INVESTOR OPPORTUNITY! Priced to sell at $249,000, this turnkey, fully remodeled 2-bedroom, 1-bath, two-level condo also features a separate nonconforming study/office. Currently occupied by only one tenant and leased at $1,750/month through July 31, 2027, well below the estimated market rent of $2,400/month, offering significant future income potential. Projected market rent supports an estimated 7% pro forma cap rate at the list price. Buyer to verify projected rent and operating expenses.Completely remodeled in 2023 with LVP flooring throughout, fresh paint, updated kitchen cabinets, a granite-topped kitchen island, new appliances, air conditioning and in-unit laundry. The open main-level living area, private balcony, reserved parking space and flexible lower-level layout make this an attractive, low-maintenance rental. Pets are allowed subject to HOA rules. The HOA includes all utilities except electricity. Community amenities include an outdoor pool, clubhouse, fitness room, saunas, grilling area, firepits, fountain, community garden, disc golf and children's play area. Mountain View Memorial Park, public transportation, restaurants, coffee shops, fitness facilities and grocery shopping are nearby. Convenient to CU Boulder, downtown, 29th Street Mall, and hiking and biking paths. Walk Score: 74; Bike Score: 100.
Listing courtesy of Michael Rothschild.
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