$745,000
$745,000
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6 Beds
3 Baths
7,405 Sqft Lot
SOLD DATE : 11/22/2021
Key Details
Sold Price $745,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Subdivision Majestic Heights
MLS Listing ID 949132
Sold Date 11/22/21
Bedrooms 6
HOA Y/N false
Originating Board IRES MLS
Year Built 1961
Annual Tax Amount $3,675
Lot Size 7,405 Sqft
Acres 0.17
Property Description
BACK ON MARKET due to no fault of property or Seller, buyer terminated due to loan conditions. Investment property with mountain views and a strong rental history. Smart Regs compliant with a 5.4% simple cap rate and potential for more, rented through July 2022. Located right just off Broadway and bus line, close to campus and shopping center. Three bedrooms upstairs and three non-conforming bedrooms with a kitchenette downstairs make this a popular rental for CU students. New radon mitigation system installed. Ask about the Seller's investor portfolio. Savvy investors know the cash flow and appreciation potential on these student rentals, don't miss out on this opportunity! Motivated Seller.
Location
State CO
County Boulder
Area Boulder
Zoning RES
Rooms
Basement Full
Interior
Heating Forced Air
Appliance Gas Range/Oven
Exterior
Exterior Feature Lighting
Fence Fenced
Utilities Available Natural Gas Available, Electricity Available
View Foothills View
Roof Type Composition
Street Surface Paved
Building
Lot Description Curbs, Gutters, Sidewalks
Story 2
Water City Water, City of Boulder
Level or Stories Two
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Creekside
Middle Schools Manhattan
High Schools Fairview
School District Boulder Valley Dist Re2
Others
Senior Community false
Tax ID R0010577
SqFt Source Assessor
Special Listing Condition Private Owner
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