3300 Madison Ave Active

Boulder,CO 80303

$ 1900000

8 Beds

4 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Subdivision Westview Gardens

MLS Listing ID 1015160

Bedrooms 8

HOA Y/N false

Originating Board IRES MLS

Year Built 1966

Annual Tax Amount $10,360

Lot Size 6,534 Sqft

Acres 0.15

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!

Location

State CO

County Boulder

Area Boulder

Zoning Res

Rooms

Other Rooms Storage

Basement None

Interior

Interior Features Eat-in Kitchen,Open Floorplan

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplaces Type None

Fireplace false

Window Features Window Coverings

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

Laundry Washer/Dryer Hookups

Exterior

Fence Fenced,Wood

Utilities Available Natural Gas Available,Electricity Available

Waterfront false

Roof Type Wood,Rubber

Street Surface Paved,Asphalt

Porch Patio

Building

Lot Description Sidewalks,Water Rights Excluded,Irrigation Well Excluded

Story 2

Water City Water,City of Boulder

Level or Stories Two

Structure Type Wood/Frame

New Construction false

Schools

Elementary Schools Creekside

Middle Schools Manhattan

High Schools Fairview

School District Boulder Valley Dist Re2

Others

Senior Community false

Tax ID R0011142

SqFt Source Other

Special Listing Condition Private Owner

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