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Boulder,CO 80302
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Pending
Purchase Type For Sale
Subdivision Grand View Heights
MLS Listing ID 1025072
Style Raised Ranch
Bedrooms 8
HOA Y/N false
Originating Board IRES MLS
Year Built 1960
Annual Tax Amount $9,117
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Income Property
Property Description
Discover the perfect addition to your investment portfolio with this multi-family property, ideally located near the heart of downtown Boulder and just steps from the University of Colorado (CU). This property is a rare find in one of Boulder's most desirable rental markets, offering consistent income potential, year-over-year rental increases, and a strong appeal to students. Situated within walking distance of CU and downtown Boulder, this property provides tenants with easy access to campus, shopping, dining, and entertainment. This property combines a strategic location with features tailored to student living, at a cap rate of over 5%, making it a compelling choice for investors seeking a reliable income stream in a thriving college town. Professionally managed and financial statements available.
Location
State CO
County Boulder
Area Boulder
Zoning Dup/Triple
Direction From Pearl Street, South on Broadway, West on University Avenue. Property is on the North side of the Street, at the corner of Lincoln Place and University Avenue.
Rooms
Basement Full
Interior
Interior Features Walk-In Closet(s)
Heating Baseboard
Fireplaces Type None
Fireplace false
Appliance Electric Range/Oven,Dishwasher,Refrigerator,Washer,Dryer
Laundry Washer/Dryer Hookups
Exterior
Utilities Available Natural Gas Available,Electricity Available
Roof Type Composition
Street Surface Asphalt
Building
Lot Description Sidewalks,Corner Lot
Story 1
Sewer City Sewer
Water City Water,Public
Level or Stories Raised Ranch
Structure Type Wood/Frame,Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Flatirons
Middle Schools Manhattan
High Schools Boulder
School District Boulder Valley Dist Re2
Others
Senior Community false
Tax ID R0003937
SqFt Source Assessor
Special Listing Condition Private Owner
Virtual Tour https://visithome.ai/iQgTehSd6BFwxSPiqoWLeh