Description: INVESTOR'S DREAM - With an almost 5% cap rate, this gem right across from the CU campus is a fantastic investment property! Always rents in a flash as tenants can walk to campus, have a 1 car underground reserved parking, and a layout that allows for privacy. There's an additional 70 SF (not included in the 660 SF total) in a bonus loft space in the main level bedroom, perfect for a study space or a guest. Plus a spacious 110 SF balcony for residents to hang out on for coffee & relaxation. Unique 2nd floor, 2-level condo offers wood floors in living room & bedrooms, ceramic tile floors in kitchen & bathroom, soaring cathedral ceilings, granite counters in the kitchen, and in-unit washer & dryer. This condo has been well taken care of, and was freshly painted inside in 2021. University Terrace exterior is being painted August '22, and the special assessment has been paid-in-full by the current owner. This is a security building, and also has secure underground parking garage. Easy walk to The Hill for fun eateries and shops, RTD, or head up to Chautauqua for some awesome hiking!
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2201 pearl street boulder 80302 Status:Active
$489,000.00
Beds: 1 Baths: 1
MLS #:4567891005879
Listing Office: open real estate
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