805 29th Street #452, Boulder, CO 80303
Local realty services provided by:ERA Shields Real Estate
805 29th Street #452,Boulder, CO 80303
$465,000
- 3 Beds
- 1 Baths
- 1,021 sq. ft.
- Condominium
- Active
Listed by: peyman razifard, sarka kubicova
Office: modern prestige real estate
MLS#:IR1059049
Source:ML
Price summary
- Price:$465,000
- Price per sq. ft.:$455.44
- Monthly HOA dues:$532
About this home
Exceptional investment opportunity just steps from the University of Colorado Boulder. This updated 3 Bedroom, 1 Bath condo in Spanish Towers offers strong cash flow, a prime campus location, and low-maintenance ownership with 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%. The Brand New Furnace, Oven and Microwave and newer Refrigerator and 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 and 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 under repairs), 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 and minimizing vacancy risk. Surrounded by restaurants, coffee shops, grocery stores, and 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 and is currently leased for $3,750/month until 7/31/2026. No pets....
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Home facts
- Year built:1969
- Listing ID #:IR1059049
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Kitchen Description:Dishwasher, Microwave, Oven, Refrigerator
- Basement:Yes
- Living area:1,021 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Metal
- Year built:1969
- Building area:1,021 sq. ft.
- Architectural Style:Spanish
- Construction Materials:Stucco
- Levels:3 or More Stories
Schools
- High school:Boulder
- Middle school:Manhattan
- Elementary school:Creekside
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$465,000
- Price per sq. ft.:$455.44
- Tax amount:$2,523 (2025)
Features and amenities
- Amenities:Smoke Detector(s), Window Coverings
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