2002 Baseline Road, Boulder, CO 80302

$1,549,000
7
BD
3
BA
2,837
SqFt

Courtesy of Compass - Denver . kathie@kathieball.com,303-956-1856

List Price
$1,549,000
Type
Single Family Residential
Status
ACTIVE UNDER CONTRACT
MLS Number
4376866
Bedrooms
7
Bathrooms
3
Finished Sqft
2,837
Above Grade Sqft
1987
Total Sqft
2837
Subdivision
Interurban Park
Sub-Area
Interurban Park
Year Built
1950

Property Description

Introducing 2002 Baseline - an exceptional income property opportunity ideally situated just one block off campus, offering convenience and comfort for university students. All are leased through July 2024, with most leased through July 2025, providing a stable and lucrative rental income. THE CURRENT CAP RATE IS 5.6%! The seller has made significant investments to enhance the property's appeal, including a forthcoming balcony off the second floor and a new deck complete with a spiral staircase, offering a perfect setting for relaxation and enjoyment, not to mention outstanding views of the Flatirons. Further upgrades include a new 50-gallon water heater, a new refrigerator, a new roof with Class 4 shingles, and new gutters, ensuring modern comfort and efficiency for the tenants and the property. A new egress window was added in the basement bedroom, new insulation in the attic, and some new windows further enhance the property's overall value. This income property presents an incredible opportunity for investors seeking a turnkey investment with a proven track record of rental success. Don't miss out on owning this prime income-generating property that offers current stability and future potential.

Additional Information

Taxes
$6,444
School District
Boulder Valley RE 2
Elementary School
Creekside
Middle School
Manhattan
High School
Boulder
Garage Spaces
2
Parking Spaces
2
Basement
Finished, Walk-Out Access
Basement Finished
Yes
Type
Single Family Residence
Sewer
Public Sewer
Lot Size
6,802
Acres
0.16

Mortgage Calculator

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Calculator source: Real Geeks


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