1850 Folsom Street Unit 412
Boulder, CO 80302
Map
- 1 bed
- 1 bath
- 682 sqft
- ~3 acre lot
- $438 per sqft
- 1971 build
- – on site
Investor Opportunity: Studio Condo with Long-Term Tenant in Prime Boulder LocationLocated in the heart of Boulder and adjacent to a peaceful, tree-lined creek, this spacious studio unit presents a rare opportunity for investors seeking steady rental income in a high-demand market. Unit #412 at 1850 Folsom St is currently occupied by a reliable, long-term tenant who wishes to remain in residence, offering immediate cash flow with no vacancy period.This generously sized studio features an open layout with large windows that flood the unit with natural light and offer serene views of the surrounding landscape. The functional kitchen includes ample cabinet space and full-size appliances. A dedicated vanity area connects to the bathroom and provides additional storage. The unit also includes one deeded, covered parking space-an added bonus in this central location. Residents enjoy an array of amenities that enhance rental appeal: a year-round indoor pool and hot tub, fitness center, community game rooms, on-site laundry, secure entry, and beautifully maintained community gardens. The property backs to a charming creek and is surrounded by mature trees, providing a quiet, natural setting in the heart of the city. Just minutes from Pearl Street, CU Boulder, and public transportation, this location offers unbeatable walkability and access to everything Boulder has to offer. Low-maintenance and amenity-rich, this is a strong investment in one of Colorado's most resilient rental markets.
Last checked:
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Last updated Jul 18, 2025
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MLS# IR1039499 —
The Building
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Year Built:1971
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Construction Materials:Frame
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Building Area Total:682
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Building Area Source:Assessor
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Structure Type:Townhouse
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Roof:Membrane
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Levels:One
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Basement:false
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Architectural Style:Contemporary
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Unit Number:412
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Above Grade Finished Area:682
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Property Attached:true
Room Dimensions
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Living Area:682
Financial & Terms
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Ownership:Individual
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Possession:Closing/DOD
Location
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Latitude:40.01921
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Longitude:-105.26235
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Parcel Number:R0076395
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Zoning:RES
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Lot Size Acres:2.7
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Lot Size SqFt:117,443 Sqft
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Exclusions:Tenants personal property and staging items
Listing Agent
- Contact info:
- Agent phone:
- (303) 882-8672
- Office phone:
- (720) 577-5503
Taxes
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Tax Year:2024
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Tax Annual Amount:$1,613
Beds
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Bedrooms Total:1
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Main Level Bedrooms:1
Baths
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Total Baths:1
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Full Baths:1
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Main Level Baths:1
Heating & Cooling
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HVAC Description:Central Air Conditioning
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Heating:Forced Air
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Cooling:Central Air
Utilities
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Utilities:Electricity Available, Natural Gas Available
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Sewer:Public Sewer
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Sewer Tap:No
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Water Source:Public
Appliances
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Appliances:Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Schools
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Elementary School:Whittier E-8
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Elementary School District:Boulder Valley RE 2
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Middle Or Junior School:Casey
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High School:Boulder
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High School District:Boulder Valley RE 2
The Community
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Subdivision Name:Horizon West Condos Amd 2
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Association Amenities:Business Center, Fitness Center, Pool, Spa/Hot Tub
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Association:true
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Association Name:The Horizon West Condominiums
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Association Fee:$1,109.57
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Association Fee Frequency:Monthly
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Association Fee Annual:$13,314.84
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Association Fee Total Annual:$13,314.84
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Association Fee Includes:Reserves, Maintenance Structure, Snow Removal, Trash
Parking
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Parking Total:1
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Reserved Spaces:1
Monthly cost estimate
Asking price
$299,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,601
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| Taxes | $134 |
| Insurance | $139 |
| HOA fees | $1,110 |
| Utilities | $81 See report |
| Total | $3,065/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
