265 Laurel St Broomfield, CO 80020

Located in Broomfield, Colorado, 265 Laurel Street is an eight-unit multifamily community offering convenient access to Boulder and Denver. Constructed in 1961, the two-story brick building features secured access to interior hallways, including access from the off-street parking lot located at the rear of the building. The unit mix comprises seven one-bedroom units and one studio. Newer double-pane windows are installed in all units. Five of the eight units have been updated with vinyl plank flooring. Common area hallways have been renovated with newer vinyl plank flooring and LED lights. An income-producing laundry facility is located on the lower level. The rear off-street parking lot, containing eight spaces, was resurfaced in 2025. The entire electrical system was upgraded in 2025, including new electrical panels and conduit to each unit. All units are individually metered for electricity, with residents paying directly. Gas and water are master metered and currently paid by the owners. Heating is provided by a central boiler. Two water heaters supply domestic hot water and were replaced in 2021 and 2025. The property is situated on a 0.22-acre lot with exterior landscaping maintained by a sprinkler system. The property offers rental appeal due to its central location and proximity to major employers, retail, recreation, and quality schools. There is value-add potential with the ability to continue renovations to the remaining three units.