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Owner finance

$624,750

603 Iowa Street

Golden, CO 80403

Beds3
Baths2
Sq ft1,300
Year built1937
Rent estimate$1,930/mo
Listed by

John Hermanussen, GoldenBrokers LLC · (720) 780-8672

What the listing says

Duplex...BOTH SIDES. NO HOA. SELLER WILL CARRY. RENT PART or ALL to reduce your payments At 603 605 Iowa Street, two apartments and three separately accessible garage spaces offer room to live, collect rental income, and plan your next chapter all within walking distance of downtown Golden. The upstairs apartment has two bedrooms and one bath, while the lower apartment offers a separate one-bedroom living space. The garages include an extended one-car bay and two independently accessible halves of a two-car garage, each with its own door and electric opener. A home with help paying for itself Live in one apartment and rent the other, then put the garage spaces to work or keep the space you need for yourself. Current and previously achieved rents support an illustrative gross rental potential of $4,500 per month when all five spaces are rented. Flexible seller financing may offer another path to ownership, with down-payment options subject to seller-approved credit and final terms. A practical home base for a Colorado School of Mines student For a Mines family, this property offers a place to live and an opportunity to learn the responsibilities of ownership. A student could occupy the upstairs apartment, share it with a roommate, and help manage the lower apartment and garage rentals. It is a chance to gain experience with budgeting, maintenance, and tenant relationships while establishing a home in Golden. An opportunity to explore what comes next. For buyers considering redevelopment, the property offers an existing duplex configuration and established water and sewer service in a neighborhood seeing new construction. Explore the potential for a replacement single-family home or duplex, with downtown Golden close at hand. Enjoy the property as it stands, use rental income to support ownership, or investigate a longer-term building plan. The appeal is in the choices. Buyer to verify all information. Disclosure: The owner is related to the listing broker.

See the original listing ↗

This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.

Property Details

Property Type

Multi-Family

HOA

None

More owner-financed homes near Golden

Questions about owner financing in Golden

What is owner financing for 603 Iowa Street?

Owner financing means the seller of 603 Iowa Street acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Golden, CO home mentions owner financing; confirm it with the seller.

Do I need good credit for owner financing?

There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.

How much is the down payment for this Golden home?

There is no standard down payment. The seller of this Golden home sets their own, and it is negotiable. Ask the seller or their agent.

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