805 29th St 452, Boulder, CO 80303

• 3 beds |
• 1 bath |
• 1,021 sqft

Property Description

Seller is offering generous Owner Financing for 3 years: 10% down payment, 5% Interest , 3 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 with Elevator Access. With current 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 and newer Refrigerator and 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 (currently under repairs), Fitness Center, a Laundry Facility in each Tower and a meeting room. The unit is currently leased at $3,750/month through 7/31/2026, providing immediate income and minimizing vacancy risk. Surrounded by restaurants, coffee shops, grocery stores, and 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 and is currently leased for $3,750/month until 7/31/2026. No pets allowed

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 12:21AM

Listing Office:

Modern Prestige Real Estate : 3036678738

Listing Agent:

Peyman Razifard : 3036678738

MLS ID:

1059049

Interior

• Appliances: Electric RangeDishwasherRefrigeratorMicrowaveFire Alarm
• Basement: None
• Heating: Forced Air
• Fireplace: Living Room
• Disability Feature: Main Floor BathMain Level BedroomAccessible Elevator Installed

Exterior

• Style: Spanish
• Parking: None

Construction

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

Location

• Road/Access: City Street
• HOA Amenities: Indoor PoolFitness CenterCommunity LaundrySecurity BuildingElevatorCommon AmenitiesSnow RemovalMaintenance GroundsManagementUtilitiesExterior MaintenanceWaterInsuranceSewer532.0Monthly
• Originating MLS: ires
• School District: Boulder Valley Dist RE2
• County: Boulder

Lot

• Zoning: ResR0083472

Utilities

• Utilities: Natural Gas AvailableElectricity AvailableXcel Energy
• Water: City
• Sewer: Public Sewer

Financial

• Source: ires
• Exclusions: Tenant's Personal Property