCATION! LOCATION! Ideally located within walking distance to the Light Rail, Fossil Trace Gold Course, Splash Water Park, Apex Open Space. Only 10 minutes to Downtown Golden and the School of Mines. 5 minutes to I-70, C-470 and 6th Avenue. Miles of walking, hiking and biking trails right out the front door. Mountain views. Upgraded impact resistant roof, gutters, garage doors, garage door opener and carpeting less than 3 years old. Exterior of home repainted in 2017. Too many other outstanding upgrades and improvements to detail. Easy to show. Please follow health and safety rules as provided by the Colorado Real Estate Commission and the State of Colorado.