2002 Baseline Rd, Boulder, CO 80302

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2002 Baseline Rd

Boulder, CO 80302

Pending

$1,549,000

Under Contract

Beds

Baths

Garage

1,987

Sq.Ft.

0.16

Acres

MLS# 4376866

Cumulative Days on Market: 27 (since March 29th, 2024) Data provided by the MLS.

Property Details

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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Property Highlights

Price

$1,549,000

Property Type

Residential

Property Sub Type

Residential-Detached

Total Bathrooms

Year Built

1950

Acres

0.16

Location

Area

Boulder

County

Boulder

Subdivision

Interurban Park

Property Details

Condition

Not New, Previously Owned

Price

$1,549,000

Property Sub Type

Residential-Detached

Property Type

Residential

Building

Levels

Two

Total Area

1,987

Community

Local Schools

Elementary School

Creekside

High School

Boulder

Middle School

Manhattan

School District

Boulder Valley RE 2

Interior Features

Bedrooms and Bathrooms

3/4 Bathrooms

Bedrooms

Full Bathrooms

Total Bathrooms

Rooms and Basement

Basement Features

90%+ Finished Basement, Walk-Out Access

Area and Spaces

Above Grade Finished Area

1,987

Below Grade Finished Area

850

Living Area

2,837

Appliances

Dishwasher, Refrigerator, Washer, Dryer, Microwave

Interior Features

Fireplace Features

Gas, Single Fireplace

Interior Features

Eat-in Kitchen, Pantry

Laundry Features

In Basement

Window Features

Window Coverings

Heating and Cooling

Has Fireplace

Yes

Heating Features

Forced Air

Building Details

Construction

Year Built

1950

Materials

Construction Materials

Wood/Frame, Block, Stucco

Roof

Composition

Terms

Exclusions

Tenants Personal Property

Special Conditions

Private Owner

Special Terms

Cash, Conventional

Taxes

Tax

Tax (Annual)

$6,444

Heating, Cooling & Utilities

Cooling Features

Central Air, Ceiling Fan(s)

Utilities

Sewer

City Sewer, Public Sewer

Water Source

City Water

Lot

Acres

0.16

Lot Features

Gutters

Lot Size

6,802

Lot Size Area Sq Ft

6,802

Parking

Covered Spaces

Garage Capacity

Exterior Features

Balcony

Fencing

Fenced

Patio And Porch Features

Patio, Deck

Listed by Compass - Denver, kathie@kathieball.com, 303-956-1856.

Listing Data last updated 04/25/2024 04:30 PM

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Property History

12 days ago

Property information last updated

27 days ago

Status Active. This is the date the listing was placed on market.

NOTE: Cumulative Days on Market: 27. Data provided by the MLS.

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Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES.
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.

Listing Data last updated: 04/25/2024 04:30 PM

2002 Baseline Rd - MLS#4376866 - $1,549,000

Listed by Compass - Denver

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Property Highlights

Location

Property Details

Building

Community

Local Schools

Interior Features

Bedrooms and Bathrooms

Rooms and Basement

Area and Spaces

Appliances

Interior Features

Heating and Cooling

Building Details

Construction

Materials

Terms

Terms

Taxes

Tax

Heating, Cooling & Utilities

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Parking

Exterior Features

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