$1,875,000
Active
20 Days Online
0 Beds0 Baths3,222 SQFT
Active

435 Manhattan Drive Boulder, CO 80303

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Don't miss an exceptional investment opportunity with this fully remodeled 8-bedroom Boulder triplex. We know interest rates are high, so this motivated seller is offering a better than ever price Today. Step into $425, 000 of instant equity! This property appraised at $2, 300, 000 just months ago in the fall of 2023. Plus now rented out, with a cap rate of 5.78 this property blows out of the water Boulder's median cap rate of 4.86. Plus above longterm rents, Rabbu.com projects it may generate over $219, 000 per year as a short term rental! Renovated with a contemporary and sleek aesthetic enjoy top-tier tenants and top tier rents. Each room boasts brand-new, durable LVP flooring, modernized kitchens complete with updated cabinets and appliances, fresh paint, new doors and hardware, upgraded lighting, and renovated bathrooms. Situated in a highly desirable neighborhood of East Boulder, it offers convenient access to the East Boulder Rec Center, open space trails, and the Base-mar Shopping Center. Currently, the property is rented on month-to-month leases, providing flexibility for the new owner to either retain the existing tenants, or occupy a unit themselves. Units are leased furnished, and furnishings come included in the sale price! Don't miss this incredible opportunity!

  • Property TypeMulti-Family
  • NeighborhoodKeewaydin Meadows 2
  • CountyBoulder
  • Taxes$5,207
  • HOA/Condo/Coop Fees$0
  • Days on Site19 Days
  • MLS StatusActive
  • MLS ID NumberIR1010637
  • Home Size Source Assessor
  • Year Built1969
  • Lot Size0.24 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction BrickVinyl Siding
  • Parking Spaces 8
  • Sewer Public Sewer
  • Basement None
  • Number of Stories 2
  • Acreage 0.24
  • Water Public
  • Security Smoke Detector(s)
  • Property Sub Type Triplex
  • Utilities Electricity AvailableNatural Gas Available
  • Zoning RES
  • Direction Faces East

Interior Features

  • Heating Baseboard
  • Appliances DishwasherDryerMicrowaveOvenRefrigeratorWasher
  • Furnished? Furnished
  • Window Features Window Coverings
  • Fireplace No

Exterior Features

  • Roof Composition
  • Fencing Partial
  • Spa No
  • Waterfront Property No

Community Features

  • Security Features Smoke Detector(s)

Schools

School District
Boulder Valley RE 2
Elementary School
Eisenhower
Middle School
Manhattan
High School
Fairview

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Monthly Payment (Est.)

$9,929
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