3300 Madison Avenue, Boulder, CO 80303

$1,900,000

Courtesy of Group Harmony . 9704020188

List Price
$1,900,000
Type
Multifamily
Status
ACTIVE
MLS Number
IR1015160
Total Sqft
4160
Subdivision
Westview Gardens
Sub-Area
Westview Gardens
Year Built
1966

Property Description

Welcome to 3300 Madison Avenue, a fantastic investment opportunity in the heart of Boulder! This well-maintained 4-plex offers an unbeatable location just steps away from the University & less than 10 minutes from downtown Boulder, making it highly desirable for students & professionals alike. There is also a community pool & bike underpass nearby, as well as close proximity to the 29th Street Mall. Each unit boasts 2 spacious bedrooms & 1 modern bathroom, providing comfortable living spaces for tenants. Three of the units have been completely updated with contemporary finishes & fixtures, while the fourth unit has been partially updated, offering room for customization. Every unit includes its own laundry facilities, ensuring convenience for all residents & features a private outside courtyard, perfect for relaxing or entertaining. Ample designated parking is available for all units, a rare & valuable feature in this prime location. As well as off-street parking. This property presents a lucrative investment opportunity in Boulder's competitive real estate market. The potential rent is much higher than what is currently being collected as units are under rented. Other rents in the area suggest $2,300 and up with an annual yield nearing $110,000. Contact the listing agent to schedule a viewing or for more information!

Additional Information

School District
Boulder Valley RE 2
Elementary School
Creekside
Middle School
Manhattan
High School
Fairview
Basement
None
Lot Size
6,640
Acres
0.15
Taxes
$10,360
Tax Year
2023

Mortgage Calculator

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Calculator source: Real Geeks


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