5225 Balsam Street 1, Arvada

$320,000

2 Beds
1 Baths
762 Sqft
.01 Acres
0 Garages

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.

Essential Information
MLS® #1938429
Price$320,000
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage762
Acres0.01
Year Built1962
TypeResidential
Sub-TypeCondominium
StyleContemporary
StatusActive
Community Information
Address5225 Balsam Street 1
SubdivisionWest Park Condos
CityArvada
CountyJefferson
StateCO
Zip Code80002
Amenities
AmenitiesCoin Laundry
UtilitiesElectricity Connected
Interior
HeatingBaseboard
CoolingAir Conditioning-Room
StoriesTwo
Appliances

Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer

Exterior
Exterior FeaturesPrivate Yard
RoofComposition
School Information
DistrictJefferson County R-1
ElementaryLawrence
MiddleNorth Arvada
HighArvada
Additional Information
Date ListedJune 28th, 2024
Parking Spaces1
ParkingAsphalt
Office

EXIT Realty DTC, Cherry Creek, Pikes Peak.

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