$205,000

5225 Balsam Street 5, Arvada, CO 80002

2 beds |
1 bath |
762 sqft

Condominium
Built in 1962
—— sqft lot
—— car garage
$269/sqft
Listed 7 days ago

Property Description

**** This home is part of an AFFORDABLE HOMEOWNERSHIP PROGRAM through Elevation Community Land Trust (ECLT)***** $5,000 Seller Concession available for limited time! AFFORDABLE HOMEOWNERSHIP Through Elevation Community Land Trust (ECLT) Step into this charming 2-bedroom, 1-bathroom, 2-story condo offering an open floor plan filled with natural light. The spacious living room includes convenient understair storage, while the updated kitchen features an island, stainless steel refrigerator, black dishwasher, stove, microwave, and a cozy eat-in area—perfect for everyday living and entertaining. Upstairs, you’ll find two generously sized bedrooms and a full bathroom with modern finishes. Through the sliding glass door, enjoy your private fenced-in patio—ideal for relaxing outdoors. Additional amenities include convenient parking and an onsite coin-operated laundry facility. Located in a beautiful residential Arvada community, this home is close to shopping, Costco, parks (including one just across the street), bus routes, and Olde Town Arvada. With thoughtful updates and a prime location, this home offers affordable comfort and convenience. Only ECLT-qualified homebuyers whose letter of qualification indicates they are under both the MTSP and FMR income limits are eligible to purchase this home. In addition to the mortgage payment, there is a fee of $100 per month for the land lease. Income Qualification Guidelines: 1 person: $98,100 2 people: $112,100 3 people: $126,100 4 people $140,100 Do you meet the income qualifications? Reach out today to learn more!

Listing Status:: Active
Data Last Updated:: April 17, 2026 at 7:20AM
Listing Office:: Invalesco Real Estate : 720-580-9196
Listing Agent:: Merima Brkic : 303-304-3888
MLS ID:: 5935393

Appliances: DishwasherMicrowaveOvenRangeRefrigerator
Laundry: Common Area
Flooring: CarpetWood
A/C: Air Conditioning-Room
Heating: Baseboard

General: Private Yard
Style: Contemporary
Parking: Parking spaces: 1

Roofing: Composition
Windows: Window Coverings
General: Two

HOA Amenities: Coin LaundryParkingReservesExterior Maintenance w/out RoofMaintenance GroundsMaintenance StructureRoad MaintenanceSewerSnow RemovalTrashWater363.0Monthly
Originating MLS: recolorado
School District: Jefferson County R-1
County: Jefferson

Zoning: SECTION 14 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 827200 SUBDIVISIONNAME WESTPARK CONDOS PH I BLOCK 00B LOT 0005 TRACT154475

Water: Public
Sewer: Public Sewer

Source: recolorado
Ownership: Corporation/Trust
Exclusions: Seller's personal property

This listing courtesy of Merima Brkic , Invalesco Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Lawrence Elementary School

5611 Zephyr St, Arvada, CO, 80002

Grades KG-5

0.52 miles away

Arvada K-8 School

5751 Balsam St, Arvada, CO, 80002

Grades KG-8

0.66 miles away

Arvada High School

7951 W 65th Ave, Arvada, CO, 80004

Grades 9-12

1.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.