735 University Ave, Boulder, CO 80302

This property is very unique and special. 735 University Avenue offers the new owner a great opportunity to invest in a fabulous location and lot on University Hill in Boulder! Beautiful Flatrions views from covered front porch. Just a few blocks to Chautauqua Park, trails and the Pearl Street Mall. Charming craftsman style home built in 1930. Very well maintained property and located at 7th and University Avenue, west of Broadway. A lot like this on University Hill is rarely available!! Check it out!! Lot is 171 X 50 and zoned for a single family residence and it has a front and back yard sprinkler system. BIG back yard with alley access and 4 parking spaces. The property has been an income property for many years. Currently 5 total units - 2 Studio units, 2 one bedroom/one bath units and 1 two bedroom/one bath unit in the front of the house with current rental license. Smart Regulations compliant. Windows replaced. The rental rate is projected and could be higher. Seller currently pays gas/electricity, water and sewer and trash removal. Owners lived in the 2 bedroom unit until October, 2025. Rental rate is projected. Rental license allows for triplex/duplex plus two rooming units. (studios) There is potential for a continued rental and income property, single family use or a possible additional dwelling to be added to the open and vacant back of the lot, with City of Boulder approval. Buyer to verify potential future use and any potential use of this property as well as square footage and any other information as necessary. Current leases expire July, 2026. Call agent with ANY questions!