805 29th Street 452, Boulder, CO 80303

• 3 beds |
• 1 bath |
• 1,021 sqft

Property Description

Generous Owner Financing: 10% or higher down payment, 6% Interest Only Payments, 5 year maturity. NOTE: Investor concentration is no longer a factor in determining Warrantability of a complex. Conforming loan options should be available. Exceptional investment opportunity steps from the University of Colorado Boulder. This updated 3 BR, 1 Ba condo in Spanish Towers offers strong cash flow, a prime campus location, and low-maintenance ownership wi Elevator Access. With recent rental income of $3,750/month, HOA dues of $532/month, Property Taxes of $2,532/year, condo insurance of approximately $720/year, and a 7% management fee, the property delivers an estimated CAP RATE of approximately 7%. Brand New Furnace, Oven and Microwave & newer Refrigerator & Dish Washer insure a Trouble-Free investment. Ideally located within walking and biking distance to University of Colorado Boulder, the condo is especially attractive to students attending the Law School, Leeds School of Business, Engineering Center, and those wanting quick access to Folsom Field. The interior features durable Luxury Vinyl Flooring throughout, a cozy wood-burning fireplace, and an efficient layout designed for comfortable shared living & strong rental performance. 3 well-sized bedrooms maximize flexibility for tenants or owner-occupants alike. Residents of Spanish Towers enjoy secure building access along with desirable amenities including a Pool and Fitness Center (Full Renovations to be completed by October 2026 per the HOA), a Laundry Facility in each Tower and a meeting room. The unit is was leased at $3,750/month. Surrounded by restaurants, coffee shops, grocery stores, campus amenities, this property is an outstanding option for investors, parents purchasing for students, or buyers seeking convenient Boulder living. Unit 201 is also FOR SALE at $450,000 & was leased for $3,750/month until 7/31/2026. No pets allowed. Unit 452 has parking space #27

Listing Status:

Active

Date Added:

August 28, 2026

Data Last Updated:

October 5, 2026 at 7:08AM

Listing Office:

Modern Prestige Real Estate : 3036678738

Listing Agent:

Peyman Razifard :

Contact:

3036678738

MLS ID:

IR1067491

Interior

• Appliances: MicrowaveOvenRefrigerator
• Basement: None
• Heating: Forced Air
• Fireplace: Living Room
• Disability Feature: Accessible Approach with Ramp

Exterior

• Style: Spanish/SW

Construction

• Roofing: Metal
• Windows: Window Coverings
• General: StuccoThree Or More

Location

• HOA Amenities: ClubhouseElevator(s)Fitness CenterLaundryPoolSecurityReserve FundInsuranceMaintenance GroundsMaintenance StructureSnow Removal532.0Monthly
• Originating MLS: IRES
• School District: Boulder Valley RE 2
• County: Boulder

Lot

• Zoning: ResR0083472

Utilities

• Utilities: Electricity AvailableNatural Gas Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: IRES