$745,000
$745,000
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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
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