2002 Baseline Road

Boulder, CO 80302

$1,549,000
Price
7
Beds
3
Baths
2,837 Sq. Ft.
$546 / Sq. Ft.
2,837
Sq. Ft.
$546
per Sq. Ft.

Description

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,...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.

Listing Agent

  1. Kathleen Ball

    Kathleen Ball

    Listing Agent

    Compass

Property Details for 2002 Baseline Road

Structure Type
House
Levels
Two
Stories
2
Subdivision Name
Interurban Park
Association
No
Basement
Yes

Location

Add your commute
LISTING UPDATED: 04/13/2024 09:14 AM

Property Details for 2002 Baseline Road

StatusPending
MLS #4376866
Days on Compass12
Taxes$6,444 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential-Detached
Year Built1950
Lot Size0.16 AC / 6,802 SF
CountyBoulder County

Location

Add your commute

Building Information for 2002 Baseline Road

Stories-Year Built1950Building Size-Lot Size0.16 AC / 6,802 SF

Payment Calculator

$8,991 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,454

Property Taxes

$537

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2002 Baseline Road

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 2837
  • Sqft Total: 2837
  • Living Area (SqFt Finished): 2837
  • Above Grade Finished Area: 1987
  • Living SqFt: 1987
  • Sq Ft Apx: 850
  • Below Grade Unfinished Area: 0
  • Area Source: Public Records
  • PSF Total: 546
  • PSF Above Grade: 780
  • PSF Finished: 546
  • Master on Main: No
  • Room Count: 14
  • Basement: Finished, Walk-Out Access
  • Fireplaces Total: 1
  • Fireplace Features: Gas
  • Heating: Forced Air
  • Cooling: Central Air
  • Interior Features: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Pantry
  • Flooring: Wood
  • Window Features: Window Coverings
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 7
  • Upper Level Bedrooms: 2
  • Main Level Bedrooms: 2
  • Lower Level Bedrooms: 0
  • Basement Level Bedrooms: 3
Bathrooms
  • Bathrooms Total: 3
  • Upper Level Bathrooms: 1
  • Main Level Bathrooms: 1
  • Lower Level Bathrooms: 0
  • Basement Level Bathrooms: 1
  • Bathrooms Full: 2
  • Bathrooms Three Quarter: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
Parking
Parking
  • Attached Garage: Yes
  • Parking Total: 2
  • Garage Spaces: 2
  • Offstreet Spaces: 7
  • Parking Count: 9
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Creekside
  • Elementary School District: Boulder Valley RE 2
  • Middle Or Junior School: Manhattan
  • Middle Or Junior School District: Boulder Valley RE 2
  • High School: Boulder
  • High School District: Boulder Valley RE 2
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 6802
  • Fencing: Full
  • Distance To Bus: 1
  • Distance To Bus Units: Blocks
  • Property Exclusions: Tenants Personal Property
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Block, Frame, Stucco
  • Roof: Composition
  • Exterior Features: Balcony, Fire Pit, Private Yard, Rain Gutters
  • Patio And Porch Features: Deck, Front Porch
  • Livable Structure Count: 0
Water & Utilities
Water & Utilities
  • Water Included: Yes
  • Water Source: Public
  • Sewer: Public Sewer

Property History for 2002 Baseline Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2002 Baseline Road

Taxable ValueLand$51,798Additions$25,634Total$77,432
Tax Record2023$6,444 ($537 / month)
Home Facts
Beds4Baths2Total Finished SqFt2,401 SqFtAbove Grade Finished SqFt1,551 SqFtFinished Basement SqFt850 SqFtStories2Lot Size6,795 SqFtStyleSingle Family ResidenceYear Built1950Year Renovated1992Zoning1112CountyBOULDERAPN1577-06-1-13-001

Schools near 2002 Baseline Road

This home is within Boulder Valley Re 2 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Creekside Elementary School At Martin Park
PublicPK to 5

Boulder High School
Public9 to 12

New Vista High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.