Property Description
BACK ON MARKET due to no fault of property or Seller, buyer terminated due to loan conditions. Investment property with mountain views and a strong rental history. Smart Regs compliant with a 5.4% simple cap rate and potential for more, rented through July 2022. Located right just off Broadway and bus line, close to campus and shopping center. Three bedrooms upstairs and three non-conforming bedrooms with a kitchenette downstairs make this a popular rental for CU students. New radon mitigation system installed. Ask about the Seller's investor portfolio. Savvy investors know the cash flow and appreciation potential on these student rentals, don't miss out on this opportunity! Motivated Seller.General Features
MLS: 949132 | Status: Sold |
Listing Office: Porchlight RE Group-Boulder | Listing Office Phone: 303-733-5335 |
Style: Two | Construction: Brick/Brick Veneer |
Bedrooms: 6 | Baths: 3 |
Heating: Forced Air | Total SqFt: 2,052ft² |
Acreage: 0.17 acres | Lot Size: 7,302ft² |
School Information
District: Boulder Valley Dist RE2 |
Elementary: Creekside |
Middle: Manhattan |
High: Fairview |
Taxes & Fees
Tax Amount: $3,675 |
Tax Year: 2020 |
Additional Information
Outdoor Features: , , Lighting, , Curbs, Gutters, Sidewalks |
Road Access: City Street |
New Financing: Cash,Conventional |
Construction: Brick/Brick Veneer |
Energy Features: , |
Utilities: Natural Gas Available,Electricity Available |