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John Karl Real Estate
1200 College Ave Unit 213, Boulder, CO 80302
- $785,000
- 3
- BD
- 3
- BA
- 992
- SqFt
Courtesy of Four Star Rlty & Prop Mgmt . 3034490064
- List Price
- $785,000
- Type
- Condo
- Status
- ACTIVE
- MLS Number
- IR1069764
- Bedrooms
- 3
- Bathrooms
- 3
- Finished Sqft
- 992
- Subdivision
- College Twnhs Condos
- Year Built
- 1968
Property Description
Located in a prime location on The Hill, this townhouse-style condo in the College Townhomes complex is a strong investment opportunity in one of Boulder's most competitive student rental markets. The property is turnkey and leased through August 2, 2027, at an all-in rate of $4,809.50 per month, for an estimated 5.1% cap rate. The layout is built for rental appeal. The main level features a bedroom with direct access to a private balcony, a well-appointed kitchen with a bar-top counter, a comfortable living area, and a half bath. Upstairs, you'll find two additional bedrooms and the full bathroom. Residents also enjoy one assigned off-street parking space, on-site laundry, and community spaces including a sun deck and picnic area. With income already secured through the 2026-27 lease term, this is a rare chance to add a proven asset on The Hill to your portfolio. Explore the virtual tour to see the space. The seller also owns Unit 118 in the same building, offering the opportunity to acquire multiple units together.
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Additional Information
- Taxes
- $3,877
- School District
- Boulder Valley RE 2
- Elementary School
- Flatirons
- Middle School
- Manhattan
- High School
- Boulder
- Basement
- None
- Total HOA Fees
- $400
- HOA Frequency
- Monthly
- Fee Includes
- Reserve Fund, Maintenance Structure, Snow Removal, Trash
- Type
- Condominium
- View
- Mountain(s)
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