5239 Balsam St Arvada, CO 80002
Listing Courtesy of: IRES LLC / Coldwell Banker Realty / David "Dave" Janis - 3034425001
$895,000
2
BED
2
BATH
1,456
SQFT

  5239 Balsam St Arvada, CO 80002

Active (52 Days)

Description

Rare opportunity in Olde Town Arvada. This exceptional property offers an opportunity for future development, boasting a meticulously planned 12-unit townhome project that includes full architectural plans, soil tests, surveys, etc. guaranteeing a solid foundation for your project. Situated in the highly sought-after Olde Town Arvada, this property benefits from its prime location within walking distance of a vibrant array of restaurants, shops, and the convenient Light Rail Station. The existing ranch-style home on the property offers nearly 1,500 square feet of comfortable living space. With 2 bedrooms and multiple spacious living areas, wood-burning stove this home provides a cozy haven for potential tenants. The property also includes multiple barns and storage facilities, catering to various needs and expanding the potential uses of the land. With the potential to generate up to $3,500 a month in rental income.The current owner is open to a partnership, presenting an exciting chance for collaboration on this project. Whether you're an experienced developer looking to join forces or an investor seeking to enter the real estate market, this unique partnership avenue adds another layer of potential.

MLS #:
996440
Taxes
$2,896(2022)
Lot Size
1 acres
Type
Single-Family Home
Year Built
1904
Style
Ranch
School District
Jefferson Dist R-1
County
Jefferson County
Community
Arvada
Bathroom Details
  • Full Bathroom: 1
  • Half Bathroom: 1
Interior Features
  • Walk-In Closet(s)
  • Open Floorplan
  • Separate Dining Room
  • Eat-In Kitchen
Kitchen
  • Laminate Floor
Subdivision
  • Arvada
Lot Information
  • Level
Heating and Cooling
  • Forced Air
  • Ceiling Fan(s)
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Electricity Available
  • Sewer: City Sewer
School Information
  • Elementary School: Lawrence
  • Middle School: Arvada K-8
  • High School: Arvada
Garage
  • Garage
Parking
  • Rv/Boat Parking
Stories
  • 1
Living Area
  • 1,456 sqft
Additional Listing Info
  • Buyer Brokerage Commission: 2.80
Location
   
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Disclaimer: Updated: 9/28/23 20:40 Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES. Terms of Use: Listing information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.