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$ 1,250,000
Est. payment | /mo
5,544 SqFt
$ 1,250,000
Est. payment | /mo
5,544 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,544 sqft
Price per Sqft $225
MLS Listing ID 4156629
HOA Y/N No
Year Built 1961
Annual Tax Amount $7,439
Tax Year 2024
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Multi Family
Source recolorado
Property Description
265 Laurel Street is an 8 unit multifamily community centrally located in Broomfield, Colorado with easy access to Boulder and Denver. Built in 1961, this 2-story brick building has secured access to interior hallways, there are 7 one-bedroom units and 1 studio unit, all have newer double pane windows and 5 of the 8 units have been updated with vinyl plank flooring. The common area hallways have renovated with newer vinyl plank flooring and LED lights for a cleaner look. There is an income producing laundry facility located on the lower level. There are 8 off-street parking spaces in the rear of the property, and the parking lot was completely resurfaced in 2025. The entire electrical system was upgraded in 2025, all new electrical panels and conduit to each unit have been added. All units are individually metered for electricity, paid directly by the residents. Gas and water is master metered and currently paid by the owners. The building is heated by a central boiler and there are 2 water heaters providing domestic hot water replaced in 2021 and 2025. The property consists of 0.22 acres and the exterior landscaping is conveniently maintained by a sprinkler system. 265 Laurel Street offers strong rental appeal due to its historically strong occupancy, central location, and proximity to major employers, retail, recreation, and quality schools. The value-add potential is also a strong incentive to any potential buyer with the ability to continue the renovations to the remaining three units and increase rent growth. Contact agent for marketing package and financials.
Location
State CO
County Broomfield
Zoning R-5
Interior
Fireplace N
Exterior
Total Parking Spaces 8
Garage No
Building
Lot Description Irrigated, Landscaped, Sprinklers In Front
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional

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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
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Matt Thomas
Consultant | Broker Associate | FA100030130






