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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!
| DAYS ON MARKET | 45 | LAST UPDATED | 7/25/2024 |
|---|---|---|---|
| TRACT | Westview Gardens | YEAR BUILT | 1966 |
| COMMUNITY | Boulder | COUNTY | Boulder |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| School District | Boulder Valley Dist RE2 |
|---|---|
| Elementary School | Creekside |
| Jr. High School | Manhattan |
| High School | Fairview |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Electric Range/Oven, Microwave, Refrigerator, Washer |
| AREA | Boulder |
| BASEMENT | None, Yes |
| CONSTRUCTION | Wood/Frame |
| FIREPLACE | Yes |
| HEAT | Forced Air |
| INTERIOR | Eat-in Kitchen, Open Floorplan |
| LOT | 6534 sq ft |
| LOT DESCRIPTION | Irrigation Well Excluded, Sidewalks, Water Rights Excluded |
| PARKING | Parking Per Unit(1 Space/Unit) |
| STORIES | 2 |
| SUBDIVISION | Westview Gardens |
| TAXES | 10360 |
| UTILITIES | Natural Gas Available, Electricity Available |
| WATER | City Water, City of Boulder |
| ZONING | Res |
| SATELLITE VIEW |
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This IDX solution is (c) Diverse Solutions 2024.
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