Active

3300 Madison Ave

Boulder CO, 80303

$1,900,000


Active

8 Beds

4 Baths

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!

1015160

MLS ID

July 25, 2024

Listed

August 23, 2024

Updated

Map

3300 Madison Ave
Boulder CO, 80303

Interior Features

Total Stories

2


Bedrooms

8


Total Bathrooms

4


Interior Features

Eat-in Kitchen, Open Floorplan


Appliances

Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave


Laundry Description

Washer/Dryer Hookups


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Ceiling Fan(s)


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.15 Acres


Lot Features

Sidewalks, Water Rights Excluded, Irrigation Well Excluded


Roof

Wood, Rubber

School Information

School District

Boulder Valley Dist RE2


High School

Fairview


Elementary School

Creekside

Other Property Details

Area Name

Boulder


Taxes

$10,360


Tax Frequency

Annually


Days on Market

24


Garage

No


View

No


County

Boulder


Water Source

City Water, City of Boulder


Pool

No


Zoning

Res

Listed by Hayley Sell with Group Harmony
Listing Contact: 9704020188 

The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 8/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase.  Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 8/23/2024 at 8:34 AM UTC

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