image imageimageimageimageimageimageimageimageimageimageimageimageimageimageimageimageimageimage

1045 Balsam St.

Lakewood, Colorado 80214

CONTACT BROKER
Price
$1,995,000
Property Type
Multifamily
# of Units
11
Building Size
8,590 SQFT
Lot Size
19,950 SQFT
Year Built
1960

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 2 bathrooms 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.

Highlights

  • Above average unit sizes with 2 bathrooms in the 2-bedroom units
  • Already achieving pro forma rents
  • Private balconies for each unit
  • Separate metered electric
  • Multiple laundry rooms on-site

Brokers

image

Jack Sherman

. Senior Advisor
(303) 903-9638.
image

Hunter Schaefer

. Senior Advisor
(925) 989-8930.

Request More Info

  • This field is hidden when viewing the form
  • This field is for validation purposes and should be left unchanged.