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!
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
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#: 7129264

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