3300 Madison AVE Active Save Request In-Person Tour Request Virtual Tour
Boulder,CO 80303
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Subdivision Westview Gardens
MLS Listing ID IR1015160
HOA Y/N No
Originating Board recolorado
Year Built 1966
Annual Tax Amount $10,360
Tax Year 2023
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Welcome to 3300 Madison Avenue, a fantastic investment opportunity in the heart of Boulder! This well-maintained 4-plex offers an unbeatable location just steps away from the University & less than 10 minutes from downtown Boulder, making it highly desirable for students & professionals alike. There is also a community pool & bike underpass nearby, as well as close proximity to the 29th Street Mall. Each unit boasts 2 spacious bedrooms & 1 modern bathroom, providing comfortable living spaces for tenants. Three of the units have been completely updated with contemporary finishes & fixtures, while the fourth unit has been partially updated, offering room for customization. Every unit includes its own laundry facilities, ensuring convenience for all residents & features a private outside courtyard, perfect for relaxing or entertaining. Ample designated parking is available for all units, a rare & valuable feature in this prime location. As well as off-street parking. This property presents a lucrative investment opportunity in Boulder's competitive real estate market. The potential rent is much higher than what is currently being collected as units are under rented. Other rents in the area suggest $2,300 and up with an annual yield nearing $110,000. Check out this great investment opportunity.
Location
State CO
County Boulder
Zoning Res
Rooms
Basement None
Interior
Interior Features Eat-in Kitchen,Open Floorplan
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace Y
Appliance Dishwasher,Dryer,Microwave,Oven,Refrigerator,Washer
Laundry In Unit
Exterior
Fence Fenced
Utilities Available Electricity Available,Natural Gas Available
Roof Type Membrane,Wood
Total Parking Spaces 4
Building
Lot Description Flood Zone
Water Public
Level or Stories Two
Structure Type Wood Frame
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