5396 Balsam St, Arvada, CO 80002
- $550,000
- 3
- BD
- 1
- BA
- 1,058
- SqFt
- List Price
- $550,000
- Status
- ACTIVE
- MLS#
- 3332622
- Price Change
- ▼ $150,000 1781758946
- Year Built
- 1949
- Bedrooms
- 3
- Bathrooms
- 1
- Living Area
- 1,058
- Region
- Metro Denver
- Subdivision
- Arvada Old Town
Property Description
Sellers are MOTIVATED! Welcome to 5396 Balsam Street in the heart of Arvada! This 3-bedroom, 1-bath home sits on an expansive 25,265 sq. ft. lot offering a rare opportunity for both homeowners and investors. The property's generous size and multi-unit zoning create outstanding development potential-whether you envision building additional residences, exploring income-producing opportunities, or designing your own dream retreat. The existing home provides comfortable living with three well-sized bedrooms, a full bath, and a functional floor plan. Surrounded by mature trees and open space, the oversized lot delivers a sense of privacy while still being close to everything Arvada has to offer. Enjoy easy access to Olde Town Arvada's shops, dining, and light rail, as well as nearby parks, schools, and major commuter routes. This property combines current livability with incredible future upside-making it a truly unique find in today's market. Additionally, the owners of several adjacent properties are willing to sell for the right price so a larger assemblage would be an option. The subject property is zoned R13 and the parcels to the North are zoned R24 so the possible density options are attractive. Consult with Arvada City planning to fully understand the potential. Don't miss the chance to own a piece of Arvada with very attractive development possibilities!
Additional Information
- Taxes
- $4,089
- Style
- Cottage, Fixer-Handyman Special
- School District
- Jefferson Dist R-1
- Elementary School
- Lawrence
- Middle School
- Arvada K-8
- High School
- Arvada
- Heating
- Forced Air
- Cooling
- Central Air
- Utilities
- Electricity Available
- Garage Spaces
- 2
- Zoning
- R 13
Mortgage Calculator
Listing courtesy of Donald Betts.
Bettsdonald@mac.com,303-888-4874
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