• MLS® #: 9253948
  • 1020 Balsam
  • Lakewood, CO 80214
  • $1,000,000
  • 0.26 Acres
  • Commercial Sale
  • Keller Williams Realty Urban Elite

This property contains 2 buildings- 4 unit multiplex and a single-family home. Semi updated 4 unit apartment building has all 2 bed - 1 bath, fully occupied by satisfied, reliable tenants. New windows, compliant hot water heater and many other updates. Hikvision infrared fixed dome network POE Security camera system, internet, satellite dishes, coin-operated laundry with coin machine included. Rents range from $1150-1350 per month. Detached single-family home is a 2 bed, 1 bath, split level house with a basement. 3rd non-conforming bedroom and roughed in 2nd bath in basement could increase rent if finished. It also has a large fenced in, private yard. Rent is $1370 per month. Leased currently as Section 8. 1 Electric meter for the 4 unit multiplex and 1 for the single-family home. 1 gas line for the entire property. New roof with transferable warranty. cash, conventional and FHA possibly. Property being sold AS-IS Very well maintained property. Nice income return. Potential for lucrative short term rental. Easily live on-site and manage other units. Excellent location near light-rail, other public transit and 12 minutes to downtown.

Essential Information

  • MLS® #9253948
  • Price$1,000,000
  • Bathrooms0.00
  • Acres0.26
  • Year Built1962
  • TypeCommercial Sale
  • Sub-TypeMulti Family
  • StyleLow Rise
  • StatusPending

Community Information

  • Address1020 Balsam
  • CityLakewood
  • CountyJefferson
  • StateCO
  • Zip Code80214


  • ParkingDriveway, Gravel


Electricity Connected, High Speed Internet Available, Phone Available, Sewer Connected


  • # of Stories2
  • StoriesTwo


  • Exterior FeaturesBalcony
  • RoofComposition
  • ConstructionBrick, Wood Siding

Additional Information

  • Date ListedFebruary 19th, 2020
  • Days on Market38
  • ZoningR-MF
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