943 University AVE Active Save Request In-Person Tour Request Virtual Tour
Boulder,CO 80302
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Grand View Heights
MLS Listing ID IR1025072
HOA Y/N No
Originating Board recolorado
Year Built 1960
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Discover the perfect addition to your investment portfolio with this multi-family property, ideally located near the heart of downtown Boulder and just steps from the University of Colorado (CU). This property is a rare find in one of Boulder's most desirable rental markets, offering consistent income potential, year-over-year rental increases, and a strong appeal to students. Situated within walking distance of CU and downtown Boulder, this property provides tenants with easy access to campus, shopping, dining, and entertainment. This property combines a strategic location with features tailored to student living, at a cap rate of over 5%, making it a compelling choice for investors seeking a reliable income stream in a thriving college town. Professionally managed and financial statements available.
Location
State CO
County Boulder
Zoning Dup/Triple
Rooms
Basement Full
Interior
Interior Features Walk-In Closet(s)
Heating Baseboard
Fireplace Y
Appliance Dishwasher,Dryer,Oven,Refrigerator,Washer
Laundry In Unit
Exterior
Utilities Available Electricity Available,Natural Gas Available
Roof Type Composition
Total Parking Spaces 4
Building
Lot Description Corner Lot
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick,Wood Frame
Schools
Elementary Schools Flatirons
Middle Schools Manhattan
High Schools Boulder
School District Boulder Valley Re 2
Others
Ownership Individual
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional