About 1045 Balsam Street
Located in the heart of Lakewood, Colorado, 1045 Balsam Street is an 11-unit multifamily property offering a strong value-add opportunity for investors. The unit mix consist of one studio, four one-bedroom/one-bath units, and six two-bedroom/two-bath units, providing a diverse range of options for tenants in a highly sought-after rental market. The property is well-positioned for upside through both interior/exterior renovations and rental increases. Current rents are below market, and updating the units offers a clear path to enhancing both income and asset value. The location is another key strength, with convenient access to major roadways and public transportation. This property represents a rare chance to acquire a well-located multifamily asset with immediate potential for increased cash flow and long-term appreciation. With strong rental demand in the area and a clear opportunity to improve performance through strategic upgrades, 1045 Balsam Street is a compelling addition to any investment portfolio.
Features of 1045 Balsam Street
| MLS® # | 3283710 |
|---|---|
| Price | $1,800,000 |
| Bathrooms | 0.00 |
| Square Footage | 8,590 |
| Acres | 0.46 |
| Year Built | 1960 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 1045 Balsam Street |
|---|---|
| City | Lakewood |
| County | Jefferson |
| State | CO |
| Zip Code | 80214 |
Amenities
| Utilities | Cable Available, Electricity Connected, Sewer Connected |
|---|---|
| Parking Spaces | 26 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Roof | Membrane |
|---|
Additional Information
| Date Listed | August 25th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Unique Properties LLC |
|---|