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$725,000

1200 College Ave #213, Boulder, CO 80302  (Sold on )

  • Price Reduced$60,000
  • Open House
  • New Listing
  • Coming Soon
  • 3 BedBeds
  • 2 BathBaths
  • 992 SqftSqft
  • TypeCondo/townhome
  • Active
  • MLS# 1069764
0 More Schedule

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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Property Details

General

  • Subdivision: College Twnhs Condos
  • County: Boulder
  • List Date: 10/01/2026
  • Expected Active Date: 10/01/2026
  • DOM: 30
  • Lot SqFt: 43814
  • Approx Acres: 1
  • Beds: 3
  • Baths: 2.00
  • Full Baths: 1
  • Half Baths: 1
  • Basement/Foundation: None
  • Year Built: 1968
  • New construction: NO
  • Sq Ft (total): 992
  • Garage Description: None
  • MLS#: 1069764

Interior Features

  • Heating: Hot Water, Baseboard
  • Pets: Breed Restrictions

Exterior Features

  • Construction: Brick
  • Roof: Metal, Rubber
  • Type: Condominium
  • Outdoor Features: Balcony
  • Road Access: City Street
  • Waterfront: NO
  • Views: Hills

Schools

  • School District: Boulder Valley Dist RE2
  • Elementry: Flatirons
  • Middle/Jr: Manhattan
  • High School: Boulder

Financial Considerations

  • Tax Year: 2025
  • Tax Amount: $3877

Utilities

  • Utilities: Natural Gas Available, Electricity Available
  • Water: Public
 

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