5225 Balsam Street Unit 1
Arvada, CO 80002
- 2 beds
- 1 bath
- 762 sqft
- 392 sqft lot
- $413 per sqft
- 1962 build
- – on site
Attention buyers and investors, move into one of the cutest condos in the 80002 or unlock the potential of your portfolio with this exceptional income property opportunity, a charming two-story condo in prime Arvada location! Whether you're looking or a primary residence or starting or expanding your investment portfolio, this property promises lucrative returns in a thriving location just moments from Olde Town Arvada. Enhancing the property's value and appeal to buyers or tenants alike, is newer luxury vinyl plank flooring that leads you into the heart of this open concept home with an abundance of natural light. The kitchen features updated granite countertops, stainless steel appliances, a center island, and a pantry, making it a chef's dream and the focal point for entertaining. Upstairs, you'll find two spacious bedrooms (without carpet) and a completely renovated bathroom, providing a stable foundation for of durability and minimal out of pocket expenses. Step outside to a private patio, enclosed by a fence, offering an ideal space for gatherings and relaxation. Located steps away is a generously sized open space, perfect for outdoor activities and enjoying the fresh air. This unit also has its own private storage shed. With its close proximity to shopping, dining, and parks, this residence provides unparalleled convenience and access to the best of the area. Don't wait—schedule your showing today and take advantage of this rare opportunity to secure a reliable income stream and build wealth through real estate investment or your very own primary residence in one of Arvada's most sought-after neighborhoods.
Last checked:
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Last updated May 4, 2025
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MLS# 3603672 —
The Building
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Year Built:1962
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Construction Materials:Brick, Wood Siding
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Building Area Total:762
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Building Area Source:Public Records
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Structure Type:Townhouse
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Roof:Composition
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Levels:Two
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Basement:false
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Architectural Style:Contemporary
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Common Walls:End Unit, 1 Common Wall
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Entry Location:Exterior Access
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Entry Level:1
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Exterior Features:Private Yard
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Patio And Porch Features:Patio
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
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Unit Number:1
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Above Grade Finished Area:762
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Property Attached:true
Interior
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Furnished:Unfurnished
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Flooring:Carpet, Vinyl
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Laundry Features:In Unit
Room Dimensions
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Living Area:762
Financial & Terms
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Ownership:Individual
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Possession:Negotiable, Subject To Tenant Rights
Location
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Latitude:39.79130495
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Longitude:-105.0887005
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Parcel Number:063893
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Property Condition:Updated/Remodeled
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Lot Number:0001
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Lot Size Area:392
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Lot Size Acres:0.01
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Lot Size SqFt:392 Sqft
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Lot Size Units:Square Feet
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Exclusions:Tenant's personal property
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Fencing:Full
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (719) 660-9695
- Office phone:
- (303) 790-7200
Taxes
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Tax Year:2023
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Tax Annual Amount:$1,669
Beds
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Bedrooms Total:2
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Upper Level Bedrooms:2
Baths
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Total Baths:1
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Full Baths:1
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Upper Level Baths:1
Heating & Cooling
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Heating:Baseboard
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Cooling:Air Conditioning-Room
Utilities
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Utilities:Electricity Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Schools
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Elementary School:Lawrence
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Elementary School District:Jefferson County R-1
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Middle Or Junior School:North Arvada
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Middle Or Junior School District:Jefferson County R-1
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High School:Arvada
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High School District:Jefferson County R-1
The Community
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Subdivision Name:West Park Condos
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Association Amenities:Coin Laundry
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Association:true
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Association Name:Vista Management
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Association Fee:$343
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Association Fee Frequency:Monthly
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Association Fee Annual:$4,116
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Association Fee Total Annual:$4,116
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Association Fee Includes:Reserves, Exterior Maintenance w/out Roof, Maintenance Grounds, Maintenance Structure, Road Maintenance
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Senior Community:false
Parking
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Parking Total:1
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Parking Features:Asphalt
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Attached Garage:false
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Reserved Spaces:1
Monthly cost estimate

Asking price
$315,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,686
|
Taxes | $139 |
Insurance | $86 |
HOA fees | $343 |
Utilities | $90 See report |
Total | $2,344/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.