5465 Balsam Street
Arvada, CO 80002
- 3 beds
- 2 baths
- 2,200 sqft
- 8,192 sqft lot
- $329 per sqft
- 1960 build
- – on site
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.
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Last updated May 23, 2024
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MLS# 2108332 —
This home is listed in more than one place. See it here.
Monthly cost estimate
Asking price
$725,000
| 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. |
$3,882
|
| Taxes | $329 |
| Insurance | $199 |
| Utilities | $152 See report |
| Total | $4,562/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.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
39% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $22k above asking price on average, but some went as high as $87k over asking price.