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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: 949132Status: Sold
Listing Office: Porchlight RE Group-BoulderListing Office Phone: 303-733-5335
Style: TwoConstruction: Brick/Brick Veneer
Bedrooms: 6Baths: 3
Heating: Forced AirTotal SqFt: 2,052ft²
Acreage: 0.17 acresLot 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
Property Database Last Updated: April 24th 2024 02:55 AM

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