$2,095,000
For Sale

1045 Balsam Street

Lakewood, CO 80214
Listing OfficeNorthPeak Commercial Advisors, LLC
Type:Purchase
Structure:5+ Family
Zone:Commercial

Description

1045 Balsam St. is an 11 unit property built in 1960. The building has a great unit mix of (1) studio, (4) 1bed/1bath, and (6) unique 2bed/2bath units. The 2bathrooms make these units great for roommate scenarios where each roommate will have a private bathroom. Tenant’s enjoy private balconies (some units with multiple balconies), ample parking, and being only a few blocks away from the W line light rail. This is a perfect opportunity for an investor to come in, continue renovating units, and increase rents to improve their cashflow and add value to the property.

  • Property Details
      • Sewer InformationPublic Sewer
      • Property SubtypeMulti-Family
      • Original List Price$2,300,000
      • CountyJefferson
      • Property TypePurchase
      • MLS #7630749
      • Cost2095000
      • MLS #7630749
      • Taxes Annual$8,617
      • Square Feet8590
      • Year Built1960

Location

Hanover CommercialReal Estate Group

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Interest Rate

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6.0%

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2.6%
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