Property Description

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. Seller owns two more similar properties and would be willing to sell as a portfolio. Savvy investors know the cash flow and appreciation potential on these student rentals, don't miss out on this opportunity!

General Features

MLS: 949132Status: Under Contract
Listing Office: Porchlight RE Group-BoulderVirtual Tour:
Style: 2 StoryConstruction: Brick/Brick Veneer
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

Road Access: City Street
New Financing: Cash,Conventional
Construction: Brick/Brick Veneer
Utilities: Natural Gas,Electric
Property Database Last Updated: September 26th 2021 03:15 PM

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