$849,900
For Sale

1065 University Avenue #123

Boulder, CO 80302
992 sqft | 3 beds | 1.5 baths | 0.96 acres | #7129264
Listing OfficePear Tree Property Management
Browse 14 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

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!

  • Interior Details
      • InteriorOpen Floorplan, Kitchen Island
    • Beds & Baths
      • Bathrooms1.5
      • Bedrooms3
      • Full Baths1
      • Half Baths1
  • Property Details
      • Exterior MaterialsBalcony
    • Measurements
      • Acres0.96
      • Square Feet992
    • Parking
      • Parking Spaces1
  • Construction Details
      • BasementPartially Finished
      • Property TypePurchase
    • Condition
      • Year Built1968
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available, Cable Available
      • Sewer InformationCity Sewer, Public Sewer
      • Utility SourceCity Water
  • Community and Neighborhood Details
      • SubdivisionUniversity Hills
    • Location
      • Elementary SchoolFlatirons
      • Middle SchoolManhattan
      • High SchoolBoulder
      • CountyBoulder
  • Financial Details
      • Hoa Fees930
  • Other
      • MLS #7129264

Location

CHERRY POINT PROPERTIESReal Estate Professional – Serving the Denver area for the Past 25 years
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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