CO
Boulder
Boulder
80303
805 29th Street 452
805 29th Street 452, Boulder, CO 80303
Share Listing
Listing Type
Condo/Townhome
Listing Status
Active
19
$449,000

Home Details for 805 29th Street 452

Price
$449,000
Type
Residential
Bedrooms
3
Total Bathrooms
1
Full Bathrooms
1
Square feet
1021
Year built
1969
County
Boulder
Total rooms
7
Basement
None
Days on site
84
MLS Listing#
IR1059049
Hoa
532
Property Description

Generous Owner Financing: 10% down payment, 5% Interest, 30 Year Amortization, 3 year maturity. NOTE: Investor concentration is no longer a factor in determining Warrantability of a complex. Conforming loan options should be available. Exceptional investment opportunity steps from the University of Colorado Boulder. This updated 3 BR, 1 Ba condo in Spanish Towers offers strong cash flow, a prime campus location, and low-maintenance ownership wi Elevator Access. With current rental income of $3,750/month, HOA dues of $532/month, Property Taxes of $2,532/year, condo insurance of approximately $720/year, and a 7% management fee, the property delivers an estimated CAP RATE of approximately 7%. Brand New Furnace, Oven and Microwave & newer Refrigerator & Dish Washer insure a Trouble-Free investment. Ideally located within walking and biking distance to University of Colorado Boulder, the condo is especially attractive to students attending the Law School, Leeds School of Business, Engineering Center, and those wanting quick access to Folsom Field. The interior features durable Luxury Vinyl Flooring throughout, a cozy wood-burning fireplace, and an efficient layout designed for comfortable shared living & strong rental performance. 3 well-sized bedrooms maximize flexibility for tenants or owner-occupants alike. Residents of Spanish Towers enjoy secure building access along with desirable amenities including a Pool (currently undergoing renovation anticipated reopening Sept 1), Fitness Center, a Laundry Facility in each Tower and a meeting room. The unit is currently leased at $3,750/month through 7/31/2026, providing immediate income & minimizing vacancy risk. Surrounded by restaurants, coffee shops, grocery stores, campus amenities, this property is an outstanding option for investors, parents purchasing for students, or buyers seeking convenient Boulder living. Unit 201 is also FOR SALE at $450,000 & is currently leased for $3,750/month until 7/31/2026. No pets allowed

Property Features
  • Utilities
    • Electricity Available
    • Natural Gas Available
  • Heating Information
    • Forced Air
  • Water Features
    • Public
  • Basement
    • None
  • Fire Place
    • Living Room
School Information
School Information for 805 29th Street 452, Boulder, CO 80303
Elementary School
Creekside
Middle School
Manhattan
High School
Boulder
Listing Courtesy: Modern Prestige Real Estate - 303-667-8738
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EXIT MOSAIC REALTY
7173 S. Havana St., #A-600, Centennial, CO 80112
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