1200 College Ave Unit 213, Boulder, CO 80302

$785,000
3
BD
2
BA
992
SqFt

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List Price
$785,000
Status
ACTIVE
MLS#
1069764
Year Built
1968
Bedrooms
3
Bathrooms
2
Living Area
992
Unit
213
Region
Boulder
Subdivision
College Twnhs Condos

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.

Additional Information

Taxes
$3,877
School District
Boulder Valley Dist RE2
Elementary School
Flatirons
Middle School
Manhattan
High School
Boulder
Heating
Hot Water, Baseboard
Utilities
Natural Gas Available, Electricity Available
Zoning
RH-5

Listing courtesy of P Caldwell Sullivan.

3034490064

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