1065 University Avenue #123
Boulder, CO 80302
992 sqft | 3 beds | 1.5 baths | 0.96 acres | #7129264
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!
Location
Legal
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Last Updated: . Source: IRES
Listing Courtesy
Listing Agent: Maria Wakefield (#55041163), Phone: (303) 506-9956
Listing Office: Pear Tree Property Management (#M7582)
Listing Courtesy (Buyer)
Buyer's Agent: Kelly McBartlett (#042503)
