2002 Baseline Road, Boulder

$1,549,000

7 Beds
3 Baths
2,837 Sqft
.16 Acres
2 Garages

Introducing 2002 Baseline - an exceptional income property opportunity ideally situated just one block off campus, offering convenience and comfort for university students. All are leased through July 2024, with most leased through July 2025, providing a stable and lucrative rental income. THE CURRENT CAP RATE IS 5.6%! The seller has made significant investments to enhance the property's appeal, including a forthcoming balcony off the second floor and a new deck complete with a spiral staircase, offering a perfect setting for relaxation and enjoyment, not to mention outstanding views of the Flatirons. Further upgrades include a new 50-gallon water heater, a new refrigerator, a new roof with Class 4 shingles, and new gutters, ensuring modern comfort and efficiency for the tenants and the property. A new egress window was added in the basement bedroom, new insulation in the attic, and some new windows further enhance the property's overall value. This income property presents an incredible opportunity for investors seeking a turnkey investment with a proven track record of rental success. Don't miss out on owning this prime income-generating property that offers current stability and future potential.

Essential Information
MLS® #4376866
Price$1,549,000
Bedrooms7
Bathrooms3.00
Full Baths2
Square Footage2,837
Acres0.16
Year Built1950
TypeResidential
Sub-TypeResidential-Detached
StatusPending
Community Information
Address2002 Baseline Road
AreaBoulder
SubdivisionInterurban Park
CityBoulder
CountyBoulder
StateCO
Zip Code80302
Interior
Interior FeaturesEat-in Kitchen, Pantry
HeatingForced Air
CoolingCentral Air, Ceiling Fan(s)
FireplaceYes
FireplacesGas, Single Fireplace
# of Stories2
StoriesTwo
Has BasementYes
Appliances

Dishwasher, Refrigerator, Washer, Dryer, Microwave

Basement

90%+ Finished Basement, Walk-Out Access

Exterior
Exterior FeaturesBalcony
Lot DescriptionGutters
WindowsWindow Coverings
RoofComposition
ConstructionWood/Frame, Block, Stucco
School Information
DistrictBoulder Valley RE 2
ElementaryCreekside
MiddleManhattan
HighBoulder
Additional Information
Days on Market13
# of Garages2
GaragesAttached
Listing Details
OfficeCompass - Denver
Office Contact

[email protected],303-956-1856

Property History
Status Changed from Active to Pending
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Listing information last updated on May 2nd, 2024 at 3:04am MDT.