Golden, CO 80401,550 Somerset Dr
Golden, CO 80401,550 Somerset Dr
Golden, CO 80401,550 Somerset Dr
33
$795,000
$795,000
Est.Price: ?

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6 BD
4 BA
3,104 SqFt

550 Somerset Dr Golden, CO 80401

Est. payment /mo
SOLD DATE : 07/28/2020

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Key Details

Sold Price $795,000

Property Type Single Family Home

Sub Type Income Property

Listing Status Sold

Purchase Type For Sale

Square Footage 3,104 sqft

Subdivision Lakota Hills

MLS Listing ID 7922119

Sold Date 07/28/20

Bedrooms 6

HOA Y/N false

Abv Grd Liv Area 3,104

Originating Board REcolorado

Year Built 1993

Annual Tax Amount $3,659

Lot Size 5,227 Sqft

Acres 0.12

Property Description

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.

Location

State CO

County Jefferson

Area Metro Denver

Direction From 6th Avenue and Heritage Road (also called Jefferson County Parkway), turn south onto Heritage Raod, turn right on Eagle Ridge Drive which is the first right at the first round about and turn left on Somerset Drive.

Rooms

Basement Partially Finished, Walk-Out Access, Daylight

Interior

Interior Features Eat-in Kitchen, Cathedral/Vaulted Ceilings, Open Floorplan, Pantry, Walk-In Closet(s)

Heating Forced Air

Cooling Central Air, Ceiling Fan(s)

Fireplaces Type Single Fireplace

Fireplace true

Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal

Exterior

Garage Spaces 2.0

Fence Fenced

Utilities Available Electricity Available, Cable Available

Waterfront false

Roof Type Composition

Porch Patio, Deck

Building

Lot Description Gutters, Lawn Sprinkler System, Sloped

Story 2

Foundation Slab

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories Two

Structure Type Wood/Frame,Brick/Brick Veneer

New Construction false

Schools

Elementary Schools Shelton

Middle Schools Bell

High Schools Golden

School District Jefferson County R-1

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

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