CO > Boulder > Westview Gardens
Boulder, CO 80303,3300 Madison AVE
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Ricardo Novelo

Ricardo Novelo

+1(719) 308-4642
$1,900,000
Est. payment /mo
6,534 Sqft Lot
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UPDATED:

11/18/2024 03:31 PM

Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Westview Gardens

MLS Listing ID IR1015160

HOA Y/N No

Originating Board recolorado

Year Built 1966

Annual Tax Amount $10,360

Tax Year 2023

Lot Size 6,534 Sqft

Acres 0.15

Property Description

Welcome to 3300 Madison Avenue, a fantastic investment opportunity in the heart of Boulder! This well-maintained 4-plex offers an unbeatable location just steps away from the University & less than 10 minutes from downtown Boulder, making it highly desirable for students & professionals alike. There is also a community pool & bike underpass nearby, as well as close proximity to the 29th Street Mall. Each unit boasts 2 spacious bedrooms & 1 modern bathroom, providing comfortable living spaces for tenants. Three of the units have been completely updated with contemporary finishes & fixtures, while the fourth unit has been partially updated, offering room for customization. Every unit includes its own laundry facilities, ensuring convenience for all residents & features a private outside courtyard, perfect for relaxing or entertaining. Ample designated parking is available for all units, a rare & valuable feature in this prime location. As well as off-street parking. This property presents a lucrative investment opportunity in Boulder's competitive real estate market. The potential rent is much higher than what is currently being collected as units are under rented. Other rents in the area suggest $2,300 and up with an annual yield nearing $110,000. Contact the listing agent to schedule a viewing or for more information!

Location

State CO

County Boulder

Zoning Res

Rooms

Basement None

Interior

Interior Features Eat-in Kitchen, Open Floorplan

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplace Y

Appliance Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Fence Fenced

Utilities Available Electricity Available, Natural Gas Available

Roof Type Membrane,Wood

Total Parking Spaces 4

Building

Lot Description Flood Zone

Water Public

Level or Stories Two

Structure Type Wood Frame

Schools

Elementary Schools Creekside

Middle Schools Manhattan

High Schools Fairview

School District Boulder Valley Re 2

Others

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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REColorado (REColorado MLS)
© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Group Harmony • 9704020188

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Ricardo Novelo

+1(719) 308-4642

Broker | License ID: ER.100083722

Broker License ID: ER.100083722

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3300 Madison AVE