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$1,800,000
3 Days On Site

1045 Balsam Street
Lakewood, CO 80214

For Sale|Multi Family|Active
0
Beds
0
Total Baths
8,590
SqFt
$210
/SqFt
1960
Built
County:
Jefferson

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1045 Balsam Street1045 Balsam Street1045 Balsam Street1045 Balsam Street
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Located in the heart of Lakewood, Colorado, 1045 Balsam Street is an 11-unit multifamily property offering a strong value-add opportunity for investors. The unit mix consist of one studio, four one-bedroom/one-bath units, and six two-bedroom/two-bath units, providing a diverse range of options for tenants in a highly sought-after rental market. The property is well-positioned for upside through both interior/exterior renovations and rental increases. Current rents are below market, and updating the units offers a clear path to enhancing both income and asset value. The location is another key strength, with convenient access to major roadways and public transportation. This property represents a rare chance to acquire a well-located multifamily asset with immediate potential for increased cash flow and long-term appreciation. With strong rental demand in the area and a clear opportunity to improve performance through strategic upgrades, 1045 Balsam Street is a compelling addition to any investment portfolio.

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Listing Snapshot
Price 
$1,800,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,590 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.46 Acres
Year Built 
1960
MLS® Number 
3283710
Status 
Active
Property Tax 
$8,661
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.46
Additional Property Use 
Multi-Family
Number Of Stories 
2
Parking Spaces 
26
Property Sub Type 
Multi Family
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
8590
Style 
Traditional
Utilities 
Cable AvailableElectricity ConnectedSewer Connected
Water Source 
Public
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Exterior Features
Construction Details 
BrickFrame
Roof 
Membrane
Community Features
Financing Terms Available 
CashConventional
Roads 
Paved
Listing courtesy of Unique Properties LLC [email protected]



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Neighborhood & Commute
Source: Walkscore
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