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Active
3300 Madison Avenue
Boulder CO, 80303
$1,900,000
$456.73 per sqft
Active
4,160 sqft
Multi-family
Built in 1966
Welcome to 3300 Madison Avenue, a fantastic investment opportunity in the heart of Boulder! This well-maintained 4-plex offers an unbeatable location just steps away from the University & less than 10 minutes from downtown Boulder, making it highly desirable for students & professionals alike. There is also a community pool & bike underpass nearby, as well as close proximity to the 29th Street Mall. Each unit boasts 2 spacious bedrooms & 1 modern bathroom, providing comfortable living spaces for tenants. Three of the units have been completely updated with contemporary finishes & fixtures, while the fourth unit has been partially updated, offering room for customization. Every unit includes its own laundry facilities, ensuring convenience for all residents & features a private outside courtyard, perfect for relaxing or entertaining. Ample designated parking is available for all units, a rare & valuable feature in this prime location. As well as off-street parking. This property presents a lucrative investment opportunity in Boulder's competitive real estate market. The potential rent is much higher than what is currently being collected as units are under rented. Other rents in the area suggest $2,300 and up with an annual yield nearing $110,000. Contact the listing agent to schedule a viewing or for more information!
IR1015160
MLSⓇ ID
July 25, 2024
Listed
August 23, 2024
Updated
Map
3300 Madison Avenue
Boulder CO, 80303
Interior Features
Total Stories
2
Interior Features
Eat-in Kitchen, Open Floorplan
Appliances
Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Laundry Description
In Unit
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s)
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
Flood Zone
Roof
Membrane, Wood
School Information
School District
Boulder Valley RE 2
High School
Fairview
Elementary School
Creekside
Other Property Details
Taxes
$10,360
Tax Frequency
Annually
Garage
No
Parking Total
4
View
No
County
Boulder
Water Source
Public
Pool
No
Zoning
Res
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Data last updated 1:22 PM UTC, 8/23/2024
