$515,000
2 Bedrooms ,
1 Bathroom
Property Description
INVESTOR'S DREAM - With an almost 5% cap rate, this gem right across from the CU campus is a fantastic investment property! Always rents in a flash as tenants can walk to campus, have a 1 car underground reserved parking, and a layout that allows for privacy. There's an additional 70 SF (not included in the 660 SF total) in a bonus loft space in the main level bedroom, perfect for a study space or a guest. Plus a spacious 110 SF balcony for residents to hang out on for coffee & relaxation. Unique 2nd floor, 2-level condo offers wood floors in living room & bedrooms, ceramic tile floors in kitchen & bathroom, soaring cathedral ceilings, granite counters in the kitchen, and in-unit washer & dryer. This condo has been well taken care of, and was freshly painted inside in 2021. University Terrace exterior is being painted August '22, and the special assessment has been paid-in-full by the current owner. This is a security building, and also has secure underground parking garage. Easy walkGeneral Features
MLS: 7108303 | Status: Sold |
Sold Date: 09/26/2022 | Bedrooms: 2 |
Baths: 1 | Total SqFt: 660ft² |
Finished SqFt: 660ft² | Above Ground SqFt: 660ft² |