Property Description

Turn-Key Investment Opportunity in the Heart of Downtown Golden ? Leased Through May 2027Welcome to 1221 Illinois Street, Unit 1F ? a rare opportunity to secure a two-bedroom condo with a tenant in place through May 2027, offering immediate and stable rental income in one of Goldens most desirable locations.Perfectly positioned directly across from the Colorado School of Mines and just steps from historic downtown Golden, this unit combines dependable cash flow with long-term appreciation potential in a supply-constrained market.Investment Highlights:Two-bedroom layout ideal for roommate configuration or strong tenant appealLease secured through May 2027 ? built-in income stabilityPrime location across from Colorado School of MinesWalking distance to downtown Golden amenitiesStrong rental demand driven by students, faculty, professionals, and outdoor enthusiastsLow-maintenance condo ownership in a high-demand corridorGolden consistently attracts renters due to its unique blend of small-town charm and outdoor lifestyle. From this unbeatable location, tenants enjoy easy access to:Clear Creek Trail for kayaking, tubing, biking, and scenic walksWashington Avenue dining, breweries, and local shopsCoors Brewery, seasonal festivals, and year-round community eventsHiking and biking at North & South Table MountainQuick commute to Denver, Federal Center, and mountain corridorsTwo-bedroom units near Mines are especially desirable, as they provide flexible living arrangements and strong leasing appeal. With a lease secured well into 2027, this property offers predictable income while positioning the owner to benefit from Goldens continued growth and long-term appreciation.Whether youre building a portfolio, completing a 1031 exchange, or seeking a low-maintenance investment in a premier Front Range location, Unit 1F delivers stability, location, and long-term upside.

Property Features

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