435 Manhattan Drive

Don't miss an exceptional investment opportunity with this fully remodeled 8-bedroom Boulder triplex. We know interest rates are high, so this motivated seller is offering a better than ever price Today. Step into $425,000 of instant equity! This property appraised at $2,300,000 just months ago in the fall of 2023. Plus now rented out, with a cap rate of 5.78 this property blows out of the water Boulder's median cap rate of 4.86. Plus above longterm rents, Rabbu.com projects it may generate over $219,000 per year as a short term rental! Renovated with a contemporary and sleek aesthetic enjoy top-tier tenants and top tier rents. Each room boasts brand-new, durable LVP flooring, modernized kitchens complete with updated cabinets and appliances, fresh paint, new doors and hardware, upgraded lighting, and renovated bathrooms. Situated in a highly desirable neighborhood of East Boulder, it offers convenient access to the East Boulder Rec Center, open space trails, and the Base-mar Shopping Center. Currently, the property is rented on month-to-month leases, providing flexibility for the new owner to either retain the existing tenants, or occupy a unit themselves. Units are leased furnished, and furnishings come included in the sale price! Don't miss this incredible opportunity!