Metro Denver Luxury Homes For Sale

Property Description

INCOME PROPERTY — OR THE PERFECT PLACE TO STAY WHILE ATTENDING SCHOOL — YOU DECIDE! Beautifully remodeled 3BR/1.5BA condo less than a block from CU Boulder’s main campus and a bike ride to Boulder’s famed Pearl Street walking mall. Get in on a fantastic investment that could provide an annuity for years to come. Main floor kitchen welcomes with contemporary cabinets and stunning granite countertops. Low-maintenance plank flooring and newer paint provide a gracious and welcoming living area. Main floor bedroom feels like a private retreat with a wide balcony to enjoy a quiet moment. Convenient powder room on main floor. Downstairs, two spacious bedrooms with generous closet space flank a modern bathroom where efficiency meets style. One assigned parking space. Photos shown were taken during turnover period between tenants, but unit is currently occupied. So much work has already been done you’ll be able to close right away and enjoy the fruits of someone else’s labor. For the 2024-25 lease currently in place — Gross income: $55,680. CAP RATE: 6.5%. Come and discover your next great investment!

Features
: Baseboard
: None
: Finished
: None
: No
: Smoke Detector(s)
: 1
: Unfurnished
: Dishwasher, Disposal, Microwave, Range, Refrigerator
: Contemporary
: Laundry, Parking
: Asphalt
: Unknown
: Public Sewer
Address Map
CO
Boulder
Boulder
80302
University
1065
Avenue
University Townhouse Condominium
W106° 43' 15.9''
N40° 0' 39''
Additional Information
$930
Quarterly
: Insurance, Maintenance Grounds, Sewer, Snow Removal, Trash, Water, Heat, Maintenance Structure, Recycling, Reserves, Irrigation, Gas
: Frame, Brick
West
Flatirons
: Balcony
: Vinyl
Boulder
: Open Floorplan, Granite Counters, Kitchen Island, Ceiling Fan(s), Entrance Foyer
Yes
Yes
1031 Exchange, Cash, Conventional, Jumbo
Manhattan
Pear Tree Property Management
R0103603
: None
: Low Rise (1-3)
University Hills
$3,165
2023
: Cable Available, Electricity Connected, Natural Gas Connected, Internet Access (Wired)
RH-2
10/21/2024
: Appliances, Windows
992
Active
Yes
Boulder Valley RE 2
1
Slab
Boulder Valley RE 2
Common Area
Boulder Valley RE 2
10/22/2024
1
10/22/2024
123
Public
: One

University Hills

1065 University Avenue, Boulder, CO 80302

3 Bedrooms
2 Total Baths
992 Square Feet
$849,900
Listing ID #7129264
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 7129264
Price : $849,900
Bedrooms : 3
Rooms : 7
Total Baths : 2
Full Bathrooms : 1
1/2 Bathrooms : 1
Square Footage : 992 Square Feet
Year Built : 1968
Lot Area : 41,691 Acres
Lot Acres : 0.96
Property Sub Type : Condominium
Status : Active
Originating System Name : REcolorado
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