5465 Balsam Street, Arvada, CO 80002

$725,000
3
BD
2
BA
2,200
SqFt

Courtesy of Compass - Denver . robyn@phippsteam.com,720-484-8620

Selling Office: Redfin Corporation.

Sold Price
$725,000
List Price
$725,000
Closing Date
Jun 07, 2024
Type
Single Family Residential
Status
CLOSED
MLS Number
2108332
Bedrooms
3
Bathrooms
2
Finished Sqft
2,200
Above Grade Sqft
1236
Total Sqft
2222
Subdivision
Olde Town Arvada
Sub-Area
Olde Town Arvada
Year Built
1960

Property Description

The Ultimate 'House Hack' in the Ultimate Location! This Updated Olde Town Arvada Walkout Ranch Provides Incredible Investment Opportunity with an Array of Options OR if You are Seeking a Multi-Generational Living Option, Look no Further! This Up/Down Duplex-Styled Plan Features a Standalone Upper Level of 1200+ Square Feet with Two Bedrooms + Fully Updated Full Bath. Enjoy a Gourmet Kitchen with Ample Storage, Maple Cabs, Brand New Quartz Countertops and Brand New Subway Backsplash. The Dining Area Looks Out over the Spacious, Sun Soaked Private Patio with Flower Beds Awaiting Summer BBQs Galore. The Oversized Family Room/Great Room Features a Modern Painted Brick Fireplace. You'll Also Find Gleaming, Newly Finished Hardwood Floors Throughout the Main Living and Bedroom Areas. The Walk Out Lower Level with Separate Entry Adds Nearly 1000 Square Feet and Includes a Petite-Sized Full Kitchen with Breakfast Bar, Also with New Quartz Tops. This Unit Adds Sunny Living Area and Conforming Bedroom + Recently Updated 3/4 Bath and Laundry Area. Great Opportunity for the Home Owner Wanting to Live in One Unit While the 2nd Cash Flows and Pays the Mortgage or Use Both Units as Either Long Term or Short Term Rentals! Pre-Existing Interior Stairs Connecting Both Units are Still in Place so New Owner has Option to Convert Back to Single Family Sooner or in the Future. Topping the List of Amenities is the Home's Location Only 1/2 Mile to Heart of Historic Downtown Arvada's Dining, Retail, Shopping, Wineries, Breweries and, of course, Olde Town Light Rail Station with Direct Access to Downtown Denver. Easy Access to I-70 Corridor and Front Range, Boulder & Denver.

Additional Information

Taxes
$3,949
School District
Jefferson County R-1
Elementary School
Lawrence
Middle School
Arvada K-8
High School
Arvada
Garage Spaces
1
Parking Spaces
1
Style
Traditional
Basement
Walk-Out Access
Type
Single Family Residence
Sewer
Public Sewer
Lot Size
8,192
Acres
0.19

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks


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