903 18th St 302, Boulder CO, 80302

Active

903 18th St 302

Boulder CO, 80302

$1,050,000

$787.70 per sqft

Active

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 2, 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: 6
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

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 12/2/2024. 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.

Data last updated on 12/2/2024 at 3:39 AM UTC