805 29th ST #251 Active

Boulder,CO 80303

$ 379500

2 Beds

1 Bath

864 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 864 sqft

Price per Sqft $439

Subdivision Spanish Towers

MLS Listing ID IR1010004

Bedrooms 2

Full Baths 1

Condo Fees $535

HOA Fees $535/mo

HOA Y/N Yes

Originating Board recolorado

Year Built 1969

Annual Tax Amount $1,969

Tax Year 2023

Property Description

Excellent Investment Opportunity: 2-Bedroom Condo Near CU Boulder - Price Reduced!Don't miss this incredible investment opportunity in the heart of Boulder! Located in Spanish Towers, just east of the University of Colorado Boulder, this bright and spacious 2-bedroom, 1-bathroom condo is ideal for student rentals or anyone seeking a prime location near campus. With a recently reduced price of $379,500 and rental potential of $2,500 per month, it offers excellent cash flow potential and 5% CAP RATE. Situated on the second floor, the condo features a private balcony with east-facing views, filling the space with natural light. The large living room includes a cozy fireplace, and recent upgrades include brand new carpet and fresh paint throughout. The building amenities include a well-equipped workout gym, a pool for relaxing, and a conference room for study or work needs.Just a short walk to CU Boulder, this property is perfect for students or faculty. Enjoy easy access to Boulder's extensive bike paths, as well as countless hiking, biking, climbing, and skiing opportunities. Boulder is also known for its thriving tech scene, with opportunities in bioscience, aerospace, and tech industries, making this a smart long-term investment.Whether you're looking to expand your real estate portfolio or secure a student-friendly property near campus, this condo checks all the boxes!

Location

State CO

County Boulder

Zoning RES

Rooms

Basement None

Main Level Bedrooms 2

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Type Living Room

Fireplace N

Appliance Dishwasher,Microwave,Oven,Refrigerator

Exterior

Utilities Available Electricity Available,Natural Gas Available

View City

Roof Type Other

Building

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block,Stucco

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

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