$745,000
$745,000
For more information regarding the value of a property, please contact us for a free consultation.
7,405 Sqft Lot
SOLD DATE : 11/22/2021
Key Details
Sold Price $745,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Majestic Heights
MLS Listing ID IR949132
Sold Date 11/22/21
HOA Y/N No
Originating Board recolorado
Year Built 1961
Annual Tax Amount $3,675
Tax Year 2020
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
Zoning RES
Rooms
Basement Full
Interior
Heating Forced Air
Fireplace N
Appliance Oven
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Mountain(s)
Roof Type Composition
Total Parking Spaces 1
Building
Story Two
Water Public
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Creekside
Middle Schools Manhattan
High Schools Fairview
School District Boulder Valley Re 2
Others
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with RE/MAX of Boulder, Inc
Making real estate fun, simple and stress-free!