Investor Opportunity: Studio Condo with Long-Term Tenant in Prime Boulder LocationLocated in the heart of Boulder and adjacent to a peaceful, tree-lined creek, this spacious studio unit presents a rare opportunity for investors seeking steady rental income in a high-demand market. Unit #412 at 1850 Folsom St is currently occupied by a reliable, long-term tenant who wishes to remain in residence, offering immediate cash flow with no vacancy period.This generously sized studio features an open layout with large windows that flood the unit with natural light and offer serene views of the surrounding landscape. The functional kitchen includes ample cabinet space and full-size appliances. A dedicated vanity area connects to the bathroom and provides additional storage. The unit also includes one deeded, covered parking space-an added bonus in this central location. Residents enjoy an array of amenities that enhance rental appeal: a year-round indoor pool and hot tub, fitness center, community game rooms, on-site laundry, secure entry, and beautifully maintained community gardens. The property backs to a charming creek and is surrounded by mature trees, providing a quiet, natural setting in the heart of the city. Just minutes from Pearl Street, CU Boulder, and public transportation, this location offers unbeatable walkability and access to everything Boulder has to offer. Low-maintenance and amenity-rich, this is a strong investment in one of Colorado's most resilient rental markets.
Utility FeaturesNatural Gas Available, Electricity Available
SEWERCity Sewer
WATER SOURCECity Water, City of Boulder
Year Built1971
BasementNone
FINISHED BASEMENT SIZE0.0
ARCHITECTURAL STYLEContemporary/Modern, Ranch
RoofRubber
Garage spaces1
CITYBoulder
SUBDIVISIONHorizon West Condos Amd 2
COUNTYBoulder
AREABoulder
STATECO
SENIOR COMMUNITYNo
COMMUNITY FEATURESHot Tub, Indoor Pool, Fitness Center, Business Center, Recreation Room
HOA1
TAX AMOUNT1613.0
HOA FEE1109.57
HOA FREQUENCYMonthly
LATEST UPDATE2025-07-18T16:40:59.706Z
DAYS ON MARKET1
PRICE CHANGE(S)
$299,000 Jul 18, 2025
CUMULATIVE DAYS ON MARKET1
Market Trends
New Properties On Market
68
1%
Decrease In New Listings
Average Asking Price
$1,682,360
$1,620 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$666
$4 Increase In List Price/Sq. Ft.
Average Days On Market
18
31 Day
Decrease In Days On Market
Data as of Jul 22, 2025.
Remaining statistics above are calculated on activity within the period from May 01, 2025 to Jun 30, 2025.
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