265 Laurel St Broomfield, CO 80020

The property at 265 Laurel Street is an eight-unit multifamily community situated in a central Broomfield, Colorado location, providing convenient access to both Boulder and Denver. Constructed in 1961, this two-story brick building features secured access to interior hallways. The unit mix comprises seven one-bedroom units and one studio unit. All units have newer double pane windows, and five of the eight units have been updated with vinyl plank flooring. The 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. Eight off-street parking spaces are available in the rear of the property, and the parking lot was completely resurfaced in 2025. The entire electrical system was upgraded in 2025, including all new electrical panels and conduit to each unit. All units are individually metered for electricity, which is paid directly by the residents. Gas and water are master metered and currently paid by the owners. The building is heated by a central boiler, and there are two water heaters providing domestic hot water, replaced in 2021 and 2025. The property occupies 0.22 acres, and the exterior landscaping is maintained by a sprinkler system. The location 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.