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Key Details
Sold Price $790,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 992 sqft
Price per Sqft $796
Subdivision University Hills
MLS Listing ID 7129264
Sold Date 11/20/24
Style Contemporary
Bedrooms 3
Full Baths 1
Half Baths 1
Condo Fees $930
HOA Fees $310/qua
HOA Y/N Yes
Abv Grd Liv Area 992
Originating Board recolorado
Year Built 1968
Annual Tax Amount $3,165
Tax Year 2023
Acres 0.96
Property 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
State CO
County Boulder
Zoning RH-2
Rooms
Basement Finished
Main Level Bedrooms 1
Interior
Interior Features Ceiling Fan(s), Entrance Foyer, Granite Counters, Kitchen Island, Open Floorplan
Heating Baseboard
Cooling None
Flooring Vinyl
Fireplace Y
Appliance Dishwasher, Disposal, Microwave, Range, Refrigerator
Laundry Common Area
Exterior
Exterior Feature Balcony
Garage Asphalt
Fence None
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected
Roof Type Unknown
Total Parking Spaces 1
Garage No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick,Frame
Schools
Elementary Schools Flatirons
Middle Schools Manhattan
High Schools Boulder
School District Boulder Valley Re 2
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, Jumbo
Listing Terms 1031 Exchange, Cash, Conventional, Jumbo
Special Listing Condition None
Pets Description No
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Compass Colorado, LLC - Boulder
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