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903 18th St , #103

Boulder, CO 80302
  • $875,000
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: 949847
UPDATED: 200 min ago
$875,000
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,333
    SQFT
  • $656
    $/SQFT
Type:
Multi-Family
Built:
1987
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

A rare gem of an investment property located in the heart of the University Hill neighborhood in Boulder, Colorado! This student rental property maintains 100% occupancy year round and the price per room is estimated to increase by $200 per room in 2022! Currently, there is a one year lease in place.The layout of this unit is unique; as it is essentially a four bedroom, four bathroom apartment contained in one 1,333 square foot unit. This unit also consists of a common living room and a full kitchen. There is a small laundry room within the unit, and the unit includes one underground assigned parking space and one surface parking space. There is even a large, 341 square foot, wrap-around private patio and a small 6'x6' storage unit.Just minutes away from the University of Colorado Boulder Campus and The Hill.

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© 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2021-10-22T23:41:20.753.
www.searsrealestate.com/homes/120941919
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903 18th St , #103 Boulder, CO 80302

  • Price: $875,000
  • Status: Active
  • Updated: 200 min ago
  • MLS #: 949847
0
Beds
0
Baths
0
½ Baths
0.4
Acres
1,333
SQFT
$656
$/SQFT
1987
Built
Neighborhood:
Eighteenth St On The Hill Condos Bo
County:
Boulder
Area:
01 Boulder City Limits
Elementary School:
Flatirons
Middle School:
Manhattan
High School:
Boulder
School District:
Boulder Valley Dist Re2
Property Description
A rare gem of an investment property located in the heart of the University Hill neighborhood in Boulder, Colorado! This student rental property maintains 100% occupancy year round and the price per room is estimated to increase by $200 per room in 2022! Currently, there is a one year lease in place.The layout of this unit is unique; as it is essentially a four bedroom, four bathroom apartment contained in one 1,333 square foot unit. This unit also consists of a common living room and a full kitchen. There is a small laundry room within the unit, and the unit includes one underground assigned parking space and one surface parking space. There is even a large, 341 square foot, wrap-around private patio and a small 6'x6' storage unit.Just minutes away from the University of Colorado Boulder Campus and The Hill.
Exterior Features

Architectural Style Ranch Construction Materials Wood/Frame Exterior Features Lighting Horse YN No Lot Features CurbsGuttersSidewalksFire Hydrant Within 500 FeetCorner Lot Other Parking Parking Per Unit(2 Spaces/Unit) Parking Features Alley Access Patio And Porch Features PatioDeck Property Attached YN No Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Rubber Spa YN No Waterfront YN No

Interior Features

Appliances Electric Range/OvenRefrigeratorWasherDryerMicrowave Basement None Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes Interior Features Eat-In KitchenOpen FloorplanShared Kitchen Laundry Features Washer/Dryer Hookups Living Area Source Assessor Window Features Window Coverings

Property Features

Association Fee 785.64 Association Fee Frequency Monthly Association Fee Includes Common AmenitiesTrashSnow RemovalMaintenance GroundsUtilitiesMaintenance Structure Association YN Yes Cap Rate 4.37 Electric Electric Exclusions All Seller's And Tenant's Personal Property Gas Natural Gas Gross Income 52800 Has Association Fee Yes Has Association2 Fee No Has Hoa Covenants Yes Has Hoa2 No Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Boulder Net Operating Income 38255 New Construction YN No Operating Expense 14545 Property Condition Not NewPreviously Owned Senior Community YN No Sewer City Sewer Tax Annual Amount 3750 Tax Year 2020 Tenant Pays DepositGasElectricity Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity Zoning Rhd 5

Listing information © 2021 Information and Real Estate Services
Listing provided courtesy of Keith Kanemoto of Re/Max Traditions Commercial.



© 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2021-10-22T23:41:20.753.
 
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