$1,900,000
For Sale

3300 Madison Avenue

Boulder, CO 80303
4160 sqft | 0.15 acres | #IR1015160
Listing OfficeGroup Harmony
Type:Multi-Family
Structure:4 Family
Zone:Residential

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. Check out this great investment opportunity.

  • Property Details
      • Utility FeaturesElectricity Available, Natural Gas Available
      • InteriorEat-in Kitchen, Open Floorplan
      • School DistrictBoulder Valley RE 2
      • SubdivisionWestview Gardens
      • Property TypeMulti-Family
      • Lot DescriptionFlood Zone
      • Original List Price$1,900,000
      • Elementary SchoolCreekside
      • Middle SchoolManhattan
      • MLS #IR1015160
      • MLS #IR1015160
      • High SchoolFairview
      • Property SubtypeQuadplex
      • CountyBoulder
      • Taxes Annual$10,360
      • Cost1900000
      • Utility SourcePublic
      • Acres0.15
      • Square Feet4160
      • Year Built1966

Location

Northern Colorado Real EstateReal Estate Group
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years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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