Boulder, CO 80304,1241 Balsam
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Boulder, CO 80304,1241 Balsam
Boulder, CO 80304,1241 Balsam
Boulder, CO 80304,1241 Balsam
Boulder, CO 80304,1241 Balsam
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$ 2,700,000
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1241 Balsam Boulder, CO 80304

4,524 SqFt


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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,524 sqft

Subdivision Carlsons

MLS Listing ID IRE1048020

HOA Y/N No

Year Built 1965

Annual Tax Amount $15,387

Tax Year 2024

Lot Size 9,147 Sqft

Acres 0.21

Source ires

Property Description

A rare chance to own a versatile income property in one of Boulder's most sought-after locations. This 6-unit building offers incredible flexibility for investors and developers, with multiple pathways to create immediate and long-term value. As it stands, the property provides stable income with rental numbers reflecting current rates and projected income is based on neighboring comparables. With a remodel, the upside is significant-endless potential to elevate rents, modernize units, or condominiumize and re-imagine the entire asset.Looking for an even greater opportunity? This property may also be purchased together with the adjacent lot at 1265-1267 Balsam Ave (see MLS #1022987), opening the door to expanded development options or a larger income-producing footprint.Whether your vision is to rent, renovate, redevelop, or live in, the possibilities are truly limitless. A Boulder investment like this does not come around often-don't miss your chance to own in the center of it all. Listing agent is owner of the property and is a licensed agent in the state of Colorado.

Location

State CO

County Boulder

Community Carlsons

Area Boulder

Zoning RES

Rooms

Basement None

Interior

Heating Hot Water

Appliance Electric Range, Refrigerator, Washer, Dryer

Exterior

Utilities Available Master Meter-Gas, Separate Meter Electricity

View Y/N Yes

View Hills

Roof Type Composition

Improvements No

Garage No

Building

Lot Description Paved

Water City

Structure Type Brick

New Construction false

Schools

Elementary Schools Columbine

Middle Schools Casey

High Schools Boulder Valley Dist Re2

School District Boulder Valley Dist Re2

Others

Special Listing Condition Private Owner


Information and Real Estate Services (IRES)
Listed by Jay Hebb
Dave Fish

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1241 Balsam