1045 Balsam St Lakewood, CO 80214

This exceptional 11-unit multifamily property, located at 1045 Balsam Street in Lakewood, Colorado, presents a compelling investment opportunity. Built in 1960, the 8,590 square foot building boasts a desirable unit mix catering to a diverse tenant base. The configuration includes one studio apartment, four one-bedroom/one-bathroom units, and six unique two-bedroom/two-bathroom units. The two-bathroom layout in the larger units is particularly attractive, ideal for roommates seeking privacy. Many units feature private balconies, some with multiple balconies, enhancing tenant appeal and livability. Ample parking is available on-site, a significant advantage in this location. The property's prime location, just blocks from the W Line light rail station, provides convenient access to public transportation, further increasing its desirability. This presents a strong opportunity for an investor to capitalize on the existing rental income while implementing further renovations to enhance unit value and increase rental rates, thereby maximizing cash flow and overall return on investment. The property sits on a 0-acre lot. The asking price is $2,095,000.