Pending

903 18th St 302

Boulder CO, 80302

$1,050,000


$787.70 per sqft

Pending

4 Beds

4 Baths

1,333 sqft

Residential

Built in 1987

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.

1022782

MLS ID

November 26, 2024

Listed

December 15, 2024

Updated

Map

903 18th St 302
Boulder CO, 80302

Interior Features

Total Stories

3


Bedrooms

4


Total Bathrooms

4


Full Bathrooms

4


Appliances

Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Roof

Rubber

School Information

School District

Boulder Valley Dist RE2


High School

Boulder


Elementary School

Flatirons

Other Property Details

Area Name

Boulder


Taxes

$3,810


Tax Frequency

Annually


Days on Market

19


Association Fee

$850


Association Fee Frequency

Monthly


Association Amenities

Common Amenities, Trash, Snow Removal, Maintenance Grounds, Management, Utilities, Maintenance Structure, Water/Sewer, Hazard Insurance


Garage

Yes


Garage Spaces

1


View

Yes


View Description

Foothills View


County

Boulder


Water Source

City Water, City of Boulder


Pool

No


Zoning

RH-5

Listing History

Date

Event

Price

12/15/2024

Pending

Listed by Steve Sims with Gibbons-White, Inc.
Listing Contact: 3034421040 

The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 12/15/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase.  Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. 

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Data last updated on 12/15/2024 at 4:47 AM UTC

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