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Key Details
Sold Price $485,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 660 sqft
Price per Sqft $734
Subdivision University Terrace Condos
MLS Listing ID 7108303
Sold Date 09/26/22
Bedrooms 2
Full Baths 1
Condo Fees $298
HOA Fees $298/mo
HOA Y/N Yes
Abv Grd Liv Area 660
Originating Board recolorado
Year Built 1989
Annual Tax Amount $2,639
Tax Year 2021
Property Description
INVESTOR'S DREAM - With an almost 5% cap rate, this gem right across from the CU campus is a fantastic investment property! Always rents in a flash as tenants can walk to campus, have a 1 car underground reserved parking, and a layout that allows for privacy. There's an additional 70 SF (not included in the 660 SF total) in a bonus loft space in the main level bedroom, perfect for a study space or a guest. Plus a spacious 110 SF balcony for residents to hang out on for coffee & relaxation. Unique 2nd floor, 2-level condo offers wood floors in living room & bedrooms, ceramic tile floors in kitchen & bathroom, soaring cathedral ceilings, granite counters in the kitchen, and in-unit washer & dryer. This condo has been well taken care of, and was freshly painted inside in 2021. University Terrace exterior is being painted August '22, and the special assessment has been paid-in-full by the current owner. This is a security building, and also has secure underground parking garage. Easy walk to The Hill for fun eateries and shops, RTD, or head up to Chautauqua for some awesome hiking!
Location
State CO
County Boulder
Zoning RES
Rooms
Main Level Bedrooms 1
Interior
Interior Features Vaulted Ceiling(s)
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Wood
Fireplace N
Appliance Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Laundry In Unit
Exterior
Exterior Feature Balcony
Parking Features Underground
Garage Spaces 1.0
Utilities Available Electricity Available, Natural Gas Available
Roof Type Composition
Total Parking Spaces 1
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Stucco
Schools
Elementary Schools Flatirons
Middle Schools Manhattan
High Schools Boulder
School District Boulder Valley Re 2
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with RE/MAX of Boulder
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