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Prime Investment Opportunity in the Heart of Boulder. Discover an exceptional opportunity at a competitive price point, perfectly suited for investors, second-home buyers, or student housing. This versatile residence blends affordability with the sought-after Boulder lifestyle.Backing to serene open space, the home offers a peaceful setting with two dedicated parking spaces. The unit boasts hardwood floors, a bright updated kitchen, and a cozy wood-burning fireplace.A unique land lease structure makes this property especially appealing for buyers seeking to maximize value. Short-term rentals (Airbnb) are allowed, presenting significant income potential and lifestyle flexibility.Key Details:Financing: Cash or Portfolio LoanLand Lease: Annual Land Lease payment due each October. Current land lease $35,791.11 in 2024 and adjusted annually by CPI, with reappraisal every five years. Purchase option available after 2037.Tax Benefit Potential: Lease may qualify as "redeemable ground rent." Buyer is solely responsible for consulting with their accountant in this matter.HOA Dues Include: Water, trash, heating, exterior maintenance, and hazard insurance (electric/gas billed separately).Seize this rare chance to invest in Boulder's vibrant market while enjoying both value and versatility.
| DAYS ON MARKET | 59 | LAST UPDATED | 2/21/2025 |
|---|---|---|---|
| TRACT | Flatirons | YEAR BUILT | 1975 |
| COMMUNITY | Boulder | COUNTY | Boulder |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| School District | Boulder Valley Dist RE2 |
|---|---|
| Elementary School | Flatirons |
| Jr. High School | Manhattan |
| High School | Boulder |
| ADDITIONAL DETAILS | |
| AMENITIES | Extra Storage |
|---|---|
| APPLIANCES | Dryer, Refrigerator, Washer |
| AREA | Boulder |
| BASEMENT | Crawl Space, Yes |
| CONSTRUCTION | Wood/Frame |
| GARAGE | Off Street |
| HEAT | Baseboard |
| HOA DUES | 520| Monthly |
| LOT DESCRIPTION | Abuts Public Open Space |
| STORIES | 2 |
| SUBDIVISION | Flatirons |
| TAXES | 725 |
| UTILITIES | Electricity Available |
| WATER | City Water, City Of Boulder |
| ZONING | RES |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Paul Anselmo, Porchlight RE Group-Boulder
Last updated: 4/20/25 9:06 PM PDT
Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed by the MLS
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright IRES 2025.
Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed by the MLS
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright IRES 2025.
This IDX solution is (c) Diverse Solutions 2025.