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Laurie King
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With courtesy of
Unique Properties LLC
Posted by
REcolorado (Denver)
Unique Properties LLC
Posted by
REcolorado (Denver)
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1045 Balsam Street
Lakewood, CO 80214 — Jefferson CountyCommercial Sale $1,800,000 Active Listing# 3283710
8590.00 sqft Lot size: 19950.00 sqft 0.46 acres 1960 build
Property Description
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.
Listing Details
- Property Type
- Commercial Sale
- Listing#
- 3283710
- Source
- REcolorado (Denver)
- Last Updated
- 08-25-2025 05:40pm
- Status
- Active
- Off Market Date
- 11-30--0001 12:00am
Property Details
- Property Subtype
- Multi Family
- Sold Price
- $1,800,000
- Original Price
- $1,800,000
- Location
- Lakewood, CO 80214
- SqFT
- 8590.00
- Year Built
- 1960
- Acres
- 0.46
Map
Property Level and Sizes
- SqFt Lot
- 19950.00
- Lot Size
- 0.46
Financial Details
- Previous Year Tax
- 8661.00
- Year Tax
- 2024
- Primary HOA Fees
- 0.00
Interior Details
- Utilities
- Cable Available, Electricity Connected, Sewer Connected
Exterior Details
- Water
- Public
- Sewer
- Public Sewer
Garage & Parking
Exterior Construction
- Roof
- Membrane
- Construction Materials
- Brick, Frame
- Security Features
- Carbon Monoxide Detector(s), Smoke Detector(s)
Land Details
- PPA
- 0.00
- Road Frontage Type
- Public
- Road Responsibility
- Public Maintained Road
- Road Surface Type
- Paved
- Sewer Fee
- 0.00
Schools
Walk Score®
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