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1241 Balsam Ave

Boulder, CO 80304
  • $2,700,000
  • STATUS: Active
  • ON SITE: 51 Days
  • MLS #: 1048020
UPDATED: 47 min ago
$2,700,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1965
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

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.

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© 2026 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2026-01-24T11:43:31.163.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/171085683
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1241 Balsam Ave Boulder, CO 80304

  • Price: $2,700,000
  • Status: Active
  • On Site: 51 Days
  • Updated: 47 min ago
  • MLS #: 1048020
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1965
Built
Neighborhood:
Carlsons
County:
Boulder
Area:
Boulder
Elementary School:
Columbine
Middle School:
Casey
High School:
Boulder
School District:
Boulder Valley Dist Re2
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.
Exterior Features

Construction Materials Brick Other Parking 1 Space/Unit Parking Total 8 Roof Composition View Hills Waterfront YN No

Interior Features

Appliances Electric RangeRefrigeratorWasherDryer Basement None Heating Hot Water Levels Five Or More Living Area Source Other Number1 Bedroom Units 4 Number2 Bedroom Units 2

Property Features

Are Ditches Active No Association YN No Flood Plain Minimal Flood or C Rating Gross Income 149568 Has Improvements No Has Irrigation Ditches No Has Metro Tax District No Has Water Rights No Irrigation Water Rights YN No Is Water Meter Installed Yes Lot Features Paved Net Operating Income 112176 New Construction Status Not NewPreviously Owned New Construction YN No Operating Expense 37392 Road Frontage Type City Street Road Surface Type Asphalt Special Listing Conditions Private Owner Tax Annual Amount 15387 Tax Year 2024 Utilities Master Meter-GasSeparate Meter Electricity Water Source City Zoning RES

Listing information © 2026 Information and Real Estate Services
Listing provided courtesy of Jay Hebb of The Agency - Boulder: 7204435568.



© 2026 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2026-01-24T11:43:31.163.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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