$790,000

1200 College Ave 118, Boulder, CO 80302

3 beds |
2 baths |
992 sqft

Condominium
Built in 1968
—— sqft lot
—— car garage
$796/sqft
Listed 6 days ago

Property Description

Positioned in a prime Hill location, this townhouse-style condo in the desirable College Townhomes complex represents a premier investment opportunity in Boulder's most competitive student rental market. This turnkey property delivers immediate financial security, currently pre-leased through August 2, 2027, at an all in rate of $5,299 monthly, yielding an impressive 5.6% Cap Rate. The sophisticated layout optimizes rental appeal, featuring a main-level primary bedroom with direct access to a private balcony, a well-appointed kitchen with a functional bar-top, a comfortable living area, and a convenient guest half-bath. The lower level offers two additional garden-level bedrooms joined by a Jack-and-Jill bathroom, providing an ideal configuration for student residents. Beyond the unit, owners and tenants benefit from one assigned off-street parking space, on-site laundry facilities, and inviting community common areas including a sun deck and picnic tables designed for the Boulder lifestyle. With long-term income stability already locked in for over a year, this is a rare chance to acquire a great asset on The Hill. Please view the available virtual tour to fully experience the layout and setting of this compelling investment opportunity

Listing Status:: Active
Data Last Updated:: April 2, 2026 at 2:23AM
Listing Office:: Four Star Rlty & Prop Mgmt : 3034490064
Listing Agent:: P Caldwell Sullivan : 7202738957
MLS ID:: 1054785

General: Eat-in Kitchen
Appliances: Electric RangeDishwasherRefrigerator
Basement: Full
Heating: Hot WaterBaseboard

General: Balcony
Parking: None

Roofing: MetalRubber
General: BrickBi-LevelTwo

Road/Access: City Street
HOA Amenities: Community LaundryCommon AmenitiesTrashSnow RemovalManagementUtilitiesExterior Maintenance400.0Monthly
Originating MLS: ires
School District: Boulder Valley Dist RE2
County: Boulder

Zoning: RH-5R0103384

Utilities: Natural Gas AvailableElectricity AvailableXcel
Water: City

Source: ires
Exclusions: Tenants personal belongings.

This listing courtesy of P Caldwell Sullivan , Four Star Rlty & Prop Mgmt

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Flatirons Elementary School

1150 7th St, Boulder, CO, 80302

Grades KG-5

0.44 miles away

Casey Middle School

1301 High St, Boulder, CO, 80304

Grades 6-8

1.14 miles away

Boulder High School

1604 Arapahoe Ave, Boulder, CO, 80302

Grades 9-12

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.