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Beth Erickson Sand Denver Real Estate Agent

MLS: 1938429     $320,000
2 Bedrooms with 1 Bath

MLS: 1938429 Condo For Sale
5225 BALSAM ST 1 ARVADA CO 80002
ARVADA CO 80002

MLS:  1938429
Status:  ACTIVE
List Price:  $320,000
Price per SQFT:  $420
Square Footage:  762

2 Bedrooms
1 Bath
Year Built:  1962
Zip Code:  80002

 

Listing Remarks

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 wait-schedule 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.

Address: 5225 BALSAM ST 1 ARVADA CO 80002 ARVADA CO 80002

MLS Logo  Listing Courtesy of EXIT Realty DTC, Cherry Creek, Pikes Peak. 303-790-7200


Condo Mania Agent:
Beth Sand

Featured Real Estate Agent Beth Sand

LIV Sotheby's International Realty
Broker Associate
Phone: 720.353.2384

Contact Us

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Listing Photos


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Listing Details


STATUS:Active
SPECIAL LISTING CONDITIONS:Private Owner
LISTING CONTRACT DATE:2024-06-28
BEDROOMS:2
BATHROOMS FULL:1
BATHROOMS THREE QUARTER:0
BATHROOMS HALF:0
LIVING AREA SQ FT:762
BUILDING AREA TOTAL:762
YEAR BUILT:1962
TAXES:$1,669
HOA FEES FREQUENCY:Monthly
HOA FEES:$343
HOA INCLUDES:Maintenance Structure
APPLIANCES INCLUDED:Dishwasher, Refrigerator, Washer, Dryer, Microwave
ARCHITECTURAL STYLE:Contemporary/Modern
CONSTRUCTION:Brick/Brick Veneer, Wood Siding
EXTERIOR FEATURES:Private Yard
HEATING:Baseboard
COOLING:Room Air Conditioner
LAUNDRY FEATURES:Common Area
# GARAGE SPACES:1
PROPERTY TYPE:Attached Dwelling
PROPERTY SUB TYPE:Attached Dwelling
ROOF:Composition
LISTING AGENT:ALYSA CASORLA
LISTING OFFICE:EXIT REALTY DTC, CHERRY CREEK, PIKES PEAK.

Estimated Monthly Payments


List Price:$320,000
20% Down Payment:$64,000
Loan Amount:$256,000
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$1,618

Estimate does not include taxes, fees, insurance.

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Property Location: 5225 BALSAM ST 1 ARVADA CO 80002 ARVADA CO 80002



Blue Marker: This Listing               Red Marker: Active Listings Nearby

Nearby Active Listings Within: 0.5 mi

MLS # List PriceAddressBedsBaths Sq FtCommunity
5632679 $604,333 5360 ALLISON ST D ARVADA CO 80002 2 4 1347
3995775 $739,500 8028 W 52ND LN B ARVADA CO 80002 3 4 1860 ALLISON PARK
2866174 $330,000 5402 CARR ST 201 ARVADA CO 80002 2 1 806 ASPENWOOD
1009901 $479,000 8455 W 52ND AVE B ARVADA CO 80002 3 3 1290
1012352 $499,990 9028 W 50TH LN 2 ARVADA CO 80002 3 3 1871 FOUR ACRE LAKE
9692315 $799,000 8000 GRANDVIEW AVE B ARVADA CO 80002 4 4 2286
2978189 $668,182 5350 CARR ST B ARVADA CO 80002 3 4 1804
3885862 $799,000 8000 GRANDVIEW AVE A ARVADA CO 80002 4 4 2286
2457721 $535,000 5358 ALLISON ST B ARVADA CO 80002 2 4 1347
6392067 $750,000 5419 ALLISON ST G ARVADA CO 80002 3 3 1839 OLDE TOWN COMMONS

Condo Mania Agent:
Beth Sand

Featured Real Estate Agent Beth Sand

LIV Sotheby's International Realty
Broker Associate
Phone: 720.353.2384

Contact Us

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Logo for Fair Housing ActThe Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.

Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. All information subject to change and should be independently verified.

Fair Housing 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.

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.

Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2024-07-05 04:28:02