Description
A rare chance to own a versatile income property in one of Boulder's most sought-after locations. This 6-unit building offers incredible flexibility for investors and developers, with multiple pathways to create immediate and long-term value. As it stands, the property provides stable income with rental numbers reflecting current rates and projected income is based on neighboring comparables. With a remodel, the upside is significant-endless potential to elevate rents, modernize units, or condominiumize and re-imagine the entire asset.Looking for an even greater opportunity? This property may also be purchased together with the adjacent lot at 1265-1267 Balsam Ave (see MLS #1022987), opening the door to expanded development options or a larger income-producing footprint.Whether your vision is to rent, renovate, redevelop, or live in, the possibilities are truly limitless. A Boulder investment like this does not come around often-don't miss your chance to own in the center of it all. Listing agent is owner of the property and is a licensed agent in the state of Colorado.
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0BEDS
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0.21ACRES
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0BATHS
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01/2 BATHS
School Information
Description
A rare chance to own a versatile income property in one of Boulder's most sought-after locations. This 6-unit building offers incredible flexibility for investors and developers, with multiple pathways to create immediate and long-term value. As it stands, the property provides stable income with rental numbers reflecting current rates and projected income is based on neighboring comparables. With a remodel, the upside is significant-endless potential to elevate rents, modernize units, or condominiumize and re-imagine the entire asset.Looking for an even greater opportunity? This property may also be purchased together with the adjacent lot at 1265-1267 Balsam Ave (see MLS #1022987), opening the door to expanded development options or a larger income-producing footprint.Whether your vision is to rent, renovate, redevelop, or live in, the possibilities are truly limitless. A Boulder investment like this does not come around often-don't miss your chance to own in the center of it all. Listing agent is owner of the property and is a licensed agent in the state of Colorado.
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