About This Home
This 3-bedroom, 1-bathroom condo at 805 29th St #452 in Boulder, CO is listed for $425,000 ($416 per sqft). Built in 1969, the home offers 1,021 sqft of living space on a 2.39 acres lot.
Key Features
- Built in 1969
- 2.39 acre lot
- Fireplace
Property Details
Amenities
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
Monthly Cost Estimate
$2,805/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
805 29th St #452
Boulder, CO 80303
Spanish Towers Condos
Property Details
Construction
Parking
Heating
Appliances
Questions & Answers
This 3-bedroom, 1-bathroom condo at 805 29th St is listed at $425,000 ($416/sqft). The estimated monthly payment is $2,805 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $532/month.
Key features include: Built in 1969, 2.39 acre lot, Fireplace.
This property is listed by Peyman Razifard and can be reached at 3036678738.



