1200 College Avenue #118, Boulder, CO 80302
Local realty services provided by:ERA Teamwork Realty
1200 College Avenue #118,Boulder, CO 80302
$790,000
- 3 Beds
- 2 Baths
- 992 sq. ft.
- Condominium
- Active
Listed by: p caldwell sullivan3034490064
Office: four star rlty & prop mgmt
MLS#:IR1054785
Source:ML
Price summary
- Price:$790,000
- Price per sq. ft.:$796.37
- Monthly HOA dues:$400
About this home
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 Jack-and-Jill 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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Home facts
- Year built:1968
- Listing ID #:IR1054785
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Kitchen Description:Dishwasher, Eat-in Kitchen, Oven, Refrigerator
- Basement:Yes
- Basement Description:Full
- Living area:992 sq. ft.
Heating and cooling
- Heating:Baseboard, Hot Water
Structure and exterior
- Roof:Membrane, Metal
- Year built:1968
- Building area:992 sq. ft.
- Lot Features:Corner
- Construction Materials:Brick
- Exterior Features:Balcony
- Levels:2 Story, Bi-Level
Schools
- High school:Boulder
- Middle school:Manhattan
- Elementary school:Flatirons
Utilities
- Water:Public
Finances and disclosures
- Price:$790,000
- Price per sq. ft.:$796.37
- Tax amount:$3,877 (2025)
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