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$790,000

1200 College Ave #118, Boulder, CO 80302  (Sold on )

  • Price Reduced
  • Open House
  • New Listing
  • Coming Soon
  • 3 BedBeds
  • 2 BathBaths
  • 992 SqftSqft
  • TypeSingle Family
  • Active
  • MLS# 1054785
0 More Schedule

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.

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Property Details

General

  • Subdivision: College Twnhs Condos
  • County: Boulder
  • List Date: 03/26/2026
  • Expected Active Date: 03/26/2026
  • DOM: 35
  • Beds: 3
  • Baths: 2.00
  • Full Baths: 1
  • Half Baths: 1
  • Basement/Foundation: Full
  • Year Built: 1968
  • New construction: NO
  • Sq Ft (total): 992
  • Garage Description: None
  • MLS#: 1054785

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

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: City
 

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