2221 Columbine Avenue, Boulder, CO 80302
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2221 Columbine Avenue,Boulder, CO 80302
$1,525,000
- 5 Beds
- 2 Baths
- 1,593 sq. ft.
- Single family
- Active
Listed by: michael rothschild7203264646
Office: live west realty
MLS#:IR1051609
Source:ML
Price summary
- Price:$1,525,000
- Price per sq. ft.:$957.31
About this home
Fully remodeled in 2025, this modern 5 bedrooms-2 bath house has an excellent location, only 2 blocks to CU campus, the Hill, and just minutes to vibrant Pearl St. With parking for 4 vehicles - a rare and highly valuable feature in this area - this is an excellent investment, boasting a 5.5% Cap Rate. For parents, this is a powerful financial move. Instead of writing rent checks for 4 years and walking away with nothing, you can own the property, build equity, benefit from appreciation, and potentially offset expenses with rental income from roommates. Currently rented at $8,750/month through July 31, 2026, the property generates strong income now, giving you time to plan ahead. The layout balances private bedrooms with inviting shared spaces. The open-concept kitchen and living area with vaulted ceilings and brand-new appliances creates an ideal environment for both studying and socializing. A detached den/playroom adds flexible space for entertainment, group projects, or quiet focus (foosball table and fridge included). Every major component was fully updated in 2025 - flooring, drywall, insulation, interior and exterior paint, lighting, electrical, plumbing, bathrooms, and kitchen - all permitted with the City of Boulder. New washer and dryer included. Sprinkler system in place for easy landscape maintenance. This place needs nothing. Parking is a major advantage: large 1-car detached garage, 3 designated off-street spaces, plus typically available on-street parking - a true differentiator for student households. For investors, the excellent location plus the numbers work: strong cash flow, tenants pay all utilities and trash, plus low-maintenance improvements throughout. Whether you're planning strategically for your student's college years or securing a proven income-producing asset in a premier location, this property offers immediate income and long-term wealth-building potential. Schedule your private showing today. Call me with any questions.
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Home facts
- Year built:1922
- Listing ID #:IR1051609
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Living area:1,593 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Baseboard, Hot Water, Oil, Radiant
Structure and exterior
- Roof:Composition
- Year built:1922
- Building area:1,593 sq. ft.
- Lot area:0.16 Acres
Schools
- High school:Boulder
- Middle school:Manhattan
- Elementary school:University Hill
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,525,000
- Price per sq. ft.:$957.31
- Tax amount:$7,344 (2025)
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