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Boulder,CO 80302
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,333 sqft
Price per Sqft $787
Subdivision Eighteenth Street On The Hill Condos
MLS Listing ID IR1022782
Bedrooms 4
Full Baths 4
Condo Fees $850
HOA Fees $850/mo
HOA Y/N Yes
Abv Grd Liv Area 1,333
Originating Board recolorado
Year Built 1987
Annual Tax Amount $3,810
Tax Year 2024
Property Description
Perfect college student rental less than a block away from the C.U. campus. This 4 bedroom, 4 bath unit is never vacant since the students love its proximity to classes and The Hill and enjoy having their own bathrooms. This top floor unit gives the tenants privacy as well as views of the foothills from the private deck. Currently leased to August 2025 at $5,400/month ($1,350/bedroom) making the Cap Rate 4.86% on current income. Rents for next school year expected to go to $1,450/bedroom making the cap rate 5.22% by next fall. The Unit comes with 1 reserved parking space in the garage and 2 reserved surface parking spaces.
Location
State CO
County Boulder
Zoning RH-5
Rooms
Basement None
Main Level Bedrooms 4
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Appliance Dishwasher,Dryer,Microwave,Oven,Refrigerator,Washer
Exterior
Parking Features Underground
Utilities Available Electricity Available,Natural Gas Available
View Mountain(s)
Roof Type Membrane
Total Parking Spaces 1
Building
Water Public
Level or Stories Three Or More
Schools
Elementary Schools Flatirons
Middle Schools Manhattan
High Schools Boulder
School District Boulder Valley Re 2
Others
Ownership Individual
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional