1200 College AVE #118, Boulder, CO 80302
1200 College AVE #118, Boulder, CO 80302,Video Tour
1200 College AVE #118, Boulder, CO 80302
16
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$790,000
Est. payment /mo
3 Beds
2 Baths
992 SqFt
Active

1200 College AVE #118 Boulder, CO 80302

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 992 sqft

Price per Sqft $796

Subdivision College Twnhs Condos

MLS Listing ID IR1054785

Bedrooms 3

Full Baths 1

Half Baths 1

Condo Fees $400

HOA Fees $400/mo

HOA Y/N Yes

Abv Grd Liv Area 992

Year Built 1968

Annual Tax Amount $3,877

Tax Year 2025

Property Sub-Type Condominium

Source recolorado

Property Description

Positioned in a prime Hill location, this townhouse-style condo in the desirable College Townhomes complex represents a premier investment opportunity in Boulder's most competitive student rental market. This turnkey property delivers immediate financial security, currently pre-leased through August 2, 2027, at an all in rate of $5,299 monthly, yielding an impressive 5.6% Cap Rate. The sophisticated layout optimizes rental appeal, featuring a main-level primary bedroom with direct access to a private balcony, a well-appointed kitchen with a functional bar-top, a comfortable living area, and a convenient guest half-bath. The lower level offers two additional garden-level bedrooms joined by a adjoining bathroom, providing an ideal configuration for student residents. Beyond the unit, owners and tenants benefit from one assigned off-street parking space, on-site laundry facilities, and inviting community common areas including a sun deck and picnic tables designed for the Boulder lifestyle. With long-term income stability already locked in for over a year, this is a rare chance to acquire a great asset on The Hill. Please view the available virtual tour to fully experience the layout and setting of this compelling investment opportunity.

Location

State CO

County Boulder

Zoning RH-5

Rooms

Basement Full

Main Level Bedrooms 1

Interior

Interior Features Eat-in Kitchen

Heating Baseboard, Hot Water

Fireplace N

Appliance Dishwasher, Oven, Refrigerator

Exterior

Exterior Feature Balcony

Utilities Available Electricity Available, Natural Gas Available

Roof Type Membrane,Metal

Building

Lot Description Corner Lot

Water Public

Level or Stories Two, Bi-Level

Structure Type Brick

Schools

Elementary Schools Flatirons

Middle Schools Manhattan

High Schools Boulder

School District Boulder Valley Re 2

Others

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://my.matterport.com/show/?m=Df1p2m6e2A8


REColorado (REColorado MLS)
Listed by Four Star Rlty & Prop Mgmt

NEARBY SCHOOL & BUSINESS

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Steve Prewitt - Lofts

Steve Prewitt - Lofts

EA40046227

+1(720) 549-9700

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1200 College AVE #118