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Sold for $790,000 on 11/20/24
  • $790,000

    1065 University Avenue Unit 123, Boulder, CO 80302

    3beds
    992sqft
    Condominium
    Built in 1968
    -- sqft lot
    $770,600 Zestimate®
    $796/sqft
    $3,564 Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: November 21, 2024 at 11:26am

    Listed by:

    Maria Wakefield 303-506-9956,

    Pear Tree Property Management

    Bought with:

    Kelly McBartlett, 100042503

    Compass Colorado, LLC - Boulder

    Source: REcolorado,MLS#: 7129264MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Bedroom
    • Level: Main
    Bedroom
    • Level: Basement
    Bedroom
    • Level: Basement
    Bathroom
    • Level: Main
    Bathroom
    • Level: Basement
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Baseboard
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
    • Laundry: Common Area
    Features
    • Ceiling Fan(s), Entrance Foyer, Granite Counters, Kitchen Island, Open Floorplan
    • Flooring: Vinyl
    • Basement: Finished
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 992
    • Total interior livable area: 992 sqft
    • Finished area above ground: 992

    Property

    Parking
    • Total spaces: 1
    • Parking features: Asphalt
    • Details: Reserved Spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Courtyard
    • Exterior features: Balcony
    • Fencing: None
    Lot
    • Size: 0.96 Acres
    Details
    • Parcel number: R0103603
    • Zoning: RH-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick, Frame
    • Foundation: Slab
    • Roof: Unknown
    Condition
    • Updated/Remodeled
    • Year built: 1968

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected
    Green energy
    • Energy efficient items: Appliances, Windows

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Boulder
    • Subdivision: University Hills

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $930 quarterly
    • Amenities included: Laundry, Parking
    • Services included: Reserve Fund, Gas, Heat, Insurance, Irrigation, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water
    • Association name: University Townhouse Condominium Association
    • Association phone: 303-402-6900

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,Jumbo
    • Ownership: Individual
    • Road surface type: Paved
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $770,600
    2% more+ $15,412
    With Zillow Showcase(estimated)
    $786,012