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810 S Lashley Ln

Boulder, CO 80305
  • $750,000
  • STATUS: Active
  • ON SITE: 55 Days
  • MLS #: 949132
UPDATED: 45 min ago
$750,000
  • 6
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,052
    SQFT
  • $365
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

BACK ON MARKET due to no fault of property or Seller, buyer terminated due to loan conditions. Investment property with mountain views and a strong rental history. Smart Regs compliant with a 5.4% simple cap rate and potential for more, rented through July 2022. Located right just off Broadway and bus line, close to campus and shopping center. Three bedrooms upstairs and three non-conforming bedrooms with a kitchenette downstairs make this a popular rental for CU students. Seller owns two more similar properties and would be willing to sell as a portfolio. Savvy investors know the cash flow and appreciation potential on these student rentals, don't miss out on this opportunity! Motivated Seller.

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© 2021 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Partners, LLC.. Data last updated: 2021-10-15T15:41:26.64.
www.downtownre.com/homes/120683673
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810 S Lashley Ln Boulder, CO 80305

  • Price: $750,000
  • Status: Active
  • Updated: 45 min ago
  • MLS #: 949132
6
Beds
0
Baths
0
½ Baths
0.17
Acres
2,052
SQFT
$365
$/SQFT
1961
Built
Neighborhood:
Majestic Heights
County:
Boulder
Area:
01 Boulder City Limits
Elementary School:
Creekside
Middle School:
Manhattan
High School:
Fairview
School District:
Boulder Valley Dist Re2
Property Description
BACK ON MARKET due to no fault of property or Seller, buyer terminated due to loan conditions. Investment property with mountain views and a strong rental history. Smart Regs compliant with a 5.4% simple cap rate and potential for more, rented through July 2022. Located right just off Broadway and bus line, close to campus and shopping center. Three bedrooms upstairs and three non-conforming bedrooms with a kitchenette downstairs make this a popular rental for CU students. Seller owns two more similar properties and would be willing to sell as a portfolio. Savvy investors know the cash flow and appreciation potential on these student rentals, don't miss out on this opportunity! Motivated Seller.
Exterior Features

Construction Materials Brick/Brick Veneer Exterior Features Lighting Fencing Fenced Horse YN No Levels Two Lot Features CurbsGuttersSidewalks Other Parking Parking Per Unit(2 Spaces/Unit) Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa YN No View Foothills View Waterfront YN No

Interior Features

Appliances Gas Range/Oven Basement Full Heating Forced Air Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 6 Unit1 Est Sq Ft 2052 Unit1 Total Baths 3

Property Features

Association YN No Cap Rate 5.59 Electric ElectricXcel Exclusions Tenant's Personal Possessions Gas Natural GasXcel Gross Income 45600 Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Boulder Net Operating Income 41925 New Construction YN No Operating Expense 3675 Possible Use Single Family Property Condition Not NewPreviously Owned Property Sub Type Single Family Residence Tax Annual Amount 3675 Tax Year 2020 Tenant Pays DepositGasElectricity Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity Of Boulder Zoning Res

Listing information © 2021 Information and Real Estate Services
Listing provided courtesy of Sherrie Marquet Figueroa of Porchlight Re Group-Boulder.



© 2021 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Partners, LLC.. Data last updated: 2021-10-15T15:41:26.64.
 
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