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$ 1,800,000
Est. payment | /mo
9,950 SqFt
$ 1,800,000
Est. payment | /mo
9,950 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,950 sqft
Price per Sqft $180
MLS Listing ID 4570185
Style Traditional
HOA Y/N No
Year Built 1960
Annual Tax Amount $8,661
Tax Year 2024
Property Sub-Type Multi Family
Source recolorado
Property Description
Excellent value add opportunity through interior and exterior renovations. Property is located in a rapidly evolving neighborhood in Lakewood, with easy access to Highway 6, I-70 and public transportation.
This distinguished multi-family property at 1045 Balsam Street in Lakewood, Colorado, presents an exceptional investment opportunity in a burgeoning market. Comprising 11 units across 9,950 square feet, this apartment building is strategically designed to maximize rentable square footage and minimize expenses.
The propeerty features well-appointed kitchens with appliances, cabinetry, and spacious layouts that facilitate both functionality and style. The bedrooms are designed for comfort with electric baseboard heating and ample storage. The bathrooms are equipped with contemporary fixtures and thoughtful layouts, ensuring a seamless living experience for residents.
This property is ideally situated within a suburban community that offers essential amenities, parks, and educational institutions. The presence of sidewalks promotes an active lifestyle, while outdoor spaces such as patios and decks enhance the living experience. With sufficient parking and proximity to Denver's urban offerings, this property is poised to attract discerning tenants seeking quality living in a desirable location.
This distinguished multi-family property at 1045 Balsam Street in Lakewood, Colorado, presents an exceptional investment opportunity in a burgeoning market. Comprising 11 units across 9,950 square feet, this apartment building is strategically designed to maximize rentable square footage and minimize expenses.
The propeerty features well-appointed kitchens with appliances, cabinetry, and spacious layouts that facilitate both functionality and style. The bedrooms are designed for comfort with electric baseboard heating and ample storage. The bathrooms are equipped with contemporary fixtures and thoughtful layouts, ensuring a seamless living experience for residents.
This property is ideally situated within a suburban community that offers essential amenities, parks, and educational institutions. The presence of sidewalks promotes an active lifestyle, while outdoor spaces such as patios and decks enhance the living experience. With sufficient parking and proximity to Denver's urban offerings, this property is poised to attract discerning tenants seeking quality living in a desirable location.
Location
State CO
County Jefferson
Interior
Fireplace N
Exterior
Roof Type Membrane
Garage No
Building
Lot Description Landscaped, Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Block
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://v1tours.com/listing/61702/
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Velocity Real Estate Advisors LLC
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Elizabeth Martinez
Senior Broker Associate, REALTOR® | Lic# FA100004918