Tucked just off University Avenue in a private, off-street setting behind the front residence, this charming 1917 cottage presents a rare investment opportunity just steps from the University of Colorado campus and the vibrant amenities of The Hill. The 3-bedroom, 1-bath home offers 880 square feet of highly functional living space filled with warmth and natural light.A sunny living room welcomes residents inside, while the bright eat-in kitchen features a vaulted ceiling and an open, airy feel. Hardwood floors run throughout much of the home, and a versatile loft provides additional space for guests, studying or flexible use. A spacious front porch creates a welcoming outdoor retreat, and the fully fenced yard features low-maintenance pebbled landscaping.Recent improvements include a newer hot water heater, updated bathroom flooring, and in-unit washer and dryer. Two off-street parking spaces add valuable convenience in this central Boulder location.Just a five-minute walk to CU Boulder, dining and neighborhood amenities, the property currently generates $3,950 per month in rent plus an average of $195 in monthly utilities paid by tenants, offering immediate income potential in one of Boulder’s most consistently sought-after rental locations.