Skip To Content

5390 Balsam St

Arvada, CO 80002
  • $785,000
  • STATUS: Closed
  • ON SITE: 115 Days
  • MLS #: 958210
Sold - 05/20/2022
$785,000
SOLD - 05/20/2022
  • 5
    BEDS
  • 0.58
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,746
    SQFT
  • $286
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1927
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Development/investment opportunity in Olde Town Arvada on 1/2 acre, close to light rail, and zoned R-13. There are 2 existing houses. The first house is a ranch with 2 bedrooms, 1 bath, central air, remolded bathroom, and large covered front porch. Second house is two stories with 3 bedrooms, 2 baths, spiral staircase, central air, includes two different washer and dryers, and is set up with a 2nd kitchen. 3-car garage rents out separately to the tenants of the second house for an additional charge. Buyer and Buyer's Agent to confirm zoning and all measurements.

Monthly Payment Calculator



© 2022 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or Find Colorado Real Estate - Northern Colorado Team. Data last updated: 2022-05-24T23:40:37.24.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.findcolorado.com/homes/125190553
Print Image

5390 Balsam St Arvada, CO 80002

  • Price: $850,000
  • Status: Closed
  • On Site: 115 Days
  • MLS #: 958210
5
Beds
0
Baths
0
½ Baths
0.58
Acres
2,746
SQFT
$286
$/SQFT
1927
Built
Neighborhood:
Olde Town Arvada
County:
Jefferson
Area:
12 Denver Metro area
Elementary School:
Lawrence
Middle School:
Arvada
High School:
Arvada
School District:
Jefferson Dist R-1
Property Description
Development/investment opportunity in Olde Town Arvada on 1/2 acre, close to light rail, and zoned R-13. There are 2 existing houses. The first house is a ranch with 2 bedrooms, 1 bath, central air, remolded bathroom, and large covered front porch. Second house is two stories with 3 bedrooms, 2 baths, spiral staircase, central air, includes two different washer and dryers, and is set up with a 2nd kitchen. 3-car garage rents out separately to the tenants of the second house for an additional charge. Buyer and Buyer's Agent to confirm zoning and all measurements.
Exterior Features

Architectural Style Ranch Construction Materials Wood/Frame Horse YN No Levels Two Property Attached YN No Roof Composition Spa YN No Waterfront YN No

Interior Features

Basement None Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 985 Unit1 Total Baths 1 Unit2 Bedrooms 3 Unit2 Est Sq Ft 1540 Unit2 Total Baths 2

Property Features

Association YN No Cap Rate 4.68 Ditches Active YN No Electric Electric Exclusions All Tenant's Personal Property Gas Natural Gas Gross Income 39739.44 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Locale Arvada Net Operating Income 39739.44 New Construction YN No Operating Expense 0 Property Condition Not NewPreviously Owned Property Sub Type Single Family Residence Sewer City Sewer Special Listing Conditions Private Owner Tenant Pays DepositGasElectricityWater Unit1 Rent 1400 Unit2 Rent 2027 Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity Of Arvada Water Zoning R-13

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Les Pfenning of Liv Sotheby's Intl Realty: 303-443-6161.



© 2022 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or Find Colorado Real Estate - Northern Colorado Team. Data last updated: 2022-05-24T23:40:37.24.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
https://bt-photos.global.ssl.fastly.net/ires/1280_boomver_1_1260462-2.jpg https://bt-photos.global.ssl.fastly.net/ires/1280_boomver_1_1260462-2.jpg
Logo
Find Colorado Real Estate - Northern Colorado Team
201 Camino Real
Fort Collins CO, 80524