$1,700,000

1045 Balsam Street, Lakewood, CO 80214

  • 9,950 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon0.46acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $171/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Excellent value add opportunity through interior and exterior renovations. Property is located in a rapidly evolving neighborhood in Lakewood, with easy access to Highway 6, I-70 and public transportation. This distinguished multi-family property at 1045 Balsam Street in Lakewood, Colorado, presents an exceptional investment opportunity in a burgeoning market. Comprising 11 units across 9,950 square feet, this apartment building is strategically designed to maximize rentable square footage and minimize expenses. The propeerty features well-appointed kitchens with appliances, cabinetry, and spacious layouts that facilitate both functionality and style. The bedrooms are designed for comfort with electric baseboard heating and ample storage. The bathrooms are equipped with contemporary fixtures and thoughtful layouts, ensuring a seamless living experience for residents. This property is ideally situated within a suburban community that offers essential amenities, parks, and educational institutions. The presence of sidewalks promotes an active lifestyle, while outdoor spaces such as patios and decks enhance the living experience. With sufficient parking and proximity to Denver's urban offerings, this property is poised to attract discerning tenants seeking quality living in a desirable location.

Listing Status:
Active
Data Last Updated:
April 5, 2026 at 7:22AM
Listing Office:
Velocity Real Estate Advisors LLC : 720-937-1437
Listing Agent:
Eric Helwig : 720-937-1437
MLS ID:
4570185
  • Style: Traditional
  • Parking: Parking spaces: 0
  • Roofing: Membrane
  • Road/Access: Public
  • Originating MLS: recolorado
  • County: Jefferson
  • Zoning: SECTION 02 TOWNSHIP 04 RANGE 69 QTR NW SUBDIVISIONCD 442600 SUBDIVISIONNAME LAKEWOOD BLOCK 092 LOT 0009 SIZE: 3125 TRACT VALUE: .072 SECTION 02 TOWNSHIP 04 RANGE 69 SUBDIVISIONCD 442600 SUBDIVISIONNAME LAKEWOOD BLOCK 092 LOT SIZE: 1200 TRACT 0AD VALU E: .028 SECTION 02 TOWNSHIP 04 RANGE 69 SUBDIVISIONCD 442600 SUBDIVISIONNAME LAKEWOOD BLOCK 092 LOT 0010 SIZE: 3125 TRACT VALUE: .072 SECTION 02 TOWNSHIP 04 RANGE 69 SUBDIVISIONCD 442600 SUBDIVISIONNAME LAKEWOOD BLOCK 092 LOT 0011 SIZE: 3125 TRACT VA LUE: .072 SECTION 02 TOWNSHIP 04 RANGE 69 SUBDIVISIONCD 442600 SUBDIVISIONNAME LAKEWOOD BLOCK 092 LOT 0012 SIZE: 3125 TRACT VALUE: .072 SECTION 02 TOWNSHIP 04 RANGE 69 SUBDIVISIONCD 442600 SUBDIVISIONNAME LAKEWOOD BLOCK 092 LOT 0013 SIZE:052032
  • Current Use: Multi-Family
  • Water: Public
  • Sewer: Public Sewer
  • Source: recolorado

This listing courtesy of Eric Helwig , Velocity Real Estate Advisors LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
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

J

Jefferson County Open Elementary School

7655 W 10th Ave, Lakewood, CO, 80214

Grades PK-6

0.25 miles away

J

Jefferson County Open Secondary School

7655 W 10th Ave, Lakewood, CO, 80214

Grades 7-12

0.27 miles away

J

Jefferson County Open Secondary School

7655 W 10th Ave, Lakewood, CO, 80214

Grades 7-12

0.27 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.