$825,000
Accepting Backup Offers

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:Condo
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
      • InteriorCeiling Fan(s), Entrance Foyer, Granite Counters, Kitchen Island, Open Floorplan
    • Beds & Baths
      • Bathrooms1.5
      • Bedrooms3
      • Full Baths1
      • Half Baths1
  • Property Details
      • Exterior MaterialsBalcony
    • Measurements
      • Acres0.96
      • Square Feet992
  • Construction Details
      • Property TypePurchase
      • BasementFinished
    • Condition
      • Year Built1968
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionUniversity Hills
    • Location
      • School DistrictBoulder Valley RE 2
      • Elementary SchoolFlatirons
      • Middle SchoolManhattan
      • High SchoolBoulder
      • CountyBoulder
  • Financial Details
      • Original List Price$849,900
      • Taxes Annual$3,165
    • HOA
      • Hoa Fees930
      • Hoa1
  • Other
      • MLS #7129264

Location

The Hughes Group | milehimodern - BoulderReal Estate Group
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years

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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annually
$
monthly

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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