2002 Baseline Road
Boulder, CO 80302
- 7 beds
- 3 baths
- 2,837 sqft
- 6,802 sqft lot
- $545 per sqft
- 1950 build
- – on site
Introducing 2002 Baseline - an exceptional income property opportunity ideally situated just one block off campus, offering convenience and comfort for university students. All are leased through July 2024, with most leased through July 2025, providing a stable and lucrative rental income. THE CURRENT CAP RATE IS 5.6%! The seller has made significant investments to enhance the property's appeal, including a forthcoming balcony off the second floor and a new deck complete with a spiral staircase, offering a perfect setting for relaxation and enjoyment, not to mention outstanding views of the Flatirons. Further upgrades include a new 50-gallon water heater, a new refrigerator, a new roof with Class 4 shingles, and new gutters, ensuring modern comfort and efficiency for the tenants and the property. A new egress window was added in the basement bedroom, new insulation in the attic, and some new windows further enhance the property's overall value. This income property presents an incredible opportunity for investors seeking a turnkey investment with a proven track record of rental success. Don't miss out on owning this prime income-generating property that offers current stability and future potential.
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Last updated Apr 13, 2024
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MLS# 4376866 —
This home is listed in more than one place. See it here.
Monthly cost estimate
Asking price
$1,549,000
| 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. |
$8,294
|
| Taxes | $537 |
| Insurance | $425 |
| Utilities | N/A |
| Total | $9,256/mo.* |
| *This is an estimate |
Walk Score®
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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).