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5225 Balsam Street , #1

Arvada, CO 80002
  • $320,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: 1938429
UPDATED: 101 min ago
$320,000
  • 2
    BEDS
  • 0.01
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 762
    SQFT
  • $420
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1962
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
REcolorado logo Offered by EXIT Realty DTC, Cherry Creek, Pikes Peak..

Description

Unlock the potential of your portfolio with this exceptional income property opportunity, a charming two-story condo in prime Arvada location with tenants already in place! Whether you're starting or expanding your investment portfolio, this property promises lucrative returns in a thriving location just moments from Olde Town Arvada. Enhancing the property's value and appeal to tenants is newer luxury vinyl plank flooring that leads you into the heart of this open concept home with an abundance of natural light. The kitchen features updated granite countertops, stainless steel appliances, a center island, and a pantry, making it a chef's dream and the focal point for entertaining. Upstairs, you'll find two spacious bedrooms (without carpet) and a completely renovated bathroom, providing a stable foundation for of durability and minimal out of pocket expenses. Step outside to a private patio, enclosed by a fence, offering an ideal space for gatherings and relaxation. Located steps away is a generously sized open space, perfect for outdoor activities and enjoying the fresh air. This unit also has its own private storage shed. With its close proximity to shopping, dining, and parks, this residence provides unparalleled convenience and access to the best of the area. Don't waitschedule your showing today and take advantage of this rare opportunity to secure a reliable income stream and build wealth through real estate investment in one of Arvada's most sought-after neighborhoods.

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Venterra Real Estate LLC are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.venterrahomes.com/homes/152120633
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5225 Balsam Street , #1 Arvada, CO 80002

  • Price: $320,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 101 min ago
  • ID#: 1938429
2
Beds
1
Baths
0
½ Baths
0.01
Acres
762
SQFT
$420
$/SQFT
1962
Built
Neighborhood:
West Park Condos
County:
Jefferson
Area:
Arvada
Elementary School:
Lawrence
Middle School:
North Arvada
High School:
Arvada
School District:
Jefferson County R-1
Property Description
Unlock the potential of your portfolio with this exceptional income property opportunity, a charming two-story condo in prime Arvada location with tenants already in place! Whether you're starting or expanding your investment portfolio, this property promises lucrative returns in a thriving location just moments from Olde Town Arvada. Enhancing the property's value and appeal to tenants is newer luxury vinyl plank flooring that leads you into the heart of this open concept home with an abundance of natural light. The kitchen features updated granite countertops, stainless steel appliances, a center island, and a pantry, making it a chef's dream and the focal point for entertaining. Upstairs, you'll find two spacious bedrooms (without carpet) and a completely renovated bathroom, providing a stable foundation for of durability and minimal out of pocket expenses. Step outside to a private patio, enclosed by a fence, offering an ideal space for gatherings and relaxation. Located steps away is a generously sized open space, perfect for outdoor activities and enjoying the fresh air. This unit also has its own private storage shed. With its close proximity to shopping, dining, and parks, this residence provides unparalleled convenience and access to the best of the area. Don't waitschedule your showing today and take advantage of this rare opportunity to secure a reliable income stream and build wealth through real estate investment in one of Arvada's most sought-after neighborhoods.
Exterior Features

Architectural Style Contemporary Attached Garage YN No Carport Spaces 0 Construction Materials BrickWood Siding Exterior Features Private Yard Fencing Full Lot Size Area 392 Offstreet Spaces 0 Parking Features Asphalt Parking Total 1 Patio And Porch Features Patio Road Surface Type Paved Roof Composition Rv Spaces 0 Structure Type Low Rise (1-3)

Interior Features

Above Grade Finished Area 762 Appliances DishwasherDryerMicrowaveOvenRangeRefrigeratorWasher Basement YN No Common Walls End Unit1 Common Wall Cooling Air Conditioning-Room Entry Level 1 Entry Location Exterior Access Flooring CarpetVinyl Heating Baseboard Laundry Features In Unit Levels Two Main Level Bathrooms 0 Main Level Bedrooms 0 Rooms Total 6

Property Features

Association Amenities Coin Laundry Association Fee 343 Association Fee Annual 4116.00 Association Fee Frequency Monthly Association Fee Includes ReservesExterior Maintenance w/out RoofMaintenance GroundsMaintenance StructureRoad Maintenance Association Fee Total Annual 4116.00 Association Fee2 Annual 0.00 Association Fee3 Annual 0.00 Association YN Yes Building Area Source Public Records Comparable Listing YN No Exclusions Tenant's personal property Furnished Unfurnished Green Verification Count 0 Listing Terms CashConventionalOther Living Area Sq Ft 762 Multiple Associations YN No Ownership Individual Possession Subject To Tenant Rights Property Attached YN Yes Property Condition Updated/Remodeled Property Sub Type Condominium Restrictions Covenants Lease Restrictions Restrictions Covenants YN Yes Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 1669 Tax Legal Description SECTION 14 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 827200 SUBDIVISIONNAME WESTPARK CONDOS PH I BLOCK 00A LOT 0001 TRACT Tax Year 2023 Utilities Electricity Connected Water Source Public

REcolorado logo Listing courtesy of EXIT Realty DTC, Cherry Creek, Pikes Peak.:alysa@exitrealtypikespeak.com,719-660-9695. MLS #1938429


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Venterra Real Estate LLC are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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Venterra Real Estate LLC
802 S Tejon St.
Colorado Springs CO, 80903
REcolorado logo Offered by EXIT Realty DTC, Cherry Creek, Pikes Peak..