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(720) 643-4411
Real Estate Company
1200 College Ave Unit 118, Boulder, CO 80302
- $725,000
- 3
- BD
- 2
- BA
- 992
- SqFt
Courtesy of Four Star Rlty & Prop Mgmt . 3034490064
- List Price
- $725,000
- Status
- ACTIVE
- Days on Market
- 48
- Price Change
- ▼ $65,000 1793418183
- MLS#
- IR1068867
- Subtype
- Residential
- Year Built
- 1968
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 1
- Half Baths
- 1
- Living Area
- 992
- Lot Size
- 43,814
- Acres
- 1.01
- Subdivision
- College Twnhs Condos
Property Description
Positioned in a prime Hill location, this townhouse-style condo in the desirable College Townhomes complex represents a premier investment opportunity in Boulder's most competitive student rental market. This turnkey property delivers immediate financial security, currently pre-leased through August 2, 2027, at an all in rate of $5,299 monthly, yielding an impressive 5.6% Cap Rate. The sophisticated layout optimizes rental appeal, featuring a main-level primary bedroom with direct access to a private balcony, a well-appointed kitchen with a functional bar-top, a comfortable living area, and a convenient guest half-bath. The kitchen and bathrooms were renovated in August 2026, adding move-in-ready appeal and long-term value for tenants and owners alike. The lower level offers two additional garden-level bedrooms joined by an adjoining bathroom, providing an ideal configuration for student residents. Beyond the unit, owners and tenants benefit from one assigned off-street parking space, on-site laundry facilities, and inviting community common areas including a sun deck and picnic tables designed for the Boulder lifestyle. With long-term income stability already locked in for over a year, this is a rare chance to acquire a great asset on The Hill. Please view the available virtual tour to fully experience the layout and setting of this compelling investment opportunity!
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Additional Information
- Exterior Features
- Balcony
- Taxes
- $3,877
- HOA Fee
- $400
- Zoning
- RH-5
- Appliances
- Dishwasher, Oven, Refrigerator
- Heating
- Baseboard, Hot Water
- Levels
- Two, Two
- Roof
- Membrane, Metal
- School District
- Boulder Valley RE 2
- Elementary School
- Flatirons
- Middle School
- Manhattan
- High School
- Boulder
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