435 Manhattan Drive Boulder, CO 80303
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)