903 18th St Unit 302, Boulder, CO 80302
- $1,000,000
- 4
- BD
- 4
- BA
- 1,333
- SqFt
- Sold Price
- $1,000,000
- List Price
- $1,050,000
- Closing Date
- Dec 23, 2024
- Type
- Condo
- Property Sub Type
- Condominium
- Status
- CLOSED
- MLS Number
- IR1022782
- Bedrooms
- 4
- Bathrooms
- 4
- Sqft Total
- 1,333
- Year Built
- 1987
Property Description
4 bedroom 4 bathroom unit with a total kitchen, bathroom, lighting and flooring remodel in 2017. Full size washer-dryer, granite countertops, upscale cabinets. This is the only unit in the complex that has central A/C. Each bathroom has a shower with soaking tub. Perfect college student rental less than a block away from the C.U. campus. Never vacant usually rented by word-of-mouth. Students love its proximity to classes and The Hill and enjoy having their own bathrooms. This top floor unit gives the tenants privacy as well as views of the foothills from the private deck. Currently leased to August 2025 at $5,400/month ($1,350/bedroom) making the Cap Rate 4.86% on current income. Rents for next school year expected to go to $1,450/bedroom making the cap rate 5.22% by next fall. The unit includes 3 deeded parking spaces, one in the underground garage.
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Additional Information
- View
- Mountain(s)
- Tax Amount
- $3,810
- Water Source
- Public
- Basement Type
- None
- Heating
- Forced Air
- Cooling
- Central Air
- School District
- Boulder Valley RE 2
- Elementary School
- Flatirons
- Middle Or Junior School
- Manhattan
- High School
- Boulder
- Unit Number
- 302
Mortgage Calculator
Courtesy of Gibbons-White, Inc. . 3034421040
Selling Office: Compass - Denver.