About 805 29th Street #452

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

Property details

Property

Type: Condominium
MLS type: Residential
Status: Active
Year built: 1969
Stories: 3
Living area: 1,021 sqft
Price / sqft: $416
Lot: 2.39 AC / 104,048 SF
Full baths: 1
MLS #: 1067491

Interior

Appliances: Microwave, Oven, Refrigerator
Heating: Forced Air
Windows: Window Coverings

Exterior & lot

Roof: Metal

Schools

District: Boulder Valley RE 2
Elementary: Creekside
Middle: Manhattan
High: Boulder

Utilities

Utilities: Electricity Available, Natural Gas Available
Water: Public
Sewer: Public Sewer

Financial

HOA: Yes
Annual tax: $2,523
Parcel: R0083472

Location

Subdivision: Spanish Towers Condos
County: Boulder
Directions: Unit 452 is in the NORTH TOWER at Spanish Towers. From Baseline, turn north onto 29th Street and continue north - Spanish Towers is the last building on the left. From 30th Street, turn west onto Bixby Road, Spanish Towers is at the intersection of 29th St & Bixby. Unit 452 has parking space 27

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805 29th Street #452