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$2,700,000
9 Days On Site

1241 Balsam Ave
Boulder, CO 80304

For Sale|Multi Family|Active
8
Beds
6
Total Baths
1965
Built
Subdivision:
Carlsons
County:
Boulder

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1241 Balsam Ave1241 Balsam Ave1241 Balsam Ave1241 Balsam Ave
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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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Listing Snapshot
Price 
$2,700,000
Days On Site 
9 Days
Bedrooms 
8
Inside Area (SqFt) 
N/A
Total Baths 
6
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.21 Acres
Year Built 
1965
MLS® Number 
1048020
Status 
Active
Property Tax 
$15,387
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoPrice changed to $2,700,000
a week agoListing first seen on site
General Features
Acres 
0.21
Number Of Stories 
5
Parking Spaces 
8
Property Sub Type 
Multi Family
Water Source 
Public
Zoning 
RES
Interior Features
Appliances 
RefrigeratorWasherDryerOven
Basement 
None
Heating 
Hot Water
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Exterior Features
Road Frontage 
City Street
Roof 
Composition
Community Features
MLS Area 
Boulder
Roads 
PavedAsphalt
School District 
Boulder Valley Dist RE2
Schools
School District
Boulder Valley Dist RE2
Elementary School
Columbine
Middle School
Casey
High School
Boulder
Listing courtesy of The Agency - Boulder


Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Information source: Information and Real Estate Services, LLC. Information deemed reliable but not guaranteed by the MLS. Listing 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. Provided for limited non-commercial use only under IRES Rules © Copyright IRES. Digital Millenium Copyright Act

Last checked 2025-12-10 06:23 PM MST.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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